The 7th Shanghai Derivatives Market Forum was held on May 28-29, 2010 at Shangri-La Hotel, Pudong, Shanghai. The following is a summary of the speech delivered by the Secretary-General of the China Rubber Industry Association, Fan Rende, at the forum.
Fan Rende: 2010 is the last year of the implementation of the 11th Five-Year Plan. It is very important to resolve the impact of the international financial crisis and the huge damage caused by trade frictions, ensure the stable and rapid development of China's rubber industry, and lay a good foundation for the start of the 12th Five-Year Plan. The significance. The economic operation of the rubber industry in China this year is not optimistic. From the perspective of the external market environment, the impact of the US tire special protection case on the industry in 2009 was not clearly demonstrated. From January to September this year, the forum increased the tariff by 35%, so this year's tire protection case is the most serious year for China's industry. From January to March, China's exports of American tires were reduced by 18%, affecting more than 20 million sets of tires in the United States throughout the year. The EU’s implementation of environmental protection barriers on imported tires will seriously affect the export of Chinese tires. In particular, the recent debt crisis in Greece has affected the economic recovery of EU countries. The appreciation of the renminbi against the euro has reached 14.5%, which will seriously affect the export of rubber products such as Chinese tires to the EU.
Judging from the domestic environment, China’s domestic demand this year has weakened compared with last year. In particular, the cooling of real estate has a direct impact on markets such as steel and cement that are closely related to rubber products. In addition, the prices of raw materials such as natural rubber have skyrocketed in recent years and will affect the economic operation of the rubber industry. As for the quality of the industry, the Chinese rubber industry is facing the dual challenges of its own economic development and the complex and volatile external market environment. The above factors determine that the operation of the Chinese rubber industry will encounter great difficulties, and the economic benefits will have a significant decline. Although there are many unfavorable factors in the external environment, this year has also hidden a year of greater hope and giving. We believe that the country will maintain the continuity and stability of macroeconomic policies in 2010. In particular, the country will continue to stimulate the development of the automotive industry. Initiatives. The rubber industry has always been closely related. The development of the automobile industry will be an important pulling factor for the steady and rapid development of tires and other automotive rubber products this year. Although the production and sales of automobiles this year are not as popular as last year, according to the introduction of Secretary General of the China Association of Automobile Manufacturers, this year The production of automobiles will reach more than 16 million sets, and the growth rate will remain at more than 20%.
In addition, basic infrastructure projects such as highways, high-speed railways, and airport construction will continue to be implemented, which will further promote the support for tires and tape engineering products. The expansion of rural demand will be a key measure for stimulating domestic demand, and the development of modern agriculture will be a major change in the way of economic development. The mission is to build a new socialist countryside and promote the role of urbanization as an enduring driving force for ensuring stable and rapid economic development. Continue activities such as automobiles and motorcycles to the countryside to further promote the demand for various rubber products. It is believed that the Chinese rubber industry will Seize the opportunity to make great efforts in adjusting the industrial structure and transforming the growth mode to adapt to the changes in the domestic and foreign markets. It is expected that the rubber industry will continue to develop steadily and rapidly in 2010, and the overall growth level will be reduced. Most of the The output of the product will increase by more than 6%, but the benefits will be greatly reduced.
China is the world's largest rubber industrial country. The development of China's rubber industry is inseparable from the impact of the domestic and international economic development environment. In the post-crisis era, the world rubber industry continues to develop, requiring mutual communication and cooperation between governments and upstream and downstream industries in the rubber industry. . Natural rubber is a global bulk trading commodity. We advocate natural rubber producers, distributors, futures investors, commodity futures investors, work together, conduct business with integrity, strengthen dialogue, and establish a stable and healthy global rubber trade order. To maintain the continuous and common development of the rubber industry including upstream and downstream industries, we hope that the upstream and downstream industries will join hands to mitigate the damage of international finance, reduce the risks of recovery, and enter the track of sustained and stable development.
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