Woodworking industry

Since 1949, China has completed six national forest resources inventories. According to the result of the sixth forest resources inventory (1999-2003), there is 175 million hectares of forests, 13.618 billion of living trees accumulate, 12.456 billion cubic meters of forests accumulate, and 18.21% of forest coverage which is nearly 10% higher than 8.6% after the founding of new China. The forest area of China ranks the fifth in the world; the forests accumulate ranks the sixth in the world; the area of man-made forests is 53.2573 million hectares and ranks the first in the world.

In 2009, the UNECE region (which includes Europe, North America and the CIS) experienced an 11.6% fall in consumption of wood and paper products, the largest year-on-year drop since the oil crisis of the 1970s. This is a key conclusion of the Forest Products Annual Market Review 2009-2010 jointly published by the UNECE and FAO earlier this month. 
 

SANTIAGO -(Dow Jones)- Increasing demand from China and other emerging Asian markets will drive Chile's forestry industry in coming years, said a panel of industry executives Tuesday.

Chile's forestry sector, which produces wood boards, plywood and pulp, accounts for 8% of global forestry exports. It is also the Andean nation's second-largest exporting industry, just behind mining, and contributes 3% of the country's gross domestic product.

One of the major clouds hanging over British Columbia’s economy and forest products industry is uncertainty about the mountain pine beetle epidemic.

To date, the pine beetle has killed an estimated 50% of the province’s mature lodgepole pine.

In a recent economic analysis that focused on the pine beetle epidemic, Central 1 economist Bryan Yu noted that over the past 90 years there have been four or five major mountain pine beetle infestations.

The Investments in Forest Industry Transformation (IFIT) program was launched today by the Government of Canada.

The $100-million program will help to expand opportunities for Canada’s forestry sector through the development of innovative projects and technologies.

The Honourable Christian Paradis, Minister of Natural Resources, launched the program today in Ottawa and made a call for proposals that could receive IFIT funding.