China's furniture industry transformation and upgrading, the export volume continues to grow

"In the first quarter of this year, China's foreign trade continued its rebound since the fourth quarter of last year and continued to maintain steady growth. Among them, the total export value of seven major labor-intensive products such as furniture was US$97 billion, up 21.8% year-on-year. It accounted for 19.1% of China's total foreign trade exports." On April 10, Zheng Yuesheng, spokesperson of the General Administration of Customs and Director of the General Statistics Department, said at a press conference held by the State Council Information Office. Regarding the foreign trade import and export expectations this year, Zheng Yuesheng said: "In the context of the release of policy effects and the stable development of the domestic economy, the confidence of export enterprises has increased. Judging from the overall situation, China's foreign trade import and export situation this year may be slightly better than last year, but The driving force for the global economic recovery is still insufficient. The external environment facing China's import and export is still complicated. Enterprises should consider transformation and upgrading.” For furniture companies, transformation and upgrading are particularly important. Faced with the increasingly serious homogenization competition and the constraints of international trade barriers, furniture companies should enhance their competitiveness in order to achieve growth in the face of adversity. Exports of furniture and its parts continue to grow It is reported that the latest data released by the General Administration of Customs shows that from January to February this year, the cumulative export value of China's furniture and parts was 8.812 billion US dollars, an increase of 60.2%. In February, China’s exports of furniture and parts were 3.393 billion US dollars. In the first quarter of this year, the total export value of 7 categories of labor-intensive products such as furniture was US$97 billion, up 21.8% year-on-year, accounting for 19.1% of China's total foreign trade exports. In 2012, the cumulative export volume of China's furniture and its parts reached US$48.824 billion, a year-on-year increase of 28.7%. Among them, from January to August, the national furniture industry has completed a total export value of 31.594 billion US dollars, an increase of 28.05%. From a monthly perspective, January was basically the same as last year. In February, March, and April, the average growth rate was 20%. In May and June, it increased by nearly 50% year-on-year. In July, it increased by 38% year-on-year. In August, it increased by 27.86%. . China has always been a major exporter of furniture. In the past few decades, the total output value of China's furniture industry has increased from 1.08 billion yuan in 1978 to 650 billion yuan in 2008. The export value has increased from 24.79 million US dollars to 27.583 billion US dollars. A miracle. Although the international financial crisis has changed the world economic structure, after a short period of weakness, China's furniture exports have grown again. Although the US and EU markets have shrunk, market demand in ASEAN, Latin America, and Africa has increased. The policy environment is constantly optimized. "The policy environment for China's foreign trade import and export is constantly being optimized. Since last year, China has introduced a number of measures to stabilize foreign trade development, such as "Several Opinions on Promoting Stable Growth of Foreign Trade", "About Cancellation and Exemption of Imports At the same time, the state has actively guided the transfer of foreign investment from low-end manufacturing to high-tech fields. At present, the positive effects of these policies and measures have begun to be released, which has become a steady growth of China’s foreign trade in the first quarter of this year. An important driving force," said Zheng Yuesheng. According to Jiuzheng Building Materials Network, in the international market, ASEAN, Latin America, Africa and other places have lower entry barriers and considerable development prospects, and have now become a new growth point for China's furniture exports. Affected by factors such as the escalation of technical barriers to trade between the United States and the European Union, China's furniture companies have increased their efforts to develop these emerging markets. In 2012, China’s exports of furniture to ASEAN amounted to US$4.93 billion, up 39.4% year-on-year; exports of furniture to Latin America reached US$3.07 billion, up 75.2% year-on-year; and exports of furniture to Africa reached US$2.76 billion, up 1.4 times year-on-year. Enterprises should consider the transformation and upgrading " While seeing the positive factors that are conducive to China's foreign trade development, we should also note that at present we still do not see signs of a steady increase in external market demand, and the import and export performance of major global trading entities is not "There is no possibility that the major developed markets will improve, and the trade environment is becoming more and more complicated." Zheng Yuesheng said. As is known to all, the United States and the European Union are the main export destinations of China's furniture. However, its continuous "double-reverse" investigation of Chinese furniture has become an important factor affecting China's furniture exports. Last month, the EU's timber and wood products regulations and new environmental design directives were enforced. Faced with the grim situation in the international market, the top priority for furniture companies is transformation and upgrading. At present, many Chinese furniture companies are responding to increasingly stringent international regulations through transformation and upgrading and the introduction of high technology. Lin Zuoxin, president of the Asian Furniture Federation, said that furniture companies should develop new business models, such as cooperation among domestic manufacturers, use one brand together, use the same design company, and push the brand as a whole to the international market. He called for furniture companies to calm down and plow in order to keep the results and continue to operate.

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