In 2015, the policies that favored real estate were frequent: on February 5, the People's Bank of China decided to universally reduce the deposit reserve ratio of financial institutions and implement targeted directional cuts; on March 1, the central bank cut interest rates for the first time during the year by 0.25 Percentage points cut the benchmark interest rate for RMB loans and deposits in financial institutions; on March 5th, Li Keqiang stated in the government work report that it supports residents’ autonomy and improves housing demand; on March 25, the two ministries issued notices to promote the healthy and stable development of real estate; on March 30th, Mortgage New Deal announced that the proportion of down payment for the second suite can be as low as 40%; on March 30, the exemption period for the exemption of business tax for housing transfer was changed to 5; on April 20, the Central People's Bank reduced again; on April 30, the Politburo meeting proposed the establishment of The long-term mechanism for the healthy development of real estate; on May 11, the central bank lowered the benchmark interest rate for deposits and loans by 0.25 percentage points; on June 1, the Beijing housing provident fund relaxed the loan requirements; on June 24, the commercial bank deposits and loans were canceled than the red line, and the difficulty of the loan was reduced. On June 28th, the central bank announced a 0.25 percentage point cut in interest rates, a 0.5 percentage point reduction, and some Other positive policies have also been confirmed in the sales of commercial housing. From January to June 2015, China’s Real estate sales area of ​​502,636,400 square meters, an increase of 3.9%, is getting warmer.
The recovery of commercial housing sales also contributed to the recovery of the wood flooring industry in China. According to the "Analysis Report on Production and Sales Demand and Investment Forecast of China's Wood Flooring Manufacturing Industry 2015-2020" released by the Industry Research Institute of Forward Looking Industry, China's floor production and sales volume has been declining year by year from 2010 to 2012, falling from 3.9 million square meters in 2010 to 2012. In 377 million square meters, in 2013, floor production and sales stopped falling, reaching 400 million square meters, an increase of 6.10% year-on-year; in 2014, floor production and sales once again fell to 388 million square meters.
According to the inaccurate statistics of the China Forest Products Industry Association on floor enterprises in China with a certain scale, in 2014, China’s floor production and sales volume was approximately 388 million m2, which was a decrease of approximately 3.0% year-on-year. Among them, about 200 million m2 of reinforced wooden flooring, down 8.88% year-on-year; about 96.5 million m2 of solid wood flooring, an increase of 2.01%; solid wood flooring about 40.3 million m2, down 5.18%; bamboo flooring production and sales in 2014 35.35 million m2, year-on-year The increase was 1.00%, of which the sales of heavy bamboo flooring grew faster; the other floors were approximately 3.75 million m2.
From the perspective of different types of wood flooring, laminate flooring and solid wood flooring are more affected by the sales area of ​​commercial housing. In 2014, sales decreased by 8.88% and 5.18%, respectively. It is expected that with the recovery of commercial housing sales in China, production and sales of wood flooring in China are expected to rebound in 2014, an increase of about 8% over last year.
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