GUIGANG, China, Oct 30 (Bernama-AsiaNet) — Recently, at the platform of the 22nd China-ASEAN Expo, the Government of Gangnan District, Guigang City, Guangxi successfully signed a cooperation agreement with Shandong Jinyuan Wood Industry Co., Ltd. It is planned to construct a production line and supporting facilities with an annual output of 40 million impregnated papers and 12 million decorative panels, and introduce advanced production and testing equipment. After putting into production, the annual revenue is expected to reach approximately 680 million yuan.
This cooperation is an important achievement of Gangnan District in promoting the high-end development of the wood industry cluster. The district enjoys a superior geographical location, adjacent to the ASEAN economic circle, and serves as a strategic gateway to the Southeast Asian market. It is surrounded by abundant forest resources. In recent years, the district has actively seized major opportunities such as the construction of the Western Land-Sea Corridor and the Pinglu Canal, fully leveraging the logistics advantages of Guigang’s inland river hub and the Xijiang Golden Waterway. It has continuously reduced comprehensive costs, expanded the ASEAN market, and promoted the transformation of the wood industry from “wood panel manufacturing” to high-end “customized home furnishing”. At present, Gangnan District has established a complete industrial chain system ranging from veneer production to whole-house customization. In 2024, the output of man-made wood panels in the district exceeded 15 million cubic meters, accounting for approximately one-fourth of Guangxi’s total output.