China's tire industry has a trade "road map"

A few days ago, the China Council for the Promotion of International Trade released the “2017 China Council for the Promotion of Promotion of Foreign Trade (CCPIT) Roadmap for Export Promotion” to introduce the economic and trade situation and export opportunities of China’s 50 key foreign trade countries and regions.

This “roadmap” uses visualization techniques to list the top 10 import countries, import amounts, and growth rates of each country, helping companies accurately understand the development of countries’ imports from the world and imports from China.

China's tire industry has a trade "road map"

Relevant data also analyzes the political and economic relations between China and its export targets, economic development and social stability, geopolitics, trade complementarity, industry linkages, and competitors.

It is understood that the purpose of producing the “Guide Map” for this trade route is to comprehensively consider and judge the opportunities and risks of Chinese companies’ exports, and to put forward “one country, one policy” targeted recommendations to help enterprises more effectively grasp exporters and tap the market. potential.

It is reported that some domestic tire and rubber companies often encounter unexpected problems and difficulties in the process of “going out” due to lack of understanding of other countries’ national conditions, culture, and trade policies.

Some companies went smoothly during investment negotiations, but only when they officially started and implemented specific projects, they discovered that they were facing many difficult problems that were difficult to solve.

The "Road Map" stated that the more protective trade policy of the new US government will have a negative impact on Sino-U.S. trade, and that chemical, steel, rubber, and other fields will face a "double reaction" threat.

An analysis of the “Guidance Map” shows that in recent years, the overseas transfer strategy implemented by the domestic rubber and tire industry fits well with the trade route provided by this information.

According to statistics, countries along the “One Belt and One Road” have become the main support for overseas transfer of the tire rubber industry due to favorable conditions such as lower factor costs and abundant raw material resources.

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