It is the worst time for China's ruber industry

On Oct.27, China's 16th Rubber Industry Information Press was held in Xi'an Shanxi Province. The press subject with "New Chance New Challenge" was held by China Rubber Industry Association(CRIA).

(Deng Yali, chairman of China's Rubber Industry Association)

Deng Yali, chairman of China's Rubber Industry Association, said on the press that China's rubber enterprises posted less revenue, narrowed profit, surging deficit and uprising stock pressure in 2015, which is the worst time for Chinese rubber industry.

Deng said it is also the best time for China's rubber industry to transform. Facing new technology challenge and fierce competition between manufaturers, best enterprises will stand out through technology innovation and international layout.

(Zhang Liqun, an senior anaylst in The State Development Reserach Centre)

Zhang Liqun, an senior anaylst in The State Development Reserach Centre, said China's economy has nearly complished gear change, and retrace of economy growth is expect to get to the botom in 2015.

(Xu Wenying, vice chairmand of China's State Rubber Industry Association)

Xu Wenying, vice chairmand of China's State Rubber Industry Association, introduced China rubber industry's export and import status in 2015, and gave introduction on how to deal with trade friction.

(Zhuhong, director of technology and economy commitee in CRIA)

CRIA also published the 13th five-year plan of Rubber Industry on the press. Zhuhong, director of technology and economy commitee in CRIA, gave a simple introduction on aim of the 13th five-year plan, policy support and so on.