The Dongying government in China’s Shandong Province is implementing a 2024-2028 Rubber Tyre Industry Development Plan that focuses on up to nine tyre and tyre-related enterprises within the region. The goal is for these firms to achieve a combined operating income of RMB 100 billion (£10.6 billion) by 2028.
China’s tyre exports continued to grow in May 2023. During the month, the country’s manufacturers exported 53.82 million new pneumatic rubber tyres, 10.3 per cent more than in May 2022. The value of these tyres rose 16.6 per cent year-on-year, to approximately RMB 12.8 billion (£1.4 billion).
On October 8, the Guangrao County Government announced a list of awards that included six tyre industry companies. The awards stem from the fact that this county’s tyre industry was set as one of the advanced cluster industries by Shandong Province in 2020. It is reported that some enterprises in Guangrao County engaged in tyre-related fields can obtain incentive funds.
On 24 April 2022, the State Administration for Market Regulation of China announced the sampling inspection results of transportation products in 2021. Among the 24 batches of tyre products randomly checked by government departments, there were two batches of what are referred to as “unqualified products”, with a resulting failure rate of 8.3 per cent. In 2019 and 2020, the failure rate of the tyre product sampling inspection was 2 per cent and 0 per cent respectively.
Qingdao, the major city at the heart of China’s Shandong ‘rubber’ province, has announced plans to test its entire population for coronavirus after 19 new cases were linked to a local hospital. This means all 9 million people living in Qingdao are scheduled to be tested during the five days following Sunday 11 October.
Triangle Tyre’s recent summit at the company’s headquarters in Weihai, Shandong Province continues the firm’s recent movement towards going global. The theme was “bring progress to the society, create civilization for human beings”, which when culturally translated speaks of the firm’s intention to be a CSR-conscious global player. According to the company, more than 400 customers were present including representatives of the likes of Caterpillar, Lanxess, Bekaert and VMI as well as the media researchers and scholars from different countries.
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Guangrao County Government