China: Programme to promote foreign forest products trade and investment

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ITTO
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The China National Forest Products Corporation, through the China Forestry Industry Association, has launched a programme to promote foreign forest products trade and investment.

The China National Forest Products Corporation (CFPC) was established in July 1979 and is now an enterprise directly under the control of State Forestry Administration. CFPC is a non-profit organisation comprising enterprises, institutions and individuals which engage in international investment, cooperation and wood products trade.

The purpose of the new programme is to support overseas investment and cooperation to promote the orderly and healthy development of forest products trade.

Some 127 members have expressed interest in taking part in the international investment and trade promotion programme. The new International Investment and Trade Promotion Programme will focus on boosting an "out-going" strategy to accelerate the pace of China's forestry development.

-It will coordinate the establishment of an overseas forestry investment strategy building on regional cooperation and alliances It will strengthen timber import coordination mechanisms;

-It will assist enterprises secure sustainable timber resources raw materials;

-It will improve China's image of a responsible great country and play important role in international wood products trade negotiation.

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