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China Plans New Export Zone
July 4,
2007 by in UnCategorized
By Home Furnishings Business in on July 2007
China is planning a furniture export industrial zone in Qionglai City of Sichuan Province scheduled for completion in 2010.
Construction of the area is scheduled to begin in January. Manufacturing, research, development and design and marketing and distribution of furniture will be done according to export requirements.
The government expects more than 50 furniture manufacturers to locate in the zone. To be allowed in the zone, furniture companies must have annual output value of just over $6.5 million, have high market share, brand recognition and export capacity.