CRIA issues plan for next 6 months

ERJ staff report (DS)

Beijing -- At a conference held last week, the China Rubber Industries Association (CRIA) laid out its plans and objectives for the next six months.

CRIA Executive Vice President, General Secretary Deng Yali said, "the industry has been faced with extremely complex situations and challenges, most notably from the raw materials, energy to the labor force, almost all costs are rising, corporate profits increasingly difficult; the same time, economic growth has slowed down trend, showing significantly lower increase in tyre production, export growth trend is clearly narrowing."

The Association aims to fulfil the terms of the "second Five Year Plan" In addition, the industry aims to address the high cost of natural rubber and to address quality issues within the tyre segment. ANother objective is to use R&D and scientific knowledge to develop the Gutta Percha industry. The group also wants to encourage members to build the reputationof their brands in the international sphere.

The CRIA also propsed a series of other measures (see report below)

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Press release from CRIA

Above story auto-translated into English (from Chinese)