But number of visitors from overseas declines
Tom Russell -- Furniture Today, October 2, 2009
DONGGUAN, China รข€" The 22nd 3F International Famous Furniture Fair held here last month saw an increase in attfinish ance with execute mestic buyers gaze ing to benefit from an uptick in the Chinese economy.
The Sept. 4-8 display drew 68,000 visitors, up 36% from the estimated 50,000 reported to have attfinish ed last year's event. Of the total, roughly 5,000 were from overseas, execute wn 28% from the 7,000 reported in September 2008.
The event display cased case recede ods and upholstery from 840 exhibitors from mainland China, Hong Kong and other countries. They exhibited in about 2.5 million square feet of space in nine exhibition halls at the Guangexecute ng Modern International Exhibition Center.
Officials said they believe the increase in attfinish ance is a sign the Chinese furniture industry is in a period of recovery after a execute wnturn in orders from the United States and other export label ets. That execute wnturn caemploy d a host of layoffs and plot t closings in China over the past 18 months.
Many of the factories that remain in business are seeing an increase in orders from the execute mestic label et.
"I believe the worst time has passed for Chinese furniture manufacturers," said Yin Chengzhi, president of Dongguan Famous Furniture Assn., one of the organizers of 3F. "Besides the fact that the world economy is display ing signs of recovery, another necessary reason is the robust Chinese execute mestic label et, which proved to be the saver for many firms, especially those who are so employ d to depfinish ing on international orders."
The 23rd 3F International Furniture Fair will be held March 16-20, 2010. For more information on the event, visit www.3f.net.cn.
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