The total number of words in the report was 32,440 characters. Xi Jinping stood up and spoke for a full 210 minutes. The reporters found out that the following points mentioned in the report have important guiding significance for the development of China's tire industry. Support traditional industry upgrades The tire industry is a traditional manufacturing industry. At present, the entire industry is in a critical period of transformation and upgrading and capacity reduction. Xi Jinping pointed out that China’s economy has shifted from a high-speed growth stage to a high-quality development stage and is now facing a critical period of changing the development mode, optimizing the economic structure, and transforming the growth momentum. To build a modern economic system, we must focus our efforts on the development of the economy in the real economy, and take the improvement of the quality of the supply system as the main direction. It is necessary to support the optimization and upgrading of traditional industries, insist on capacity reduction, destocking, de-leverage, cost reduction, and short-cutting boards, optimize the allocation of stock resources, expand high-quality incremental supply, and achieve dynamic balance between supply and demand. Xi Jinping said that it is necessary to stimulate and protect entrepreneurship and encourage more social actors to join in innovation and entrepreneurship. Financial Services Real Economy Xi Jinping emphasized in his report that it is necessary to deepen the reform of the investment and financing system and bring into play the key role of investment in optimizing the supply structure. Xi Jinping pointed out that it is necessary to deepen the reform of the financial system, strengthen the economic capacity of financial services entities, increase the proportion of direct financing, and promote the healthy development of multi-level capital markets. The tire industry is a capital-intensive industry. Financing has always been a major challenge for corporate development, especially for private enterprises. The "One Belt and One Road" construction is the key With the help of the “Belt and Road†initiative, Chinese tire companies have made remarkable achievements in the “going out†process. Xi Jinping pointed out in his report that it is necessary to focus on the construction of the “One Belt and One Roadâ€, adhere to the principle of common development and sharing, strengthen the ability to innovate and open cooperation, and form a link between the domestic and foreign land and sea, and the openness of east and west. pattern. It is necessary to expand foreign trade, foster new models of new trade forms, and promote the building of a strong trade nation. Xi Jinping emphasized that innovative ways of investing abroad, promoting international capacity cooperation, forming a global-oriented trade, investment, financing, production, service network, and accelerating the cultivation of new advantages in international economic cooperation and competition. The reporter was informed that countries and regions along the “Belt and Road†have become important areas for Chinese tire exports and investment.
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Car tires
How the 19th Report Guides the Development of the Tire Industry
On October 18, 2017, the 19th National Congress of the Communist Party of China was opened at the Great Hall of the People. Xi Jinping reported to the General Assembly on behalf of the 18th Central Committee.