During the annual China rubber meeting held in March 21th, 2012, the chairman of the China Rubber Industry, Mr. Fan Deren predicted that the total value of out-put and sales income amplification will be 18%, and the increase of rubber parts export will remain at 28%. The overall situation will be a smooth grow as well as a fruitful structure adjustment.
Mr. Fan said, at present the pressure of increasing profit getting bigger, it is difficult for the manufactures to change the profit level. There are several main reasons: The price of rubber material grows continually and the production cost increases too.
In the future, the China rubber industry will face a situation which combines chance and challenge. On one hand, the uncertainty of global economy, the decrease of our country’s economy growth bring great difficulty to the rubber industry development; On the other hand, under the good policy support, the rubber industry will a great opportunity in the area of new material, new resources motor and IT industry and also the demand of the rising market. Mr. Fan stressed that, we need to carry out those policies like new material development strategy, dynamic market and low carbon economy and cycle economy to develop and strengthen our country’s rubber industry.