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Annual output value of forestry-grassland industry exceeds 10 trillion yuan

China

China

China

Annual output value of forestry-grassland industry exceeds 10 trillion yuan

2025-10-13 13:25 Last Updated At:16:27

China has consolidated its status as the world's largest trader, producer and consumer of major forest products with total output value of its forestry and grassland industry exceeding 10 trillion yuan (about 1.41 trillion U.S. dollars), according to the National Forestry and Grassland Administration.

As China's reform of the collective forest tenure system advances steadily, various regions have introduced multiple measures to further revitalize forest resources.

Fujian Province in east China, which leads in the country in forest coverage, has piloted reforms focused on "benefits for multiple parties, diversified operations, and multi-level services" to improve productivity.

By coordinating effective market forces and proactive government action, the output value of Fujian's forestry industry totaled 812.1 billion yuan (about 114.2 billion U.S. dollars) in 2024, ranking the first in the country.

During its forestry reforms, southwest China's Chongqing Municipality has prioritized green finance as a key approach, channeling financial resources into forestry industry development.

Since the beginning of 2025, 11.2 billion yuan (about 1.56 billion U.S. dollars) in outstanding forest tenure mortgage loans have been deployed to support the forestry sector.

"What is noteworthy particularly is that specialized forestry bank branches have been established in some of our subdistricts, enabling forestry financial products to better drive industrial development. This helps the industry build up its foundation and gain fresh vitality, generates income for people, and allows enterprises to develop flexibly," said Jiang Chengmin, deputy director of Chongqing Forestry Bureau.

In east China's Zhejiang Province, collective forest land constitutes over 95 percent of total forest area.

In 2024, Zhejiang pioneered a pilot program to establish shared forestry service centers. By integrating resources and providing professional technical services, these centers address challenges in resource utilization, technology application, and service coverage previously caused by fragmented operations.

"Various localities have developed tailored supporting measures for the separation of collective forestland ownership, contract, and management rights, forest resource management, forestry-grassland industry development, and forestry financial services. These efforts aim to expand, strengthen, and optimize the forestry-grassland industry, whose annual output value has now exceeded 10 trillion yuan," said Wu Baihai, deputy director of the department of reform and development under the National Forestry and Grassland Administration.

Annual output value of forestry-grassland industry exceeds 10 trillion yuan

Annual output value of forestry-grassland industry exceeds 10 trillion yuan

Annual output value of forestry-grassland industry exceeds 10 trillion yuan

Annual output value of forestry-grassland industry exceeds 10 trillion yuan

Russia said on Thursday that its forces had continued to strike besieged Ukrainian troops in Krasnoarmeysk (known as Pokrovsk in Ukraine) in the Donetsk region, while the Ukrainian side said it had repelled Russian attacks.

Russia's Defense Ministry said that Russian troops had captured 64 buildings in Krasnoarmeysk over the past 24 hours, repelled over 10 Ukrainian attacks and hit Ukrainian targets, including drone storage and launch facilities, temporary deployment areas for Ukrainian armed formations and foreign mercenaries, in 149 areas.

The ministry said Russia's air defense systems intercepted two guided aerial bombs and shot down 261 fixed-wing drones over 24 hours and destroyed Ukrainian armored combat vehicles, artillery pieces, and ammunition depots.

The General Staff of the Ukrainian Armed Forces reported that by 8:00 on Thursday, Ukrainian forces had launched offensives against two concentrations of Russian personnel, weapons, and military equipment, repelled over 100 attacks by Russian troops in Pokrovsk and in other areas, and reinforced military units defending the city.

Ukraine also said its forces carried out a strike on a drone storage, assembly, and launch site in Donetsk airport area on Wednesday and hit Russia's Volgograd oil refinery.

Russia claims strikes against besieged Ukrainian forces, Ukraine reports repelled attacks

Russia claims strikes against besieged Ukrainian forces, Ukraine reports repelled attacks

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