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Zhang Hongbo,director of China Chemical Industrial Equipment Association Rubber Machinery Specialized Committee as well as secretary and general manager of Party Committee of Guilin Rubber Machinery Co.,Ltd.,introduced that since the reform and opening-up,over 40 years of digestion,absorption and innovation,Chinas rubber machinery industry achieved significant progress and had a dramatic leap in variety,quantity and quality,with the products recognized by the transnational tire companies in the world.Among the ranking of Top 36 rubber machinery companies in the world,more than a dozen enterprises from China have been listed for 14 years in a row and Chinas rubber machinery sales revenue has exceeded 1/3 of the total sales revenue of global rubber machinery.However,Chinas rubber machinery industry also encountered some difficulties in recent years,the sales revenue and profit of the industry declined by nearly 10% and the amount of exports was halved in 2018;in the first half of 2019,although the sales revenue had a year-on-year two-digit growth,the overall profit of the industry declined sharply,the demand in the second half and the next year also hit a record low,the industrial development encounters a bottleneck and the situation is difficult to become better.