CHINA BECOMES GLOBAL FURNITURE MANUFACTURING CENTER

AsiaInfo Services

05-22-2003

China Becomes Global Furniture Manufacturing Center

BEIJING, May 22, 2003 (SinoCast via COMTEX) -- In 2002, China's total furniture output value arrived at USD 20 billion, an equivalent of RMB 165 billion, accounting for 10% of the world's total furniture output value. In the past five years, China's furniture export has grown at an annual rate of over 30%. The big furniture demanding countries in the world have flocked into China to purchase furniture. According to the statistics from Europe, in 2002, China exported furniture of