Moscow. Sep 21, 2010. /Lesprom Network/. The total output value of the forest industry in Guangdong Province, China, reached RMB118 billion ($17.6 billion) in the first half of 2010 showing a 7.8% increase over the same period last year. Of the total, furniture sales were valued at RMB88 billion ($13 billion), up 23% compared to last year and the value of furniture exports stood at $6144 million, 39% more than in the first half of 2009, ITTO reported.

The forest product industry in Guangdong was hard hit by the international economic crisis in 2008-2009 but started to recover in 2009. The forest industry output value in this province was estimated at RMB220 billion ($32.7 billion) in 2009, ranking first in the country. In the first half of 2010, the value of furniture exports from Guangdong reached $6.1 million, accounting for 39% of the national total.

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