Brief Overview of the Development of China's Rubber Machinery Industry

 China's rubber machinery industry has experienced a difficult and tortuous development journey, starting from scratch. After years of efforts since the reform and opening up, China has gradually become a major rubber machinery manufacturing country in the world, through continuous introduction, digestion and absorption, and specialized research, based on its originally weak foundation.

 The global rubber machinery industry has shown a clear upward trend after the development in 2011 and 2012. According to the market survey by Zhiyan Consulting, the market demand is at the same level as the peak before the economic crisis in mid-2008. Since 2012, China's rubber machinery industry has been operating well economically, with main economic indicators such as sales revenue, profits, and export earnings reaching record highs. Leading manufacturers have accelerated their pace of international operation, gradually transitioning from being "domestic factories" to becoming "international companies".

 With the rapid growth of global rubber consumption, the demand for rubber machinery will also generally increase accordingly. The focus of global rubber machinery consumption will also continue to shift from the West to the East, and China is expected to become the world's largest rubber machinery production and consumption market.

　 China's rubber machinery industry has seen soaring production and sales year after year, exhibiting a trend of explosive development. China's rubber machinery is rising in the East and beginning to establish its status as a major country.