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Shandong's tire exports have maintained a strong growth momentum. In 2005, its tire export value reached about US$1.20 billion, accounting for 31.7 percent of the nation's total and up 59.7 percent year on year. In the first four months of this year, its export value was US$470 million, a year-on-year growth of 44.4 percent.
Shandong's tire exports have several features. In terms of trading patterns, processing trade takes the dominant position. Processing trade exports hit US$1.18 billion, up 59.5 percent year on year and accounting for 98.3 percent of the province's total exports.
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The full text is available in the November Issue ofAutoChina.