Yuan Zhongxue: It is suggested that the tire industry association coordinate the planning of overseas factory production capacity to prevent the spread of "internal loop" to "external loop".
Yu Zhongxue, honorary chairman of Sailun Group, stated at the 21st China Rubber Annual Conference that it is necessary for tire companies to go global, but industry associations need to coordinate capacity planning to prevent overcapacity from spreading both domestically and internationally. For example, there are already 11 Chinese-invested tire companies in Cambodia alone, which may exceed market demand. At the same time, tire companies need to use high-reliability equipment overseas and pay attention to cultivating local professional managers to integrate into local culture.
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