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30 FOCUS SEP/OCT 2024 FDM ASIA | www.fdmasia.com

Old Farmer's Almanac put into operation nationwide, creating additional production
capacity of 7.6 million cubic metres per year.
China now has 311 particleboard production enterprises and
332 particleboard production lines. A further 43 particleboard

production lines are under construction in the country.
In contrast, the plywood industry shows a decline in
the number of enterprises and total production capacity.
In the first half of 2024, there were a total of around 6,900
plywood manufacturers in China, distributed in 27 provinces
and municipalities, about 500 fewer than the end of 2023.
The fibreboard industry has also shown further contraction in
Revised ‘green’ standards on furniture the number of enterprises, production lines and total capacity,
Two ‘green’ standards on furniture, the ‘Green Product and its production and sales have gradually become balanced.

Evaluation Standard for Furniture’ and the ‘Green Design and In the first half of 2024, two fibreboard production lines
Evaluation Standards for Furniture’, have been revised and (including one continuous flat pressing line) will be built and
released by the State Administration for Market Regulation put into operation, adding 420,000 cubic metres of capacity
(State Standards Committee). per year. China now has 264 fibreboard production enterprises
The Green Product Evaluation Standard for Furniture and 292 fibreboard production lines.
stipulates the evaluation requirements of furniture products,
and the revision refines the relevant indicators for ‘energy’ `Wood Loan’ supports Guangxi forestry industry

and ‘low carbon’, optimising the requirements of resources, With its forestry sector facing difficulties raising finance, high
environment and quality attributes. borrowing costs and slow payments, the government of Laibin
The Green Design and Evaluation Standards for Furniture city in Guangxi Zhuang Autonomous Region worked with the
clarify the terms and definitions of furniture green design, and local financial supervision bureau to launch the ‘Laibin Wood
specify the evaluation objectives, principles and requirements. Loan’ in 2021.
The revision focuses on the greening of the design stage Recently, Shilong town in Xiangzhou County of the Guangxi
and introduces requirements for full life cycle evaluation, Zhuang Autonomous Region also implemented a wood loan
from selection of raw materials, production, sales, and use, scheme, thereby greatly reducing companies’ financing costs.
to recycling at end-of-life. The 'Laibin Wood Loan’ has been taken up by more than

1,400 wood processing enterprises in the city, and also extends
China’s particleboard production continues to rise to forest planting, furniture production, integration of forest
Wood-based panel industry data from the Industrial Development pulp and paper and other related industry enterprises. It is
Planning Institute under the National Forestry and Grassland the first financial product for both upstream and downstream
Administration shows that in the first half of 2024, China's industry chains of the wood processing industry in the region.
particleboard industry grew further in terms of the number of The number of enterprises in the wood processing industry
enterprises and total production capacity. in Laibin city increased from 54 to 208 at the end of the 13th

In the first half of 2024, 24 particleboard production lines Five-Year Plan, with 40 more established each year.
(including 16 continuous flat pressing lines) were built and Since the implementation of the `Laibin Wood Loan’, the