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At present, the development of China's mahogany industrial market is not yet mature, not only lacks relevant industry standards and production, but also leads to a lack of rational consumption of mahogany products. This confusion is expected to improve. On June 28, the Redwood Branch of the China Forest Products Industry Association was established in Beijing. This is the first redwood industry industry organization in China that covers the entire industrial chain.
In recent years, the State Forestry Administration encourages the planting and development of precious tree species. This is not only the best entry point and carrier for achieving "win-win" forestry ecological benefits and economic benefits, but also an effective way to promote farmers to increase their incomes and to promote the building of a new socialist countryside. With the increasing demand for precious wood in China, prices such as rosewood increase by 30% to 40% each year.
Industry experts said that at present, China’s precious tree species have a long incubation cycle and are technically complex. They need policy guidance. The establishment of the Redwood Branch will provide policies, standards, and information services for the development of China’s mahogany industry and build bridges between enterprises and government, enterprises, and markets. The link really turns precious resources into industrial advantages and economic advantages, and promotes the healthy, rapid and harmonious development of China's mahogany industry.