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          Large timber market planned for Qiandongnan        from a ‘major timber resource prefecture’ to a ‘strong timber
          Prefecture                                         industry prefecture’.
          The administration in Qiandongnan Prefecture plans to invest   The project will also drive the development of supporting
          RMB1 billion to launch the Qiandongnan Timber Market   service industries such as logistics, finance, e-commerce and

          Construction Project further promoting the transformation of   packaging in the surrounding areas becoming a new engine
          the prefecture's forest resource advantages into  industrial   for regional economic growth and an important support for
          advantages through extending the industrial chain and increasing   rural revitalisation.
          the added value of products.                          Qiandongnan Miao and Dong Autonomous Prefecture
            It has  been  reported  that  the  project  covers  an  area  of   (referred to as Qiandongnan Prefecture) is an autonomous
          more than 33 hectares and is planned to build three core   prefecture under the jurisdiction of Guizhou Province.
          sections: a wood processing zone, a trade logistics centre,   It is located in the southeast of Guizhou Province. It has a
          and a science and technology innovation centre.    total area of 30,282 square kilometres and governs 1 county-
            The  facility  will  create  a  modern  wood  industry  cluster   level city and 15 counties.

          integrating production, processing, sales and research &   By the end of 2023, its permanent resident population was
          development and help Qiandongnan Prefecture become an   3.76 million, with ethnic minorities accounting for 82 percent,
          important wood industry cluster in the southwest region of   mainly the Miao and Dong ethnic groups.
          China.                                                In 2024, the regional GDP reached RMB143 billion,
            Data shows that the total volume of timber harvested in   growing by six percent. It is a national-level ethnic cultural
          the entire Prefecture reached 3.51 million cubic metres and   and ecological reserve, renowned as the "Prefecture of Songs
          wood processing enterprises consumed 1.39 million cubic   and Dances" and the "Hometown of a Hundred Festivals" and

          metres of logs in 2024.                            boasts abundant natural and cultural landscapes.
            By the end of 2024 there were a total of 333 wood
          processing enterprises in normal production and operation   Home furnishing industry still has structural growth
          throughout the prefecture.                         opportunities
            The industrial output value of large-scale wood processing   Regarding the future development prospects of the home
          enterprises in the entire Prefecture reached RMB1.685 billion   furnishing industry the  market for  home  furnishings  is  huge
          in 2024, becoming an important support for local economic   but the contribution of leading brands is not high.
          development.                                          There are still structural growth opportunities and enterprises
            After the completion of the Qiandongnan Timber Market

          Construction Project it is expected that the annual wood                                            iStock
          processing capacity will reach 1 million cubic metres, the
          annual transaction value will exceed RMB5 billion and it will
          directly create more than 3,000 jobs.
            Through the development of enterprises in the upstream
          and downstream secors an integrated pattern of raw material
          supply, production and processing, trade circulation, scientific

          research & development and display and sales will be formed
          promoting the transformation of Qiandongnan Prefecture
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