Zhongce Rubber and Bekaert Sign Cooperation Agreement at China-EU Business Summit

On June 2, 2017, under the joint witness of Chinese Premier Li Keqiang and Belgian Prime Minister Michel, Shen Jinrong, Chairman of Chinachem Rubber Group, and Bert De Graeve, Chairman of Bekaert Group, at the China-EU Business Summit Signed a strategic cooperation agreement.
The Prime Minister Witnessed Sino-Rice Rubber and Bekaert signed a cooperation agreement The Prime Minister Witnessed Sino-Rice Rubber and Bekaert signed a cooperation agreement

The China-Europe Business Summit is the regular meeting mechanism established by the leaders of China and the EU in London on April 2, 1998. It is the highest-level annual consultation mechanism of China and Europe and is the highest level and most influential regular event of the business sector in China and Europe. The summit will be of great significance to strengthening China-EU relations for the long-term benefits of China and Europe, Asia-Europe cooperation and world peace, stability and development.

Bekaert CEO (1st from left), Belgian Prime Minister Michel (2nd from left), and Zhongcei Chairman Shen Jinrong (right) Bekaert CEO (1st from left), Belgian Prime Minister Michel (2nd from left), and Zhongcei Chairman Shen Jinrong (right)

Gwenn Sonck, Secretary-General of the EU China Trade Association (left) and Shen Jinrong, Chairman of China Strategic (right) Gwenn Sonck, Secretary-General of the EU China Trade Association (left) and Shen Jinrong, Chairman of China Strategic (right)

Minister of Commerce Zhong Shan (1st left), Chairman Shen Zhongrong of Zhongce (2nd left) and CEO of Bekaert (right) Minister of Commerce Zhong Shan (1st left), Chairman Shen Zhongrong of Zhongce (2nd left) and CEO of Bekaert (right)

Zhongce Rubber Group is currently China's largest tire manufacturer, ranking among China's top 500 manufacturing companies and the world's top 10 tire companies. Bekaert Group is a global leader in technology and market in the field of wire deformation and coating technology, and is the preferred supplier of wire products and solutions worldwide. Bekaert Steel Wire is the world's best steel wire in tire frame material, supporting the quality of the tires in the strategy. The two companies have maintained long-term successful cooperation in the field of steel cord reinforcement for tire reinforcement.

With the signing of this strategic cooperation agreement, Zhongce Rubber Group and Bekaert Group will deepen all-round cooperation centered on the research and development of new products of green tire steel cords in the Chinese market and related international markets. The two sides adhere to the principle of mutual respect, abide by their commitments, and complement each other in order to achieve the goal of mutual benefit and win-win results and achieve the goal of resource sharing and common development.

China-EU Business Summit China-EU Business Summit

In the field of rubber tires, we will leverage our cooperation in technological development and market development, and deepen cooperation on green tires, new materials, cutting-edge new products, research and development directions, and cleaner production. The two sides actively advocated the concept of green production and development of the rubber industry, conducted extensive exchanges and cooperation on corporate social responsibility, environmental protection construction, and human health, and contributed to the green development of the rubber industry, especially the reduction of carbon emissions.

The signing of this agreement will also promote the further cooperation between Bekaert and China Strategic to participate in the strategic development of the “Belt and Road Initiative” led by the Chinese government. The active participation of relevant countries will make a major contribution to the development of the regional and global economy.

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