From January to May in 2012, the total output value of China's tire industry increased by 21.27%

The latest statistics from the China Rubber Association show that in the first five months of this year, the total output value of China's tire industry increased by 21.27% year-on-year, that of comprehensive external tires increased by 2.44%, that of radial tires increased by 6.11%, and that of all-steel radial tires increased by 3.94% year-on-year. The meridianization rate reached 86.18%, an increase of 2.98 percentage points over the same period of last year. Sales revenue increased by 21.80% year-on-year, and export tire delivery value increased by 33.03% year-on-year.