US Dollar Exchange Rates of
25th
Jan
2023
China Yuan 7.16
Report from China
RMB300 billion/yr from green building materials
Ten departments led by the Ministry of Industry and
Information Technology have prepared a plan for the
development of the green building materials industry.
The plan proposes that the annual sales of green
building
materials will exceed 300 billion yuan by 2026 with an
average annual growth of more than 10% from 2024.
In total around 30 industrial clusters will be developed,
around 50 green building materials demonstration projects
will be built, government procurement policies will be
adjusted in no less than 100 cities, green building material
product certification will reach 12,000.
By 2030 the level of energy savings, emission reductions,
low carbon, safety and recyclability in the life cycle of
green building materials will be further improved. Further
internationally recognised green building material
manufacturers and product brands will be created.
See:https://baijiahao.baidu.com/s?id=1787758103024647572&wfr=spider&for=pc
The plan proposes the following key tasks:
China will speed up the greening of production processes,
strengthen measures such as process upgrading, energy
substitution, energy conservation and consumption
reduction and resource recycling to achieve a reduction of
pollutants and carbon emissions.
China will accelerate the intelligent production methods,
continue to promote the development of intelligent
manufacturing in the building materials industry,
accelerate the integration of the whole industrial chain of
green building materials with a new generation of
information technology and promote intelligent
production, large-scale customisation and service
extension of green building materials.
China will promote the coordination of industrial
development, accelerate the cultivation of green building
materials industry clusters, encourage regions to combine
resource production factors and market demand, adapt to
local conditions and industrial layout.
China will carry out training, enhance the quality basis,
expand brand influence of three categories of products
(new, famous and quality products).
China will promote the application of construction
projects, strengthen the requirements for the selection of
green building materials, encourage eligible areas to carry
out demonstration construction of green building materials
projects in combination with building types such as zero-
carbon buildings and near-zero-energy buildings and
encourage public procurement and market investment
projects to expand the scope of green building materials
procurement and increase procurement efforts.
More green building materials will be sent to the
countryside. Research will be carried out to further enrich
and improve the activities of green building materials for
rural use and explore the transformation from "green
building materials products to "green building materials
system solution supplier + rural construction service
provider in the countryside.
China will guide green consumption, innovate
consumption patterns, encourage production enterprises to
provide customised application programmes for green
building materials cooperating with real estate enterprises,
architectural designers, home decoration and inner
furnishing enterprises and explore new models for
integrated decoration and decoration services.
China will optimise innovation mechanisms, encourage
the establishment of technology centres and engineering
centres featuring green building materials and improve
research and development and technology transfer
platforms for the industry.
China will improve the system of Standards. In accordance
with the development of the green building materials
industry, the evaluation Standards for green building
materials will be revised, the implementation of relevant
Standards for green building materials will be assessed
and mandatory Standards will be strengthened.
China will continue green building materials product
certification and further expand the scope of green
building materials product certification.
Bamboo as a substitute for plastic
Recently the National Development and Reform
Commission and other departments formulated a Three-
year Action Plan to ‘Accelerate the Development of
Bamboo as a Substitute for Plastic’. This provides
important policy opportunities for promoting the
development of China's bamboo industry.
China's bamboo industry continues to grow, the level of
bamboo processing and utilisation ranks first in the world
and product quality, variety, efficacy and applications are
rich. The latest data show that the existing bamboo forest
area in China exceeds 7.5 million hectares, the annual
value of bamboo output exceeds RMB400 billion and the
total value of bamboo products trade accounts for more
than 60% of the world trade in bamboo.
Rise in wooden furniture exports from Linyi City
According to Linyi Customs in 2023 the total value of
wooden furniture exports from manufacturers in the city
reached RMB2 billion, a year-on-year increase of 17%. At
the same time, since the implementation of the ‘Internet +
review mechanism by Linyi Customs’ there have been 13
newly registered furniture export enterprises in Linyi City,
an increase of 36% year-on-year.
In order to better serve the needs of wooden furniture
enterprises in Linyi City, Linyi Customs has continuously
optimised the registration access mode, simplified the
access process for enterprises by implementing online
document review and online video verification and greatly
improved efficiency. At the same time the application of
territorial inspection has been shortened.
Linyi Customs has also established a "one to one Customs
staff" working mechanism to provide professional
guidance services for furniture enterprises to help them
accurately meet oversea market access requirements.
Customs staffs have a deep understanding of the needs of
enterprises and provide personalised business guidance to
help enterprises better understand and master relevant
policies and Standards to expand the international markets.
First China-Vietnam rail shipment of fibreboard
It has been reported that the first China-Vietnam cross-
border container freight train loaded with fibreboard
started from Nanning International Rail station and arrived
at Ga Yên Viên Station, Hanoi after a 14.5 hour journey.
The Spring Festival is also an important holiday in
Vietnam and it is common for families to buy new
furniture and other household items.
China is one of the sources of Vietnamese fibreboard
imports.
China exported fibreboard to Vietnam by road in the past
and the recent shipment is the first rail. The rail service is
reliable and the security of goods leaving the country by
train is guaranteed.
Global Timber Index report
In December 2023 a unit of Bank of China (BOC) released
a report on China’s Economic and Financial Outlook 2024
which estimates that China’s GDP will expand by around
5% in the fourth quarter of 2023, and the full-year GDP
growth in 2023 may reach around 5.3% (January 2024
data show GDP expanded 5.1%).
At the beginning of January 2014, some adjustments were
made to housing provident fund policies ( Beijing) and
loan policies (Shanghai). For example, the minimum
down-payment for a second improved housing in Shanghai
could be lowered to 40%.
On 4 January 2024 Shenzhen issued the "Implementation
Opinions on Actively and Steadily Promoting the
Transformation to Urban Villages to Achieve High-quality
Development" to solicit opinions from the public before 4
February 2024. An estimated 40% of the city's total
buildings would be involved in the transformation to urban
villages.
In December 2023 China's construction sector showed
some signs of recovery and the timber sector saw a modest
rebound in orders from both home and abroad driven by
continuous stimulus policies in the real estate sector.
However, most enterprises were inclined to reduce
inventory and no marked improvement was observed on
the production and supply side.
The feedback from GTI-China enterprises indicated that
there were a significant increases in prices for timber and
chemicals amid fierce market competition but enterprises
still had not seen an obvious rebound in orders.
In December the GTI-China index recorded 47.5%, a
decrease of 6.5 percentage points compared to that of the
previous month and was below the critical value (50%)
once again after being above the value for 2 months
indicating that the business prosperity of the timber
enterprises represented in the GTI-China index shrank
from last month.
Main challenges reported by GTI-China enterprises
Product sales declined.
The supply of goods was unstable and the
delivery took a significant amount of time.
Orders were insufficient and material prices rose.
It was not feasible to raise prices, as price
competition was fierce.
The production index registered 33.3%, a decrease of 19.2
percentage points from the previous month falling below
the critical value of 50 after 2 months indicating that the
production volume of the timber enterprises represented
by the GTI and was less than that of last month.
The export orders index registered 55.0%, an increase of
22.0 percentage points from the previous month and above
the critical value after 2 months indicating that the number
of export orders of the timber enterprises represented by
the GTI was more than that of November.
See:
https://www.itto-ggsc.org/static/upload/file/20240116/1705365254170310.pdf
Through the eyes of industry
The latest GTI report lists the challenges identified by the
private sector in China.
See:
https://www.itto-ggsc.org/static/upload/file/20240116/1705365254170310.pdf
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