China: Furniture sector experiences steady growth in Q1 2021

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According to data from China’s Ministry of Industry and Information Technology, China’s furniture sector experienced steady growth in Q1 2021.

During this period, the industry’s operating revenue increased 39.9% year-on-year to 163.71 billion yuan (about US$25.31 billion), and the combined profits reached 6.73 billion yuan, up 72.6% from the previous year.

A total of 245.68 million furniture items were produced, up 40% year-on-year.

Source: Xinhua