According to the China Securities Regulatory Commission’s “Guidelines for Industry Classification of Listed Companies” (2012 Revised Edition), the industries of interior decoration materials such as artificial panels, technical wood, and wooden flooring are “C20 wood processing and wood, bamboo, rattan, palm, and straw products industries”; the industries of customized home finished products such as wardrobes, cabinets, and wooden doors are classified as “C21 furniture manufacturing.”
In terms of industry authorities and regulatory systems, according to relevant reports, the administrative authorities of the interior decoration materials industry are the National Forestry and Grassland Administration and the Ministry of Industry and Information Technology, the industry market supervision department is the State Administration for Market Regulation, and the industry self-regulatory organizations are the China Forest Products Industry Association and the China Furniture Association.
The National Forestry and Grassland Administration is responsible for the supervision and management of forestry, grassland and ecological protection and restoration, including organizing ecological protection and restoration and afforestation, supervising and managing desertification prevention and control, terrestrial wild animal and plant resources, etc.
The Ministry of Industry and Information Technology is responsible for proposing new industrialization development strategies and policies, coordinating and solving major problems in the new industrialization process, and promoting strategic adjustment, optimization and upgrading of industrial structure.
The State Administration for Market Regulation is responsible for comprehensive market supervision and management and many other responsibilities, covering market entity registration, anti-monopoly law enforcement, product quality and safety supervision, etc.
The China Forest Products Industry Association is responsible for organizing enterprises to formulate “Industry Rules and Regulations”, establishing industry self-discipline mechanisms, standardizing corporate behavior, and at the same time publicizing and implementing national policies to member enterprises, assisting the government in industry management, and promoting quality management.
The China Furniture Association is responsible for proposing industry development plans and policies, making suggestions on industry product structure and corporate structure adjustments, assisting in the formulation of industry standards, and participating in quality certification and supervision.
In terms of major laws, regulations and policies in the industry, there are many documents that affect the development of the industry.
For example, the notice forwarded by the General Office of the State Council in January 2013 actively promoted the full decoration of residential buildings; the China Furniture Association’s “13th Five-Year Plan” in March 2016 pointed out that strategies such as “new urbanization construction” will bring development momentum and consumption growth, and the two-child policy promotes the development of children’s furniture; in May 2016, the State Forestry Administration’s “13th Five-Year Plan” optimized the industrial layout and created an intensive processing industry cluster; in August 2016
The “Thirteenth Five-Year Plan” for the light industry of the Ministry of Industry and Information Technology in September promotes the development of the furniture industry in the direction of green and environmental protection; the plan of the Ministry of Industry and Information Technology in October 2016 promotes the personalized customization model; the “Thirteenth Five-Year Plan” of the construction industry of the Ministry of Housing and Urban-Rural Development in April 2017 vigorously develops green buildings and increases the delivery ratio of fully decorated finished products for new residences; the Draft for Comments of the Ministry of Housing and Urban-Rural Development in February 2019 requires the delivery of fully decorated residential buildings in cities and towns; in 2019
The National Forestry and Grassland Administration’s notice in November promoted the “delegation, regulation and service” reform of forest harvesting; in November 2019, the National Development and Reform Commission’s Industrial Structural Adjustment Guidance Catalog listed related artificial panels and composite material technology development as encouraged projects; in December 2019, the Forest Law revised by the Standing Committee of the National People’s Congress improved the forest resources protection and management system; in March 2021, the State Council’s plan promoted the integration of advanced manufacturing and modern service industries, and promoted the transformation and upgrading of traditional industries; 2021
In July, the National Forestry and Grassland Administration and others planned to carry out green and digital transformation of related industries; in November 2021, the Ministry of Industry and Information Technology planned to encourage personalized customization enterprises to cultivate system solutions and promote large-scale personalized customization models.
These laws, regulations and policies provide strong support and guidance for the healthy and sustainable development of the interior decoration materials and customized home furnishing industries, and help the industry continue to innovate and enhance competitiveness to meet the diverse needs of the market.
