Several major challenges facing the Open Type Braided Sleeve industry

Open Type Braided Sleeve are listed as the four major industrial raw materials along with petroleum, coal, and iron ore. By 2003, the country's Open Type Braided Sleeve ranked fifth in the world in terms of output and planting area. Open Type Braided Sleeve are becoming more and more important. become more and more prominent.

With the rapid development of the country's economy, the application scope of Open Type Braided Sleeve in the industrial field continues to expand, and the demand for Open Type Braided Sleeve has been on a linear upward trend. At present, the output of national Open Type Braided Sleeve only accounts for 7% of the world's total production, but its consumption accounts for 20% of the world's total consumption. The growth rate of domestic production is only 1/3 of the consumption growth rate, and the gap between supply and demand continues to expand.
Although demand has grown, the development of Open Type Braided Sleeve still faces challenges. At the recently held National High-Level Forum on the Development of the Open Type Braided Sleeve Industry, Zhu Xiuyan, Chief Economist of the Ministry of Agriculture, said that currently, with the deepening of economic globalization and regional economic integration, the global supply and demand pattern of Open Type Braided Sleeve Significant changes have taken place, which have had a certain impact on the development of the national Open Type Braided Sleeve industry.
The Open Type Braided Sleeve industry is integrating into more intense international competition. On the one hand, the role of tariff protection will gradually disappear, which will put strong pressure on the national Open Type Braided Sleeve industry in international competition; at the same time, major foreign rubber-producing countries have greater advantages in terms of processing scale efficiency and product differentiation. Advantages will also have a certain impact on the national Open Type Braided Sleeve industry. In addition, the establishment of the ASEAN Open Type Braided Sleeve major producer alliance will have a certain impact on the supply and demand of national Open Type Braided Sleeve. Countries are required to accelerate the process of intra-regional trade liberalization with commitments that are better than those made to the WTO. However, the main producing countries of ASEAN Open Type Braided Sleeve have better industrial foundations and stronger domestic support. In the early stage of trade liberalization, they will put certain pressure on the national Open Type Braided Sleeve industry.