US Dollar Exchange Rates of 25th April
2019
China Yuan 6.7431
Report from China
Main wood products imports from EU in 2018
The value of China¡¯s wood products imports from EU
member states in 2018 was USD8.1 billion. The main
imported wood products were wood pulp, paper,
paperboard and paper products, waste paper, sawnwood,
logs, wooden furniture and seats as well as printed panels.
Imports from the EU
Timber imports through Zhangjiagang Port in 2018
According to China Customs, log imports through
Zhangjiagang Port in 2018 were 4.47 million cubic metres
valued at US$1.03 billion. 48% was from Papua New
Guinea and 34% from Solomon Islands and the balance
from Equatorial Guinea (6%), Cameroon (5%), the
Republic of Congo (3%), Suriname and the Central Africa
Republic.
In addition, sawnwood imports through Zhangjiagang Port
in 2018 were 41,020 cubic metres valued at US$23
million, 90% was from Gabon and others from the
Republic of Congo, Papua New Guinea, Mozambique, Fiji
and Cameroon.
Chinese ¡®redwood¡¯ industry in Dongyang city
Dongyang City, Zhejiang Province, is an important
production centre for Chinese ¡®redwood¡¯ furniture and the
¡®redwood¡¯ furniture wholesale and retail markets have
been upgraded.
At present, there are 1,336 enterprises producing carved
¡®redwood¡¯ furniture and they have a combined showroom
space of over 1 million square metres. All products
manufactured in Dongyang City carry a QR code to
facilitate traceability.
Recently, a national workshop on traceability and legality
for Chinese ¡®redwood¡¯ products was held in Dongyang
City of Zhejiang province. The domestic market demand
for ¡®redwood¡¯ products is huge and consumers are now
demanding good quality and traceability.
In 2016 Zhejiang Province was the pilot area for tracking
the origin and species of Chinese ¡®redwood¡¯ products and
the traceability system was officially established in 2017
and ¡®redwood¡¯ products manufactured in Dongyang City
carry a logo and QR code. This allows consumers to get
information on raw materials, production etc.
To further promote ¡®redwood¡¯ sales in the Province a highspeed
train named "Dongyang Redwood" has been
launched. The promotional campaign says ¡°Buy
¡®Redwoods¡¯ in Dongyang¡±.
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