GPMA Editor team
March 24, 2021
In China, demand for paper remains high, making China one of the most important markets for paper, whose volume of paper production and consumption has ranked the 1st ever since 2009.
A Review of the 2020 China Paper Industry
1. More paper manufacturers suffered losses
As the Chinese government clamped down on pollution, paper makers found their lives harder. Small paper mills that caused heavy pollution were forced out of the industry, while others suffered great losses.
Paper manufacturers who found themselves in the positions of loss took up 18.7% of the total 6640 paper manufacturers; this is a 17% increase. While the total losses dropped by 19.5%, with the figure sanding at 8.36 billion yuan.