This Month’s Highlights
- Low-carbon special economic zone to be built in Xiong’an, China
- CW China teams with furniture association to increase market influence
- China Economic Update
- CLT House received both Super-E® certification and design award
- Three segments into one, a new design concept of the Yeomchi Residence attracting homeowners
- BC Ministers Commemorate the Successful Certification of Super-E® Houses at Gapyeong Canada Village in a Super-E® Plaque Unveiling Ceremony
- Gapyeong Canada Village Project Showcases the Collaboration between BC and Gyeonggi Province in the Area of Wood Products and Energy-Efficient Low-Carbon Construction Technology
- Lumber Shipments
- Housing Construction
- Economy Update
Low-carbon special economic zone to be built in Xiong’an, China
The Chinese government has announced in April the location of a special economic zone (SEZ) that will effectively serve as an extension of Beijing.
The Central Committee of the Communist Party of China and the State Council, China’s Cabinet, jointly announced Xiong’an New Area will be established in Hebei Province.
The 100 sq km (38.6 sq mile) zone is expected to eventually expand to 2,000 sq km – nearly three times the size of New York City. It’s a key component of a “mega-region” developing around Beijing, Tianjin and Hebei.
President Xi Jinping said Xiong’an – home to one of China’s biggest wetlands – would be developed to world class standards with a focus on ecological protection and well-being. Read more
CW China teams with furniture association to increase market influence
Canada Wood China has signed a MOU with United Furniture Association (UFA) in Dongguan City to further cooperation in the Chinese furniture industry.
The MOU ceremony was a part of a seminar held by the two parties on wood applications in the furniture industry on March 27th. More than 50 people including buyers, furniture designers and wood suppliers attended the event. Canadian experts Brian Leslie was invited as keynote speaker to introduce Canadian lumber. Read more
China Economic Update
2018 Q1 highlights:
- Based on the report issued by the official statistics bureau on April 17th, China’s GDP growth increased 6.8% in the first quarter which exceeded the previous expectation (6.7%); real estate investment is expected to go slower because China intends to restrain excessive speculation in this sector;i
- The industrial output growth in March 2018 slowed down to 6% year-on-year compared to the 7.2% from January to February period which showed the strengthen policy to reduce environmental pollution from industry; retail sales are estimated to have rose 9.7% in March which match readings in the first two months, meanwhile industrial production increased 6.4%, made a slower pace compared from January and February; fixed asset investment grew slowly to 7.5% year-on-year from January to March 2018, decreased from 7.9% in January and February this year. Above-mentioned indicators are combined for the first two months of the year because of the annual holiday in China.ii
Five-storey Office Building in Kyoto
An attractively designed wooden office building was one of eight projects recently selected and received recognition last month for “COFI Midrise Wood Building Design Award”. Not only is the project unique that it is 5-storey 2×4 building, but it is also a great example of potentially a new market for platform frame construction in this country. The first floor consists of a reinforced concrete podium on which the 4-platform frame construction upper floors sit, built with 2×4 fireproof approvals that COFI and the Japan 2×4 Home Builders Association received from Japan’s Ministry of Land, Infrastructure and Transport. Read more
NLT WG Upgraded to a Technical Committee
In fiscal 2017, the Japan 2×4 Home Builders Association conducted the char margin fire tests under the Nail Laminated Timber (NLT) Working Group. With increasing interest in the market potential of NLT, the Association decided that the Working Group be upgraded to an NLT Technical Committee in fiscal 2018. The number of committee members are anticipated to increase from 8 to 15. This increased emphasis is an indication that the Association foresees NLT as more reasonable and efficient structural element than other wood-based diaphragms such as CLT. The committee will be chaired by Dr. Masahiro Inayama, a professor and an architect, The University of Tokyo. Read more
CLT House received both Super-E® certification and design award
The CLT House, which was certified as the second official Super-E® House in Korea, received the grand prize in the Completed Work Category of the 2017 Korea Wood Design Awards.
