On a fur forum hosted in Beijing the general manager of China Fur Auction House, Zhu Renyong said the world fur sector recovery is beneficial from Chinese market. He added since the second half of 2008 financial crises impacted on fur sector, fur skin price in Denmark Auction slumped 50% in February 2009 and price fell to bottom. As of May 2009 fur price began to show growth and up 30% in December. Fur market took place a dramatic change in December. The sudden growth of fur market in China led the world fur industry to warm up, and this is because 70% to 80% of buyers in fur auction come from China, said Zhu Renyong.