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Economics.
The domestic economy environment:
Regulation of the real estate 1 will change the futurepattern of the furniture industry. Regulation Chinese real estate tremendous impact on Home Furnishing building materials industry, the furniture industry is inevitablyharm. On the one hand, the regulation of real estate,directly resulting in building materials demand; on the other hand, low-income housing has low demand for building materials, a huge space for future. The next five years, China plans to build affordable housing 36000000 sets, with the low-end positioning requirements listed,for the future Home Furnishing building materialsindustry will produce main effect.
High speed growth of 2 Chinese economy. Data since 1998, China's annual GDP growth at around 8%, national disposable income increase, will drive the domestic furniture consumption growth.
Economic environment abroad:
Effects of the economic crisis in europe. The European economic crisis will directly lead to the decline ofEuropean furniture market consumption capacity, will affect the China furniture exporters, also will bring largeinflux of European furniture exporters China market.