At the 2012 China Rubber Annual Conference and China Rubber Industry Exhibition held yesterday, Fan Rende, president of China Rubber Industry Association, predicted that the total industrial output value and sales revenue of China's rubber industry will increase by about 18% this year, and export growth will remain at around 28%. The industry as a whole is expected to show steady growth and structural adjustment will make progress.

Fan Rende said that at present, the pressure on the profit growth of the rubber industry continues to increase, and it is difficult to improve the profitability. The reason is that the prices of major raw materials such as rubber will still fluctuate at a high level, which will have a greater impact on the industry; the cost of production factors will continue to rise; the requirements for energy conservation and emission reduction will continue to increase and the greening of the industry will be promoted, and enterprises will pay more.

The opportunities and challenges facing China's rubber industry will coexist in the future. On the one hand, the uncertainties in the global economy have increased, and China's economic growth rate has further declined, which has brought greater challenges to the development of China's rubber industry. On the other hand, under the policy of “steady progress”, China's rubber industry is new. Materials, new energy vehicles, information technology industries, and emerging markets in foreign countries still have opportunities for development. To this end, Fan Rende emphasized that the rubber industry needs to implement ten new strategies for rubber industry, such as new material development strategy, diversified market strategy, low-carbon economic strategy, and circular economy strategy.