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China Economic Update

2018 Q4 highlights:

China’s economic growth edged down in Q4 2018 year-on-year due to weak investment and faltering consumer confidence, which led to the weakest annual growth in 2018 within the past 28 years; GDP in Q4 2018 grew 6.4… more

SPF trial partner confirms order for second quarter

A Chinese manufacturer located in southern China’s Guangdong province that used Canadian softwood for a trial confirmed another order of 2,000 cubic metres of SPF in Q1 2019.
Before this, the manufacturer, purchased 3,000 cubic metres… more

China approves master plan for Xiongan New Area

China’s central authorities approved the 2018-2035 master plan for Xiongan New Area in early January 2019, stressing it’s a significant step in developing a high-quality city with a modern economic system, according to Xinhua… more

Canada Wood partners with Canada Pavilion at CIIE

Canada Wood China presented in Canadian Pavilion in the first China International Import Expo (CIIE) held in Shanghai from November 5 to 10, 2018.
The CIIE is an echo to President Xi’s announcement at the Belt and Road Forum in May… more

WFC projects awarded in tourism and healthcare

A total of 67 outstanding wood frame construction projects from 35 companies in the tourism and healthcare industries were awarded at the Sino-Canada Wood Conference in Beijing on December 12, 2018.
Organized by Canada Wood China, the… more

Who will benefit from the American timber tariff?

China announced a 25% tariff on U.S. imports, on a value of $16 billion from August 23rd. The taxed products include $1.83 billion of wood products and logs.
A large range of wood products are listed in the tariff list, including oak… more

China Economic Update

China to Reduce Wood Import Tariffs November 1
2018 Q3 highlights:

China’s GDP hit the lowest growth in September (6.5%) since the first quarter of 2009 during the global financial crisis and missed market consensus of 6.6%.i
China… more

CanadaWood.cn Gets Facelift!

Canada Wood China is pleased to announce the official launch of its new website – www.canadawood.cn. We are certain the new website will provide the most relevant, informative and inspiring browsing experience for developers,… more

Market Research of Wood Frame Construction in 2018 Q2

To better understand the wood frame construction market in China, Canada Wood China has started a quarterly market survey in 2018, aiming to track wood construction project starts, project types and construction floor areas.
1. The… more

Boat Shaped Resort Attracts Attention

Canada Wood China held a seminar focusing on wood-frame villas in resort sector in Dongyang, Zhejiang Province on September 11.
The seminar attracted nearly a hundred participants including professionals from the industry, investors, and… more

Prefab hybrid building wins international award

The Yantong Demo Project in Changzhou jointly built by Canada Wood China and Shanghai Matechstone Co. has won the “International Cooperation of Shanghai Prefabrication Technology” award at the Shanghai Prefabrication Innovation Forum… more

China Economic Update

2018 Q2 highlights:

China has posted its Q2 GDP growth of 6.7%, slightly lower than 6.8 percent in Q1 of 2018. Tighter financial conditions (such as authorities continue to demolish on shadow banking and back up financial deleveraging)… more