Production decreases in furniture industry
Updated: 2013-02-08 13:57
(China Daily)
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China's furniture industry saw production drop 2.4 percent year-on-year in 2012, compared with a 2.6 percent decline in the previous year, the Ministry of Industry and Information Technology said on Thursday.
Turnover in the industry rose 13.8 percent year-on-year, compared with a 1.1 percent decrease the previous year. Profits increased 19.4 percent year-on-year in 2012, compared with 45.1 percent growth in the previous year, the ministry said.
Exports of wood furniture rose 8.8 percent year-on-year, compared with 10.2 percent growth the previous year. Metal furniture saw exports edge up 0.8 percent year-on-year while plastic furniture saw exports increase 17 percent year-on-year, compared with 21.5 percent growth in the previous year.
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