Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Industry

China's furniture makers see rising profits in January-October

December 05, 2022


Abstract : China's major furniture manufacturers reported rising profits in the first 10 months of 2022, despite disruptions caused by the COVID-19 epidemic, official data showed.

BEIJING, Dec. 4 (Xinhua) -- China's major furniture manufacturers reported rising profits in the first 10 months of 2022, despite disruptions caused by the COVID-19 epidemic, official data showed.

During the January-October period, total profits of major Chinese furniture-making enterprises stood at 34.42 billion yuan (4.88 billion U.S. dollars), up 3.8 percent year on year, according to the National Bureau of Statistics.

The combined operating revenue of these firms was down 6.2 percent from a year ago to 610.75 billion yuan, the data shows.

China is the world's largest furniture manufacturer and exporter, with its total export value of furniture hitting 75.14 billion U.S. dollars last year, according to the China National Furniture Association.

Scan the QR code and push it to your mobile phone

Keyword: furniture

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial