——Utilize the advantage of China’s largest overland rubber import port On July 10th, the reporter learned from the Department of Commerce of the Guangxi Zhuang Autonomous Region that natural rubber has become the largest imported product in Guangxi Dongxing Port, and relevant departments in Guangxi plan to draw on the industry cooperation of China-ASEAN Free Trade Area. The favorable opportunity for in-depth development will create an international rubber trading platform and increase the added value of the rubber industry.
China is the world’s largest rubber consumer and importer. It needs to import about 2.15 million tons of natural rubber every year. Wang Demin, secretary-general of the Guangxi Market Economy Research Association, told reporters that Dongxing is China's largest land rubber import port, with 400,000 to 500,000 tons of ASEAN countries such as Vietnam's rubber imported from Dongxing Port every year. However, most of the rubber raw materials imported by Dongxing were transported to Qingdao, Shanghai and other places to be processed into semi-finished or finished products, and then partially transported back to Guangdong, Guangxi, Fujian, and southwest regions for sale, including the ASEAN countries being resold from Dongxing Port. Natural rubber has "traveled" for more than half of China, and production and processing costs have increased significantly, which is already necessary for the reengineering of imported natural rubber.
At present, Dongxing has formed a primary rubber market, and it has been recognized by enterprises in Southeast Asia that produce rubber, and it has become a base for domestic customers to purchase. From January to May this year, Dongxing Port imported 111.393 million US dollars worth of rubber and its products, an increase of 1.1 times over the same period of last year. Dongxing Port has implemented a large-scale custom clearance policy for merchants to provide one-stop service. The rubber imported from Dongxing Port has radiated to the whole country, and Guilin has become the largest tire production base in South China.
At the same time, the production of rubber raw materials in Southeast Asia continues to expand. According to reports, Vietnam plans to increase the rubber planting area to 1 million hectares by 2015, and the rubber production capacity will reach 1 million tons by 2020. Vietnam also strengthened cooperation with Cambodia and Laos to further expand rubber planting area.
The favorable market supply and demand, good production and marketing, and superior trade environment have provided broad prospects for the development of the Dongxing rubber industry. Many experts are optimistic about Dongxing's construction of an international rubber trading platform. Guan Xiqiang, a professor at Guangxi Economic Management Institute, believes that the construction of Dongxing International Rubber Market can greatly expand China-ASEAN rubber trade. Li Limin, a professor at Guangxi University, believes that if the platform is built well, Dongxing's rubber industry can increase efficiency by hundreds of billions of yuan annually. Xue Jiakai, a professor at the party school in Guangxi, pointed out that building a rubber trading platform can stimulate the development of related industries, including the development of the rubber plantation industry in the tropics of Guangxi. According to industry insiders, Fangchenggang City in Guangxi can use the advantages of Dongxing Port and Fangcheng Port to establish an international rubber reserve center.
At the recently held seminar on the development of rubber industry in Dongxing, participants reached a consensus that Dongxing should give full play to the advantages of the main rubber producing countries in ASEAN and the domestic rubber consumer market, and take advantage of the opportunities in the development of industrial trials in Dongxing. Rubber trade and processing lay the foundation for Dongxing's position in the development of the rubber industry in China-ASEAN region.
The reporter was informed that some people in the rubber industry in Guangxi have invited domestic relevant institutions to conduct demonstrations on the construction of Dongxing International Rubber Market. The market functions include bonded, processing, warehousing, trading, electronic information trading, spot trading, and conference forums.
China is the world’s largest rubber consumer and importer. It needs to import about 2.15 million tons of natural rubber every year. Wang Demin, secretary-general of the Guangxi Market Economy Research Association, told reporters that Dongxing is China's largest land rubber import port, with 400,000 to 500,000 tons of ASEAN countries such as Vietnam's rubber imported from Dongxing Port every year. However, most of the rubber raw materials imported by Dongxing were transported to Qingdao, Shanghai and other places to be processed into semi-finished or finished products, and then partially transported back to Guangdong, Guangxi, Fujian, and southwest regions for sale, including the ASEAN countries being resold from Dongxing Port. Natural rubber has "traveled" for more than half of China, and production and processing costs have increased significantly, which is already necessary for the reengineering of imported natural rubber.
At present, Dongxing has formed a primary rubber market, and it has been recognized by enterprises in Southeast Asia that produce rubber, and it has become a base for domestic customers to purchase. From January to May this year, Dongxing Port imported 111.393 million US dollars worth of rubber and its products, an increase of 1.1 times over the same period of last year. Dongxing Port has implemented a large-scale custom clearance policy for merchants to provide one-stop service. The rubber imported from Dongxing Port has radiated to the whole country, and Guilin has become the largest tire production base in South China.
At the same time, the production of rubber raw materials in Southeast Asia continues to expand. According to reports, Vietnam plans to increase the rubber planting area to 1 million hectares by 2015, and the rubber production capacity will reach 1 million tons by 2020. Vietnam also strengthened cooperation with Cambodia and Laos to further expand rubber planting area.
The favorable market supply and demand, good production and marketing, and superior trade environment have provided broad prospects for the development of the Dongxing rubber industry. Many experts are optimistic about Dongxing's construction of an international rubber trading platform. Guan Xiqiang, a professor at Guangxi Economic Management Institute, believes that the construction of Dongxing International Rubber Market can greatly expand China-ASEAN rubber trade. Li Limin, a professor at Guangxi University, believes that if the platform is built well, Dongxing's rubber industry can increase efficiency by hundreds of billions of yuan annually. Xue Jiakai, a professor at the party school in Guangxi, pointed out that building a rubber trading platform can stimulate the development of related industries, including the development of the rubber plantation industry in the tropics of Guangxi. According to industry insiders, Fangchenggang City in Guangxi can use the advantages of Dongxing Port and Fangcheng Port to establish an international rubber reserve center.
At the recently held seminar on the development of rubber industry in Dongxing, participants reached a consensus that Dongxing should give full play to the advantages of the main rubber producing countries in ASEAN and the domestic rubber consumer market, and take advantage of the opportunities in the development of industrial trials in Dongxing. Rubber trade and processing lay the foundation for Dongxing's position in the development of the rubber industry in China-ASEAN region.
The reporter was informed that some people in the rubber industry in Guangxi have invited domestic relevant institutions to conduct demonstrations on the construction of Dongxing International Rubber Market. The market functions include bonded, processing, warehousing, trading, electronic information trading, spot trading, and conference forums.
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