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​China's paper-making industry assets exceed 1.46 trillion yuan

2019-02-23 17:21

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The total assets of China's paper-making industry in 2017 exceeded 1.46 trillion yuan (about 217.4 billion U.S. dollars), according to a report issued on Friday.

The report was jointly issued by the China Paper Association and the China Technical Association of Paper Industry.

The revenue from the industry's main sectors reached 1.48 trillion yuan in 2017, with the profit adding up to 101.6 billion yuan, the report said.

It also noted that China consumed nearly 108.8 million tonnes of paper products in 2017, accounting for about a quarter of the world's total consumption.
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