Tire industry growth over the next three years will slow down

Chinese tire industry in the next two or three years, will remain in a period of rapid growth, but growth may be slowing. "China Rubber Industry Association chairman Chen Jinrong Branch of the tires on April 23 in the China Rubber Industry Association Tire Branch of the General Assembly in 2008 and China Tire Industry Development Strategy Forum, said.

Chen Jinrong said that China is not only a tire manufacturing power, but also export a big country in the international market occupies an important position. By domestic demand, exports, investment, pulling in the next few years, China's tire industry will maintain rapid growth. From domestic demand, high-speed公路总里程China in 2010 will reach more than 60,000 kilometers, will increase by an annual average of more than 4,000 km; 2007, domestic car production 8,880,000 in 2010 to more than 10,000,000, an annual increase of more than 100 traffic 10,000; 2007 civilian cars 56,970,000, and also to a few each year increasing at a rate of 1,000,000, therefore, whether original or replacement tires have a greater fetal growth. Exports from the point of view, in 2007 a small passenger car tire exports 99,280,000, up 37.5 percent; passenger tire exports 44,920,000, an increase of 15.5 percent. As a result of higher export base, in 2010 China is expected to Chen Jinrong tire exports will reach more than 200,000,000. From the investment point of view, the end of last year heavy-duty radial tire project has been put into operation 38, cars and light truck radial tire production project of 33, some of the projects have not yet reached the middle class, once the market demand for these projects will be operating rate Be raised. In addition, the heavy-duty radial Further to the investment, the past two years, domestic work and child set off a wave of investment, the project began to tire rapid expansion of production capacity.

Chen Jinrong said that as the tire industry in recent years, great efforts to carry out structural adjustment, the national rate of Meridian has reached 70%, in the eastern areas of meridian tires load rate is 84%, if not a new point of growth (such as the north-western region), While domestic demand growth will slow; exports, with China's tires to enhance the competitiveness of foreign anti-dumping, intellectual property rights cases began to increase, the U.S. tire recall system, the EU REACH (chemicals Registration, Evaluation and Authorization and Restriction), and other laws and regulations Raising the threshold for export access, together with the main objective of the export of U.S. involvement in sub-loan crisis reduced demand and other factors, the increase in tire exports may decline; water and electricity, raw materials and labor costs rise, the state of monetary policy tightening, China's tire industry Cost advantage is gradually disappearing; a large number of new projects and expansion projects, so that the total capacity of the domestic marked increase in production capacity surplus is likely to greatly. As a result, the domestic tire industry's growth rate will be reduced.