China: National Bureau of Statistics releases 5 important statistics about furniture industry

The most relevant to the furniture industry is non-real estate.

I.

 

From January to February, the area of commercial housing sales nationwide fell by 39.9%, and sales fell by 35.9%.


From January to February, the floor space of commercial buildings sold was 84.75 million square meters, a year-on-year decrease of 39.9%. Among them, the sales area of residential buildings decreased by 39.2%, the sales area of office buildings decreased by 48.4%, and the sales area of commercial buildings fell by 46.0%.

 

Sales of commercial housing were 820.3 billion yuan, a decrease of 35.9%. Among them, the sales of residential buildings decreased by 34.7%, the sales of office buildings decreased by 40.6%, and the sales of commercial buildings fell by 46.0%.

 

 

II.

 

From January to February, national real estate development investment fell by 16.3% year-on-year

 

 

From January to February, the investment in real estate development nationwide was 1,011.5 billion yuan, a year-on-year decrease of 16.3%. Among them, residential investment was 731.8 billion yuan, a decrease of 16.0%.

 

 

 

Among them, the investment in real estate development in the eastern region was 630.8 billion yuan, a year-on-year decrease of 12.5%; the investment in the central region was 173.1 billion yuan, a decrease of 25.9%; the investment in the western region was 195.3 billion yuan, a decrease of 18.6%; and the investment in the northeast region was 12.3 billion yuan, a decrease of 16.1%.

 

 

Real estate development prosperity index: 97.39.

 

 

III.

 

The manufacturing PMI in February was 35.7%, a sharp drop from the previous month

 

In February 2020, China's purchasing manager index was greatly affected by the new crown pneumonia epidemic. The manufacturing PMI was 35.7%, a decrease of 14.3 percentage points from the previous month.

 



From the perspective of enterprise scale, the PMIs of large, medium and small enterprises were 36.3%, 35.5% and 34.1%, down 14.1, 14.6 and 14.5 percentage points from the previous month.

 

The production index was 27.8%, a decrease of 23.5 percentage points from the previous month, indicating a slowdown in manufacturing production activities. The new orders index was 29.3%, a decrease of 22.1 percentage points from the previous month, indicating that the demand for the manufacturing market fell.

 

The raw material inventory index was 33.9%, a decrease of 13.2 percentage points from the previous month, indicating that the inventory of major raw materials in the manufacturing industry had decreased. The employment index was 31.8%, a decrease of 15.7 percentage points from the previous month, indicating that the employment level of manufacturing enterprises has decreased. The supplier delivery time index was 32.1%, a decrease of 17.8 percentage points from the previous month, indicating that the delivery time of manufacturing raw material suppliers was slower than last month.

 

Import and export pressures in manufacturing increased. The new export order index and import index were 28.7% and 31.9%, down 20.0 and 17.1 percentage points from the previous month.

 

IV.

 

Total retail value of furniture was 14.2 billion yuan, a year-on-year decrease of 33.5%

 

From January to February, the total retail sales of social consumer goods was 5,213 billion yuan, a nominal decrease of 20.5% year-on-year (after deducting price factors, the actual decrease was 23.7%, the following are nominal growth unless otherwise specified).

 

 

Among them, the total retail sales of furniture was 14.2 billion yuan, a year-on-year decrease of 33.5%; the construction and decoration materials category was 15.2 billion yuan, a year-on-year decrease of 30.5%.

 

V.

 

National building materials and home furnishings sales in February fell by over 90%

 

The National Building Materials Home Prosperity Index (BHI) released by the Ministry of Commerce's Department of Circulation Industry Development and the China Building Material Circulation Association shows that the national building materials home prosperity index (BHI) in February 2020 was 42.28, a 36.34 point decrease month-on-month and a 35.11 point decrease year-on-year The lowest value over the same period of each year.

 

In February, the sales of building materials and home furnishing stores above the national scale were 385 million yuan, a 99.36% month-on-month decrease and a 99.19% year-on-year decrease.

 

VI.

 

The resumption rate of the domestic building materials market above designated size reached 85%

 

 

According to surveys conducted in conjunction with China Building Materials Market Association, China Ceramics Household Network and other units, as of the end of 2019, the total area of the building materials and household furniture market with a size of more than 40,000 square meters nationwide was about 20791 thousand square meters, and the number was about 5,000.

 

 

 

By March 8, the opening rate of the domestic building materials market above designated size was only about 70%, and the overall average opening rate of resident shops was about 50%. As of March 11, the resumption rate of the domestic building materials market above designated size has reached 85%. , The opening rate of resident shops has increased.

 

 

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