The second Super-E® House was the first in Korea to apply CLT and since winning the grand prize at the Korea Wood Design Awards, more attention has been focused on the Super-E® House and CLT through articles and issues covered by a number of media outlets.
Mr. Gap-bong Kim, CEO of Stuga Wood Construction, who constructed Korea’s first CLT house participated in the first Advanced Technology Construction Training in Canada conducted in 2005 hosted by Canada Wood and became the leader of KWCA’s Super-E® Task Force Team. Read more
Three segments into one, a new design concept of the Yeomchi Residence attracting homeowners
Many architects who participated in the Advanced Technology Construction Training programs in Canada and missions hosted by Canada Wood Korea returned to Korea after exploring wood construction sites and buildings in Canada. They are now actively engaging in wood construction designs in Korea.
Mr. Nam-ho Cho, CEO of Soltos Architects, is one of such architects. He is one of the most well- known wood champions in Korea who even received the presidential design award.
The Yeomchi Residence that Mr. Cho recently designed is a combination of small detached buildings divided into three segments and each segment has different function and can be combined into a one single house as well. In addition, the yard that surrounds these structures open up to the Yeomchi Reservoir to create a visually vast outer space. Read more
BC Ministers Commemorate the Successful Certification of Super-E® Houses at Gapyeong Canada Village in a Super-E® Plaque Unveiling Ceremony
Bruce Ralston, Minister of Jobs, Trade and Technology, and George Chow, Minister of State for Trade, unveiled Super-E® plaque in a visit to Gapyeong Canada Village to recognize and to commemorate the successful completion and certification of Super-E® House and Super-E® Net-Zero House on January 26, 2018. The two ministers were visiting Korea with BC’s Premier John Horgan on a 10 day trade mission to Korea, China and Japan aimed at expanding the BC’s economic ties.
The two certified Super-E® Houses at the Village mark the 3rd and 4th Super-E® Houses and the first one by a crown corporation GICO, who are developing the largest wood frame housing complex in Korea in joint venture with a private sector partner Dreamsite Korea (DSK). Read more
Gapyeong Canada Village Project Showcases the Collaboration between BC and Gyeonggi Province in the Area of Wood Products and Energy-Efficient Low-Carbon Construction Technology
The Premier of BC, John Hogan and the Governor of Gyeonggi Province, Kyung-pil Nam have signed a renewed three-year economic action plan agreement to mark the ten-year anniversary of sister province relationship and to enhance cooperation between the two provinces in 6 areas.
The one of the 6 areas included in the Plan is the cooperation in wood products and efficient use of energy and low-carbon construction area. Other areas include digital media, information and communications technology/wireless technology, agrifoods and tourism. Read more
BC softwood lumber export volume to South Korea for the first two months of 2018 decreased 38.6% to 24,430 cubic meters as compared to 39,784 cubic meters for the same period of 2017.
This significant downward trajectory comes from many reasons including weakened BC Coastal shipments in the first quarter of 2018 (36% decrease) and decreased housing starts in the South Korean residential construction segment forced by the South Korean government’s strong intervention to limit the supply of new homes from August 2016 to check rise in household debts and curb rising house prices. Read more
Due to the ongoing government intervention to curb rising house prices and cool down the overheated housing market, South Korea’s housing starts in number of buildings for the first two months of 2018 significantly decreased 36.4% to 9,132 buildings while that in number of units decreased 20.8% to 49,778 units. Housing permits in number of buildings and units for the same period of 2018 also decreased 20.2% and 9.4% respectively to 13,278 buildings and 81,092 units from a year earlier 16,634 buildings and 89,480 units. Read more
South Korea’s Gross Domestic Product increased 1.1% on-quarter in the first quarter of 2018 (2.8% increase from the first quarter of 2017), turning around from a 0.2% drop three months earlier thanks to increased investment and exports.
Construction investment and facility investments grew 2.8% and 5.2% in the first quarter of 2018 respectively from the previous quarter.
Exports advanced 4.4% in the first quarter of 2018 from the previous quarter, while import increased 5.5%. Trade surplus reached US$13.7 billion in the first quarter. Read more