As the domestic epidemic was brought under control, the 2021 economy resumed its upward course. The gross domestic product for the first half of the year was 532167 billion yuan, up 12.7 percent year on year, according to preliminary calculations by the National Bureau of Statistics of the People’s Republic of China

As the domestic epidemic was brought under control, the 2021 economy resumed its upward course. The gross domestic product for the first half of the year was 532167 billion yuan, up 12.7 percent year on year, according to preliminary calculations by the National Bureau of Statistics of the People’s Republic of China. On the whole, China’s economy has developed in an orderly and stable manner, and the economy has shown a steady recovery.

The demand of the furniture industry gets released as the market warms up. Retail sales of consumer goods totaled 211904 billion yuan from January to June, up 23.0 percent from a year earlier, including 78.1 billion yuan in furniture, up 30 percent from a year earlier, according to the National Bureau of Statistics of the People’s Republic of China. Companies in the furniture manufacturing sector and above posted revenue of 364.08 billion yuan in 2021, up 30.21 percent year on year.

Overseas exports also continued to recover. According to the National Bureau of Statistics of the People’s Republic of China, the value of furniture manufacturing exports from January to May was 70.4 billion yuan, up 32.90 percent year on year. According to 2021, the value of China’s furniture and parts exports in the first half was 226.4 billion yuan, up 44.50 percent year on year.