Since the 21st century, automobile industry and tire industry have developed rapidly in China, which promotes the demand for rubber in return. In 2012, the output volume of automobiles reached 19.27 million units and that of radial tires totaled 460 million, ranking the first in the world. During 2001-2012, the CAGR of automobile output volume exceeded 20% and the CAGR of tire output volume reached 25%, both ranking top in the world. In 2012, the consumption volume of natural rubber in China accounted for over 1/3 of the global consumption volume with foreign dependence degree exceeding 80%. Since 2001, China …
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