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Shandong tire companies accelerate green development

Zhang Hongmin, president of the Shandong Rubber Industry Association, stated at the China Rubber Summit Forum held recently in Zibo, Shandong, that during the 12th Five-Year Plan period, the development of tires in Shandong and even nationwide was characterized by green tires with low energy consumption, high environmental protection, and superior safety. Green environmental protection has thus become the focus for Shandong, a major tire-producing province. Wang Xin, director of the office of Shandong Yongtai Chemical Group Co., Ltd., which recently obtained the China Famous Trademark, stated in an interview last week that domestic tire companies will face significant sales pressure due to factors such as the decline in domestic automobile production and sales. Under these circumstances, only by pursuing a brand industrial upgrading route...

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03-15

Shandong tire companies accelerate green development

Shandong Tire exports show strong growth against the trend

China's tire industry is one of the industries that has encountered the most foreign trade barriers in recent years. Shandong's tire production capacity accounts for half of the national total. Despite the modest overall growth in Shandong Province's foreign trade exports this year, Shandong tires have achieved strong growth against the trend by relying on a 'technology and brand' strategy. Recently, several new tires rolled off the production line at Linglong Group's factory. These are new products launched by the company in response to the EU's impending 'Tire Labeling Regulation'. US safeguard cases, EU noise certification, anti-dumping investigations – in recent years, more and more trade and technical barriers have stood in front of China's tire exports, testing companies' ability to adapt to the market.

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03-15

Shandong Tire exports show strong growth against the trend

Shandong Tire Industry Review of 2011 and Outlook for 2012

I. Review of 2011 1. Tire Production and Sales in Dongying, Shandong in 2011 In 2011, the annual production capacity of passenger car tires in Dongying and its surrounding areas was 153 million sets. These passenger car radial tires were mainly exported to European and American markets. 90% of the products from passenger car tire enterprises, such as Jinyu Tire and Yongsheng Tire, were exported. Of these exports, 30% went to the United States, approximately 21% to Europe, and 40% to other regions. The US tire safeguard case and the European debt crisis severely hampered Shandong's tire exports, resulting in significant inventory pressure for passenger car tires. Currently, Dongying relies on the African, Middle Eastern, and South Asian markets to support its exports. The production capacity of truck tires in Dongying is 0.

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03-15

Shandong Tire Industry Review of 2011 and Outlook for 2012

Shandong, Jinan: Encourage enterprises to "go global" and receive financial subsidies

Reporters learned from Jinan Municipal Bureau of Commerce that the city recently issued the 'Notice on Encouraging Enterprises to Actively Carry out Foreign Economic and Technological Cooperation Businesses,' deciding to provide financial support to units engaged in foreign economic and technological cooperation businesses such as foreign investment cooperation, contracted projects, and labor cooperation, starting this year. Foreign economic and technological cooperation businesses eligible for subsidies include: overseas investment cooperation, overseas contracted projects and design consulting, foreign labor cooperation, overseas accident insurance for Chinese personnel, participation in overseas emerging market expansion, and the construction of foreign labor cooperation service platforms. Jinan City encourages manufacturing enterprises to establish overseas companies, purchase or lease

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03-15

Shandong, Jinan: Encourage enterprises to "go global" and receive financial subsidies

Brazil attaches importance to developing trade relations with China

Before Brazilian President Dilma Rousseff's visit to China, Fernando Pimentel, Minister of Industry, Trade and Commerce of Brazil, said in an interview that Brazil attaches importance to developing trade relations with China and is willing to establish a strategic trade relationship with China; at the same time, it welcomes more Chinese companies to invest in Brazil and participate in the development of Brazil's infrastructure and agricultural production. Brazil attaches strategic importance to developing relations with China. When talking about Brazil's attitude towards trade with China, Pimentel said that Brazil has good trade relations with China, and China is Brazil's most important trading partner and the main source of Brazil's trade surplus. According to Bra

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03-15

Brazil attaches importance to developing trade relations with China
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