This paper makes a comprehensive analysis of China’s forestry investment in afforestation，forestry production，forest products trade and forest products market in 2017，and provides an outlook of the development trend of forestry production and forest products in 2018. In 2017，China’s forestry investment scale and afforested area were all increasing；total forestry production exceeded 7 trillion yuan；and the proportion of tertiary industry continued to be improved. The domestic timber output continued declining while，at the same time，the production of non-wood forest products，forest tourism and forest health industry were all maintaining a good trend of development. Besides，forest products trade broke through 150 billion U.S dollars and the imports of forest products increased by as much as 23%. In particular，the imports of logs，sawn timbers，wood-based panels and wooden furniture grew significantly. As a whole，the exports of forest products were poor，but the export of the MDF，chipboard，wooden furniture and wooden frame seat was still acceptable. The forest products market had some changes，i.e.，the price of main forest products showed a rising trend. Looking ahead to 2018，China’s forestry production and forest products market will keep improving in the process of consolidation of the past achievements and continued reform.