According to Dinging Daily Report, there are 7.6 million units/year of full-steel heavy duty radial tires production and 88 million units/year of half-steel radial tires production,1.6 million units/year of spiral taper gears production, 150,000 units/year of axles production and 5 million units/year of tubless steel tires production in Shandong Guangrao Economical Development Area, is also named Shandong Rubber&Tire Industry Demonstration Park.
In recent years, Shandong Guangrao has been working on developing rubber&tyre and auto parts related industry, which has been the most important industry in Guangrao area.