A press conference on accelerating the development of the modern distinctive forestry industry in Guangxi is held on Sept 2. [Photo by Huang Lingyan/chinanews.com]

Guangxi Zhuang autonomous region has become a giant in the forestry industry in China, with a total output value reaching 704.2 billion yuan ($103.08 billion) in 2019, announced Deng Jianhua, deputy director of the Department of Forestry of Guangxi Zhuang Autonomous Region, on Sept 2.

Due to its abundant forest resources, Guangxi had an overall timber yield of 35 million cubic meters in 2019.

At present, Guangxi ranks first in China in terms of its areas for man-made forests, economic forests, as well as fast-growing and high-yield plantations. It has also taken the lead in the output volume of distinctive forest products like rosins, star anise, cinnamon, anise oil, cinnamon, and wood hangers.

Guangxi's output volume of star anise, rosins, and their deeply processed products accounts for more than 50 percent of the global trade volume, while the output volume of anise oil, cinnamon, cassia oil, and tannin extracts accounts for over 90 percent of China's total, making Guangxi the most important production base for forest products in China.

The flower industry is emerging in Guangxi, with its annual output volume reaching 17 billion yuan. The region will accelerate the construction of standardized flower demonstration bases and will devote efforts to cultivating Guangxi flower brands through measures spanning variety innovation, deep-processing, cultural innovation, and online innovation. It is expected three major flower production and trading bases, each in Nanning, Guilin, and Beihai, will be established by 2023.