In the first half year of 2015, with low tire demand in China domestic market and heavy-strike on Chinese tire export from America's anti-dumping and anti-subsidy case, China's tire price jumped off and industrial operation rate was only 60%, 10 percent points lower that last year.
Statistics showed that China produced 454,775,000 units of tires in the first half year, year-on-year decreasing 3.9%. At the same time, the whole industry posted 219.36 billion yuan of revenue, yearly slided 0.8% and 12.26 billion yuan of net profit, yearly down 14.4% compared to the same period of 2014.
