USEUROPEAFRICAASIA 中文双语Français
Home / Business

Realty slowdown proves fillip for associated sectors

By Zheng Xin | China Daily | Updated: 2015-07-30 08:39

The slowdown in real estate sales will help the country's furniture sector and other building products producers raise their environmental standards, and weed out weak industry players, according to a leading industry body.

China's real estate market has begun to feel the pinch after booming in the past years, causing concerns for many sectors, including construction and building materials.

But Zhu Changling, president of the China National Furniture Association, insisted the slowdown has already led to what he called an industry reshuffle that has been beneficial to the "most-innovative players with vision".

Realty slowdown proves fillip for associated sectors

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US