China Rubber Association predicts that the total output value of the rubber industry will increase by 18% this year

At the 2012 China Rubber Annual Conference and China Rubber Industry Exhibition held yesterday, Fan Rende, president of the China Rubber Industry Association, predicted that this year, China's rubber industry will increase its total industrial output value and sales revenue by about 18%, and its export growth will remain at around 28%. The overall industry is expected to show steady growth and structural adjustment will make progress.

Fan Rende said that at present, the pressure on the profit growth of the rubber industry continues to increase, and it is difficult for the profitability level to greatly improve. The reason is that the prices of main raw materials such as rubber are still oscillating at a high level, which will have a greater impact on the industry; the cost of production factors will continue to rise; and the requirements for energy saving and emission reduction will continue to increase, and the greening of the industry will advance, and companies will pay greater costs.

In the future, China's rubber industry faces both opportunities and challenges. On the one hand, the global economic uncertainties have increased, and China's economic growth rate has further declined. This has brought greater challenges to the development of China's rubber industry. On the other hand, under the policy of “striving for stability” in the country, China’s rubber industry is new. There are still opportunities for development in materials, new energy vehicles, information industries, and emerging markets abroad. To this end, Fan Rende emphasized that the rubber industry needs to implement ten strategic strategies for rubber industry powers, including new material development strategies, diversified market strategies, low-carbon economic strategies, and circular economy strategies.