The National Development and Reform Commission recently stated that in 2010, China's tire industry continued to maintain rapid growth. The annual production of tires for rubber tires was 7.7634 million, an increase of 19.8% year-on-year.
The National Development and Reform Commission said that the tire industry successfully responded to the impact of the "special protection case." The total volume of tire import and export was 11.45 billion U.S. dollars, an increase of 34.8% year-on-year. Among them, 366.977 million tires were exported, a year-on-year increase of 22.3%, which was higher than the growth rate of tire production. The industry's accumulated investment in the year was 35.44 billion yuan, an increase of 29.5% over the same period of last year, and the growth rate was higher than that of the national social asset investment by 5 percentage points.
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