According to statistics, China's auto industry is still in a period of sustained growth in terms of product auto production and year-on-year growth in the first two months of this year. Some analysts believe that China's tire industry will usher in a favorable period dominated by demand, benefiting from the stable growth of the automobile industry. However, technological upgrading, economic transformation, and structural adjustment are still unavoidable issues in the development of China's tire industry.
At this stage, the internationalization, high-end and technological features of the automotive market have become increasingly prominent. The downstream market under the market evolution and economic level has also put forward new requirements for tire products, which means that driven by internal and external factors. Tire products supported by traditional production models and technologies are insufficient to meet the effective demand of the market. The research and development of new technologies and new products has become an indispensable driving force for the development of China's tire industry.
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