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Top 10 News on China Rubber Industry 2015 - No. 3: Main Economic Operation Indicators of Rubber Industry Declining
Date:2016/10/26    Author: -    From: China Rubber Web

In 2015, main economic operation indicators of rubber industry all had negative growth. According to the statistics of China Rubber Industry Associ- ation on key member enterprises, from January to October, the sales revenue had a year-on-year (same below) decrease of 10.85% and the profit had a de- crease of 22.98% (excluding rubber chemicals and framework materials enterprises). Among it, the output of tire had a decline rare in recent 30 years since February and showed downturn trend for the whole year afterwards. From January to October, the output of tire declined by 6.70%, in which that of radial tire declined by 5.64%. According to the statistics of China Customs, the export volume of rubber products (Under Item 401) showed downturn trend since its decline in the first quarter, which was also the first time in recent decade. From January to November, the export volume of rubber products was 5.852 million tons, with a decrease of 4.6%. The investment in the industry fell after rise, from January to October, the number of the planned in- vestment projects in the national rubber products industry declined by 8.9%, that of the actually com- pleted projects declined by 3.3%, that of the new- ly-commenced projects increased by 7.9% and that of the completed projects increased by 16.3%.