hotel furniture

China furniture industry has made a remarkable progress as well as the whole industry level. In 2005, the furniture output (including hotel furniture) was 339.9 million pieces, rising 11.41％ compared to 2004; the total production value (at current price) (including hotel furniture) of the furniture manufacturing industry reached RMB 138.904 billion, and the sales revenue amounted to RMB 133.706 million, each up 27.40％ and 27.43％ over the same period of 2004. In 2006, the furniture industry still enjoyed a boom in production and sales, and the finished-product output, sales revenue and profit all experienced a dramatic increase. In the first quarter of 2006, the production value of China furniture manufacturing industry amounted to RMB 37.992 billion, increased by 31.78％ over 1Q 2005; the sales revenue amounted to RMB 36.538 billion, increased by 29.03％ over 1Q 2005; and the profit reached RMB 2.329 billion, increased by 25.15％ over 1Q 2005. As the whole industry develops, the international competitiveness of Chinas furniture industry improved dramatically, and China has now become the powerful nation for the export and production of solid wood furniture. In 2005, China’s furniture export value (including hotel furniture) reached USD 13.767 billion, a year-on-year growth of 32.98％, which ensured China to be the largest furniture export country over Italy in total amount.