China's Support Programs For Selected Industries: Wood and Wood Products

摘要

Abundant labor supply and large capital investment has turned China into a major processing center in the global supply chain for wood products. Chinese factories supply IKEA with one-fourth of its global stock. Home Depot similarly sources a significant percentage of its wood products from Chinese suppliers. Today, China is the world's largest exporter of furniture and a number of wood panel products. The dramatic growth of China's wood and wood products industry, both at home and internationally through exports, has created tensions with China's trading partners concerned with the extent of government support provided to Chinese producers. In recent years, two countervailing duty cases have found that segments of the Chinese industry have benefited from government assistance that was countervailable under both Canadian and U.S. law. This report reviews the types of government support that China has provided to its wood and wood products industry, covering assistance to timber companies, pulp and paper producers, and solid wood products companies.