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Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
BEIJING, Oct. 26 (Xinhua) — China's forestry and grassland industries have formed four sectors with output values of over 1 trillion yuan (about 141 billion U.S. dollars) each, according to a report submitted to the 18th session of the Standing Committee of the 14th National People's Congress (NPC) on Sunday.
The total output value of the forestry and grassland sector in 2024 was 10.5 trillion yuan, formed by four key industries: wood processing, industrial forest plantations, forest tourism and underwood, with the output value of each of these industries exceeding 1 trillion yuan, the report said.
Despite this progress, the report notes that the industry's fundamentals remain weak, with limited resource use and relatively low returns per unit area.
The report calls for the creation of a modern forestry and steppe management system encompassing product development and marketing, ecotourism, forest health improvement, environmental education, and other related services.
In terms of policy support, the report called for increased central investment in infrastructure and industrial base construction in forested areas, as well as greater use of green finance instruments to expand credit support for the sector. -0-
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