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          CHINA                                              be the ultimate battlefield of the industry.
          Canada initiates anti-dumping/subsidy investigations   Departing from Guangzhou, Chinese wood panel materials
          against Chinese plywood                            are moving from “Made in China” to “Created in China” and
          The Canada Border Services Agency (CBSA) has initiated   from “Material Suppliers” to “Life Style Service Providers”.
          investigations under the Special Import Measures Act in respect   With the spirit of the East and the backbone of technology,
          of alleged injurious dumping and subsidising of decorative   they are creating a new global brand for Chinese wood panel

          and other non-structural plywood originating in or exported   materials and opening a brand-new chapter for the high-quality
          from China.                                        development of the industry.
            The investigations follow a complaint filed by Columbia
          Forest  Products  (CFP),  Hearst,  Ontario  and  the  Canadian   China's exports of woodworking machinery and
          Hardwood Plywood and Veneer Association (CHPVA).   accessories - US$2 billion in 2025
            The goods subject to investigation fall under the following HS   As  one  of  the  world's largest suppliers of  woodworking
          tariff classifications: 4412.10.00.00, 4412.31.00.00, 4412.33.00.10,   machinery and furniture accessory suppliers China's exports
          4412.33.00.20, 4412.33.00.30, 4412.33.00.90, 4412.34.00.00,   of woodworking machinery (including accessories) reached
          4412.39.00.10, 4412.39.00.21, 4412.39.00.22, 4412.39.00.23,   US$2.308 billion in 2025.

          4412.39.00.90, 4412.91.00.00, 4412.92.00.00 and 4412.99.00.00.   Of the total, the Asian market accounted for nearly 50%.
            The CBSA will investigate whether imports are being dumped   Southeast Asia contributed over 60 percent of the growth
          and/or subsidised and will make preliminary decisions within   in the Asian market becoming the driving force for exports.
          90 days of 10 April at which time provisional duties may apply.  Currently, the furniture industry in Southeast Asia is in a
                                                             period of capacity expansion and equipment upgrading. As
          Panel industry has entered era where human values   a result of the global shift in industrial production furniture
          become decisive                                    production capacity is shifting from China, Europe and the

          The ‘2026 Guangzhou Custom Furniture Exhibition and the   US to Southeast Asia.
          ‘57th China Home Industry Fair’ (Guangzhou)’ was concluded.   It has been estimated that the total investment in the
            One conclusion was that an industry direction has become   furniture manufacturing sector in Southeast Asia reached US$131
          clearer as eastern aesthetics infuses the board materials with   billion in 2025, with a year-on-year growth of approximately
          cultural  warmth, hardcore  technology  builds  a  solid  health   19 percent.
          foundation, and humanistic care defines a new height of value.   Most of the manufacturing plants in Southeast Asia are
            For enterprises, only by embracing eastern aesthetics,   small and medium-sized enterprises and face problems such
          delving into technology and reconstructing the value logic can   as outdated equipment and an automation rate of less than
          they establish a firm footing in an industry under transformation.   30 percent.

                                                                They plan to update their equipment and at the same
            For  consumers,  the  future choice of board materials is   time raise the self-sufficiency rate of raw materials to lower
          essentially a choice of lifestyle, health needs and cultural   dependence on imports.
          preferences. There is no need to make trade-offs between   Against the background of the reshaping of the global
          environmental protection, appearance level and functionality.   economic landscape and the persistent sluggishness of demand
            The E1-level standard merely marks the beginning of an   in  Europe and the  US, Southeast  Asia  has emerged as the
          industry transformation. The competition for human value will   major overseas market for Chinese enterprises in woodworking
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