exports are facing an inflection point

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xiao1236

Age: 2023
Total Posts: 7017
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said that the argument that furniture exports are facing an inflection point is appalling, but the furniture industry has indeed entered the low-to-middle development stage from the high-speed development stage. It should be said that the furniture industry has entered the shift period.During the ten years from 2001 to 2010, the growth rate of the furniture industry remained at around 30%, and the industry developed rapidly. Since 2006, China has surpassed Italy and has become the world’s first exporter. In the first half of this year,
the main business income of 4,859 enterprises above designated size was 328.2 billion yuan, an increase of only 12.87%, and the output increased by 4.30%, but the profit increased by 17.32%. This shows that the industry has changed from the quantitative growth to the qualitative improvement.
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Posted 22 Jun 2018

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