| – In April 2009, the tire yields in China were | | | | of new inflatable rubber tires for the motor vehicles, |
| increased by 13.7% to 58.15 million stripes compared | | | | down by 12% and accounting for 38.8% of the total |
| with the same period of last year. During January to | | | | export volumes. The exports of the new inflatable |
| April of 2009, the total tire yields were 185.6 million | | | | rubber tires for the bicycles were 22.02 million stripes, |
| stripes in China, up by 0.2% YOY. The increases of | | | | down by 35.9% and accounting for 27%. Besides, |
| the tire yields largely attribute to the ease of | | | | the exports of the new inflatable rubber tires for the |
| obtaining loans, the pursuit of high operation rate and | | | | passenger vehicles and cargo trucks amounted to |
| the blind optimistic to the economic tendency. By | | | | 9.54 million stripes, down by 30.9% and accounting |
| contrast to the promising production situation of | | | | for 11.7%. |
| Chinese tire industry, the exports are not very | | | | |
| promising. | | | | Affected by the international financial crisis, the |
| | | | | automobile consumption was cut down obviously in |
| During January to April of 2009, China totally | | | | the international market in 2009 and the sales |
| exported 81.31 million stripes of tires, valuing 2.01 | | | | volumes continued to drop. The depressed demands |
| billion USD, down by 23.3% and 21% respectively | | | | in the downstream led to the fast shrink of the |
| compared with the same period of 2008, in which | | | | demands for the tires in the international market. |
| the exports in April were 23.16 million stripes, down | | | | Taking America for example, according to the |
| by 19.2% and valuing 580 million USD, down by 16.1%. | | | | statistics released in 1st May, 2009, the automobile |
| | | | | sales were cut down by 34.4% YOY in April 2009 |
| China’s tire exports are mainly characterized as | | | | and reached the bottom low over the past 30 years, |
| follows: | | | | which was the successive sales decline for 18 |
| 1. The monthly exports volumes were rising. In July | | | | months. At the same period, the sales amounts of |
| 2008, the monthly tire export volumes broke through | | | | Chrysler, General Motors and Fort were cut down by |
| 30 million strips in China, the highest point since | | | | 48%, 34% and 32% respectively. Besides, the |
| January 2008. In the later successive seven months, | | | | drivers also cut down the travel plans, which also cut |
| the exports cut down and showed the obvious | | | | down the torn of the tires, postponed the |
| growth in March 2009. In April, the export volumes | | | | performance of the tires and reduced the |
| continued to keep above 23 million stripes. The actual | | | | replacement of the tires. |
| exports amounted to 23.16 million stripes, down by | | | | |
| 19.2% YOY and holding the line at link relative ratio | | | | From January to May of 2009, China produced |
| compared with March 2009. | | | | 4.8377 million automobiles and sold 4.9568 million |
| | | | | automobiles, up by 11.10% and 14.29% YOY |
| 2. Over 80% tires were for the export processing | | | | respectively. The yields and sales of the passenger |
| trade and the general trade was cut down obviously. | | | | vehicles were 3.52003 million and 3.6609 million, up by |
| From January to April, China exported 67.46 million | | | | 15.61% and 21.20% YOY respectively. The yields and |
| stripes of tires by means of processing trade, | | | | sales of the commercial vehicles reached 1.3174 million |
| decreased by 21% and accounting for 82.9% of the | | | | and 1.2959 million, the yields up by 0.62% YOY but |
| total tire export volumes of the same period in China. | | | | the sales down by 1.56% YOY. |
| At the same time, China exported 13.03 million stripes | | | | |
| of tires by means of general trade, down by 34.9% | | | | Chinese tire industry faces the further aggravated |
| and accounting for 16%. | | | | international trade environment. In the end of April |
| | | | | 2009, America suddenly put forward special |
| 3. The major export destinations were America, | | | | safeguard investigation into Chinese tire consumption. |
| Europe and Africa. From January to April, China | | | | The involved export volumes and amounts |
| respectively exported 21.08 million, 16.34 million and | | | | respectively accounted for 75% and 88% of the |
| 10.44 million stripes of tires to America, Europe and | | | | total export volumes and amounts. America is |
| Africa, down by 25.7%, 20.9% and 18.8%, in which | | | | China’s largest target country of the tire |
| the total export volumes accounted for 58.8% of | | | | exports, accounting for one third of the total export |
| the total tire export volumes of the same period. | | | | volumes and one fourth of the total export amounts. |
| | | | | Once America restrains the total import amounts of |
| 4. The foreign funded enterprises showed the largest | | | | tire from China, China’s tire exports will cut down |
| reduction rate. From January to April, the foreign | | | | by 6%. What is much worse, if America carries out |
| funded enterprises exported 46.35 million stripes of | | | | the special safeguard, the other members of WTO |
| tires, down by 27.6% and 4.3 percentage points | | | | can carry out the special safeguard measure for |
| higher than the general export reduction rate of the | | | | China’s tire exports without investigation at |
| same period in China, but accounting for 56.9% of | | | | random. |
| the total tire export volumes in the same period in | | | | |
| China. | | | | When the yield increases in Chinese tire industry, the |
| | | | | continuous decline of the exports and the limited |
| 5. The exports of the new inflatable rubber tires for | | | | domestic demands, the inventories of the enterprises |
| the motor vehicles accounted for near 40%. From | | | | will rise and further affect the capital flows, leading to |
| January to April, China exported 31.55 million stripes | | | | the profit decline even losses. |