Welcome To chinapaperonline.com![Login] ,[Register],[Change Passwrod]
Business Center|中文网站
Rolling news:

Policy and Regulations

Policy and Regulations

Ad Center


Better Performance In Production & Revenue
2021-07-11 08:40chinapaperonline.com
The latest information from China National Statistics Bureau (CNSB) showed that China's machine-made paper and paperboard production in the first five months of 2021 exceeded 55.57 million/mt, up +19.0% from the corresponding period of 2020. In May alone, the industry produced more than 11.61 million/mt, growing +2.28% from April and +6.7% from 12 months ago. The period not only enabled the country's paper and board industry in general, including the industrial packaging paperboard such as linerboard, medium and carton board, to gear up production under the recovery of the national economy, but also gave newsprint in particular – a product that is fast sidelining – a shot in the arm with refreshed demand from more social and political events. From January to May, China's newsprint output rose to nearly 430,000/mt, edging up +0.2% from the same period of 2020 and becoming positive for the first time in 3 years.

Though at easing growth rates, industry revenue in the five months was still able to reach RMB586.6 billion, rising +27.3% from that of the previous year and net earnings spiraling +84.2% to RMB44.14 billion. By end-May, the number of paper production and converting entities with individual annual revenue over RMB20 million grew to 6,724, while the number of negative performers falling -18.5% to 1,762 at the same time.

Member Login