In November 2016, the retail value of China's furniture retail products was 26.34 billion yuan, and the accumulated retail sales in January-November were 247.86 billion yuan, an increase of 8.8% year-on-year and a cumulative increase of 13%.
The following is the retail statistics of China's furniture products from December 2015 to November 2016:
According to the Prospective Industry Research Institute's "China Furniture Industry Market Demand Forecast and Investment Analysis Report", from January to October 2016, the national furniture industry above designated enterprises completed the main business income of 674.231 billion yuan, an increase of 8%. This growth rate is higher than the 6.7% GDP growth rate in the first three quarters of the country, and higher than the overall growth rate of 6.6% in the light industry. The overall development of the furniture industry remains stable.
From January to October, the furniture industry completed a total export value of 39.677 billion US dollars, a year-on-year decrease of 9.96%. The export volume was about 2.414 billion pieces, an increase of 1.86% year-on-year.
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