Cai Weimin, secretary-general of the China Rubber Industry Association’s tire division, said that according to the Tire Branch’s calculation, in 2012, the country’s tire production was 470 million, which was an increase of 3% over the previous year (the same below). Statistics on 43 member companies showed that sales revenue was 205.57 billion yuan, an increase of 0.3%; export delivery was 127 million, an increase of 0.7%; and export delivery value was only increased by 0.1%. Although the rate of increase is not high, the economic benefits of various companies are much better than in the previous year. Statistics on 41 member companies show that the company achieved a 62.8% increase in profits.
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