CRIA analyses China's tyre export issues

ERJ staff report (DS)

Shanghai, China - Cai Weimin, the chair of the tyre division of China's Rubber Industry Association has outlined the issues fcing China's tyre makers as they attempt to boost exports.

These includee the strength of the Chinese currency; import tariffs in various countries, including the United States; technology barriers and the need to build brands, distribution customer service and other expenses.

Cai said, The national tyre export volume reached 193 million in 2011, exports accounted for 42 percent of total output. 45 key enterprises in 2011 tyre export delivery value of 62.32 billion yuan, a 24.8 percent increase over the previous year. January to June this year, 45 enterprises tyre export volume and delivery value of year-on-year growth of 6.6 percent and 9.4 percent respectively.

To continue this trend, many tyre makers in China are adopting 'green' technologies. Cai mentioned Double Coin brand, the Triangle brand Chaoyang brand Fengshen brand Linglong brandas being accredited by the United States EPA as environmentally friendly.

He added that tyres from Guangzhou, South China, Qingdao Double Star, Guizhou tyres, Sichuan sea large, Shandong Jinyu, General, Jiangsu, Shandong Xingyuan, Shengtai enterprise products have been well received in the international market.

He added that Henan Friend Tyre Co., Ltd. signed a contract with the relevant departments of Uzbekistan, on March 22, 2012. The agreement covers the construction of the country's annual output of 10 million all-steel radial tyre project, radial tyre technology.

Cai went on to give a detailed report on the Chinese tyre export segment.

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News story from CRIA (Chinese language)

Above story auto-translated (from Chinese language)