In Shandong, two tire industry clusters are being created - Peninsula and Lubei

The authorities of Shandong (China) have introduced an action plan for 2024-2027, aimed at increasing the productivity of the tire industry in the province.

The province of Shandong aims to create two tire industry clusters - Peninsula and Lubei, which account for more than 80 percent of the province's total production volume, with their revenue being 60 and 80 billion yuan, respectively.