The Global R & D Center of Natural Rubber was set up in Bo'ao, Hainan on the 18th. It is planned to create new market space for the development of natural rubber industry and deepen international cooperation in various fields of natural rubber through strengthening innovation.
At the 5th International Natural Rubber Industry (Boao) Forum held on the same day, China Natural Rubber Association, International Rubber Research Organization, Thai Rubber Bureau, Hainan Natural Rubber Industry Group Co., Ltd. and He Sheng Agricultural Group signed a strategic document, Co-sponsored the establishment of a global R & D center of natural rubber.
Yang Yi, director of the Foreign Economic Cooperation Center of the Ministry of Agriculture, said at the forum that China is the world's largest consumer of natural rubber and the largest importer by volume, with a demand of about 4,896,000 tons in 2016, accounting for nearly 40% of the world's total consumption. At present, the major natural rubber producing countries generally seek international investment and trade opportunities. They can cultivate international big rubber merchants, set up platforms for agricultural investment cooperation and dialogue, strengthen exchanges and cooperation in agricultural science and technology, and promote natural rubber trade and economic cooperation in Southeast Asia and Africa. We will continue our policy of establishing cooperation for agriculture with foreign countries and further public service of foreign cooperation with enterprises. We will uphold the development philosophy of building, building and sharing the 'One Belt and One Road' and carry out more extensive, higher-level and deeper international cooperation.