What is the future of China's paper industry?

In addition, the entry threshold for new and expanded production capacity is also constantly improving, and the overall operating costs of the industry are high, which also makes many paper enterprises gasp for breath.

Correspondingly, the improvement of the threshold of operation makes the industry concentration continue to improve, and the industry pattern continues to optimize.

The performance of leading enterprises has begun to build a bottom climb, and the fall of raw material prices and the partial landing of price increases have made many enterprises see the hope of performance improvement. Sun Paper achieved a net profit of 675 million yuan in the first quarter, down 39.08% year-on-year, but the operating income increased 26.48% year-on-year; Chenming Paper achieved a net profit of 132 million yuan, down 90.34% year-on-year, but the chain also showed an upward trend.

The second quarter is the traditional peak season of the paper industry, paper enterprises are trying to find ways to promote the integration of pulp and paper, expand exports, and improve operational efficiency. Although in the context of the epidemic, Chinese paper enterprises also face the test of raw materials, logistics, operating costs and emergencies, but have survived the darkest moment of price increases, supply cuts, and outages, the paper industry has obviously seen the dawn of recovery.