Overview of Guangdong furniture export market in the first half of the year

1. Main characteristics of Guangdong port furniture exports in the first half of the year

(1) June exports continued the sharp growth trend in May . Since the beginning of this year, the overall scale of furniture exports at Guangdong ports has gradually expanded. In the month of June , the value of furniture exported from Guangdong ports was US $ 2.79 billion, a significant increase of 81.2% , and a decrease of 4.1% from the previous month .

(2) Exports in general trade have grown significantly, accounting for over 80 %. 2012 January to June, Guangdong ports to the general trade export furniture to $ 10.41 billion, a substantial increase of 48%, accounting for 86.6% of Guangdong's total export value over the same period furniture port (the same below) of. In the same period, exports by processing trade amounted to 1.46 billion US dollars, a year-on-year increase of 3.4% , accounting for 12.1% .

(3) Exports mainly for private enterprises. 2012 January to June, private enterprises exported 8.12 billion US dollars of furniture, an increase of 62.7%, accounting for 67.6% of the country's total furniture exports in Guangdong ports; foreign-invested enterprises exported 2.98 billion US dollars of furniture, an increase of 9.8%, accounting for 24.8%; state-owned enterprises Exports were US $ 740 million, an increase of 5.5% , accounting for 6.1% .

(4) Mainly exported to the US, EU and ASEAN. Guangdong port exported US $ 3.06 billion in furniture to the US, an increase of 28.6% , exports to the EU reached US $ 2.43 billion, an increase of 47.5% , and exports to ASEAN reached US $ 1.87 billion, an increase of 26.3% . The above three markets together accounted for 61.2% of the total value of Guangdong port furniture exports during the same period .

2. The main reason for the growth of Guangdong port furniture exports in the first half of the year

(1) The good momentum of export growth in emerging markets is driving the continued growth of China's furniture exports. The effect of China's furniture companies on the expansion of emerging markets is obvious. Industry insiders say that since the full launch of the China-ASEAN Free Trade Area, ASEAN has become an important market for furniture exports and is a new growth point for furniture exports. There are no technical and trade barriers in the ASEAN market, and the requirements for furniture standards are not high. Compared with Europe and the United States, its export threshold is lower. Due to geographical proximity, transportation costs are lower. Statistics show that since the first half of the year, Guangdong ports exported 1.87 billion US dollars to ASEAN , an increase of 26.3% . In addition, exports to other emerging markets have also grown rapidly. For example, exports to Latin America were US $ 7.92 billion, an increase of 63.8% , exports to Africa were US $ 6.57 billion, an increase of 1.2 times, and exports to Saudi Arabia and the UAE were US $ 3.8 billion and US $ 3.4 billion, respectively, up 73.8% and 64.8% .

(2) The main export market The U.S. real estate market's recent "little spring" has driven rapid export growth. China's furniture market as a major exporter, the US May new home sales and second-hand housing contract sales have hit two-year high in April house price index is also the third consecutive month to achieve ring up, the housing market show signs of improvement. American Association of Realtors (NAR) 27 released a report showed US May of second-hand housing contract sales growth of 5.9%, rose to its highest level in two years, an increase of 13.3%. As an important leading indicator, the contracted sales volume of second-hand houses has maintained a high correlation with the sales volume of second-hand houses, and second-hand house sales accounted for 90% of the overall US real estate market . In addition, data released by the US Department of Commerce showed that the sales of new homes in the United States increased by 7.6% in May to 369,000 units annually , a record high in two years. The recent recovery in the US real estate market has expanded its demand for furniture consumption .

Chemical Industry Mass Flow Meter

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The meter can work with a pulse receiver(Count). The connection is as follows. The resistance value is up to the cable length & the max. input pulse frequency of receiver. Current 10mA is suitable for most receivers; however, you can reduce the resistance value when the cable is long. The max. current could be 50mA. Please use the fixed frequency output function to check if the cable length & resistance value is suitable.

Please check following items before operation, and operate according to relevant rules. a) If the meter is damaged during shipment and installation;
b) If the voltage is same as marked on nameplate;
c) If the fuse is correct;

d) If the meter is grounded properly.
e) If the Meter SN on the nameplate of sensor and transmitter are the same.
If everything is fine, please open all valves, make the pipeline full of liquid and then power on the meter for warm-up for 20min before operation. Finally, conduct zero calibration after first start, and shall do it again if the meter is moved to another site.
Preparation for zero calibration:
a) Power on the meter for approximately 20min for warm-up;
b) Run the process fluid through the sensor until the sensor temperature reaches the normal process operating temperature.
c) Close the shutoff valve downstream from the sensor.
d) Ensure that the sensor is filled with fluid and the process flow has completely stopped.


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