"Eleventh Five-Year" Shandong tire production has grown rapidly

According to the information provided by the Shandong Provincial Economic and Information Commission, the rubber industry in Shandong Province achieved faster-than-expected and rapid development during the “11th Five-Year Plan” period. In 2010, sales revenue was 173.996 billion yuan, an increase of 1.78 times over 2005; profits and taxes were 15.858 billion yuan, an increase of 1.9 times over 2005; profits were 10.958 billion yuan, 2.2 times more than in 2005; tire production was 285.529 million. The number of radial tires increased by 1.37 times in 2005, and the number of radial tires rose by 4.98 times from 2005 to 2005, accounting for 38.4% of the total number of radial tires in the country.

Shandong Province's tire production, sales revenue, profits and taxes and other indicators are far ahead of the country's various provinces and cities.

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