Hou Weilong from Asia Symbol, delivered his speech of Global pulp & paper market analysis and outlook, which mainly includes the current status and development trends of the global pulp and paper market.

In the past 20 years, China has been the main growth destination for global paper demand. However, China's per capita paper consumption still lags behind that of developed countries. The demand for bleached chemical pulp is growing rapidly, and its global share is rapidly increasing. China's use of paper to replace plastics and consumption upgrades are important driving forces for the growth of paper demand.

It is expected that the total pulp growth in other Asian regions from 2022 to 2035 will be close to that of China, and household cardboard and white cardboard are the main increases in virgin pulp paper products. In the next two years or so, China's new paper capacity will expand by approximately 7.5 million tons. Demand for cultural paper in Europe has recovered beyond expectations, and China's wood pulp paper production has grown rapidly in the first quarter.

Finally, China's pulp demand is growing rapidly, and the proportion of market pulp demand in the global market continues to increase.

China, South Asia, and Southeast Asia will jointly help global paper demand continue to grow in the future.

The newly put into operation pulp mills can effectively alleviate the pressure of future growth in demand for hardwood pulp.

Globally, industry cost pressures brought about by wood chips and logistics will be long-term challenges.

The scale of China's self-built pulp mills is getting larger and larger, and their operating conditions will be the main variable in the global pulp and wood chip market.

Supply chain disturbance factors are increasing, and the pulp and paper industry chain needs to coordinate to respond to challenges.