China's furniture makers see rising profits in January-October
Xinhua
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BEIJING, Dec. 4 (Xinhua) -- China's major furniture manufacturers reported rising profits in the first 10 months of 2022, despite disruptions caused by the COVID-19 epidemic, official data showed.

(File photo: CGTN)

During the January-October period, total profits of major Chinese furniture-making enterprises stood at 34.42 billion yuan ($4.88 billion), up 3.8 percent year on year, according to the National Bureau of Statistics.

The combined operating revenue of these firms was down 6.2 percent from a year ago to 610.75 billion yuan, the data shows.

China is the world's largest furniture manufacturer and exporter, with its total export value of furniture hitting $75.14 billion last year, according to the China National Furniture Association.