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China's tire industry access conditions are expected to be introduced in August
In response to market rumors about the upcoming introduction of conditions for the tire industry , authoritative sources confirmed that the access conditions are expected to be handed over to the Ministry of Industry and Information Technology by the end of July and early August and are planned to be officially released in August. Industry insiders believe that the introduction of access conditions will have an impact on both inventory capacity and new capacity, which will inhibit the low-level redundant construction of the tire industry and prevent excess capacity.