CRIA explains guidelines in 5-year plan

ERJ staff report (DS)

Beijing -- A report on China's CRIA (China Rubber Industry Association) website explains the implications of the country's second five-year plan on the country's rubber industry.

The guidelines highlight an urgent need to address the development of the rubber industry over the period.

Points to note are the plan recommends further restrictions on the ability to increase truck tyre production, and actively supports the high-performance radial tyre development for energy saving.

The plan also proposes measure to increase consoluidatinoof the industry trough mergers and acquisitions

China expects to substantially improve the quality of its bicycle tyre industry through harsh rationalisation, affecting up to 90 percent of the industry.

In non-tyre products, the country expects to promoite large-scale enterprises and eliminate low-level and artisan-type factories and to create a favorable environment for industrial development.

The guidelines spell out plans for the carbon black industry and conveyor belt industry.

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Press release from CRIA (Chinese language)

Above Press releaseauto-translated into English from Chinese