China: Output value of national forest industry

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ITTO/Fordaq
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According to a statement at a recent national conference the output value of China’s national forest industry in 2022 totalled RMB8.04 trillion (US$1.17 trillion). The country is now among the world's leading players in terms of the scale and growth rate of its forestry industry.

China has continuously expanded the range of its forest products. At present there are over 10,000 different kinds of wood and bamboo products available across the country. China has meanwhile planted over 6.67 million hectares of bamboo. With an annual output value approaching RMB320 billion, the country's bamboo sector has helped over 15 million people working in the industry to earn annual per capita income of more than RMB10,000.

Over the past 10 years China has planted 40 million hectares of commercial forests with the output value of commercial forestry products surpassing RMB2.2 trillion, more than twice that of a decade ago.

China has pursued the high-quality development of its forest. The annual output value of the three major subsectors of the forest industry, wood and bamboo, commercial forest products and forest-related tourism has come to exceed over RMB1 trillion.

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