In 2009, under the active macroeconomic policy control of the government, China's papermaking industry on the whole overcame such difficulties as shrinking demand, reduced capacity utilization and augmented product inventories resulted from the financial crisis, and started rising gradually. In 2010, the industry has accelerated the pace of development and seen substantial growth in various economic indicators. The whole industry achieved operating income of RMB361.2 billion and total profit of RMB20.5 billion in the first eight months of 2010, up 31.67% and 58.66% year on year respectively.
Growth of Operating Income and Total Profit of China's Papermaking Industry, 2008-2010
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Source: National Bureau of Statistics of China; ResearchInChina
Overall, China's papermaking industry has experienced the following changes in 2010:
The revenue and industrial sales output value have risen sharply year on year;
The costs have climbed due Packers Hawk Jersey to the rise in the prices of raw materials such as wood pulp;
The packaging paper industry has grown rapidly driven by the growing export demand;
The elimination of backward capacity has been intensified, and 4.65257 million tons Packers Hawk Jersey of capacity was eliminated in August 2010;
The production concentration has increased, and the top 30 papermaking enterprises (by output) are expected to account for more than 40% of
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