Zhao Jungui, vice president of the China Petroleum and Chemical Industry Federation, pointed out on the 16th that China's oil and chemical industry has become a "stricken area" for international trade frictions. The Chinese petrochemical industry urgently needs to strengthen international exchanges and enhance the international discourse right and other soft powers.
“In 2009, foreign trade investigations initiated by China Chemicals' export products reached 20, involving an amount of up to 2.286 billion U.S. dollars. By the end of May this year, 4 new cases were filed.†Zhao Jungui held on the 16th, 2010 (the 10th "China International Chemical Industry Exhibition Press Conference" told reporters.
Zhao Jungui pointed out that China has become the world’s second largest producer and consumer of petrochemical products after the United States, but its international discourse does not match the soft power and hard power.
"The ability of Chinese petrochemical companies to discourse on the international market, their ability to negotiate prices, and their ability to formulate rules are not strong, which has seriously affected their international competitiveness." Zhao Jungui said.
At the same time, issues such as overcapacity of basic raw material products, insufficient supply of high-end fine chemicals, and extensive development model also constrain the overall international competitiveness of the industry, Zhao Jungui said.
According to reports, under the promotion of a series of economic stimulus policies and the promotion plan of the industry by the Chinese government, the petrochemical industry in China has emerged from the impact of the financial crisis and has stabilized and recovered.
Data from the China Petroleum and Chemical Industry Federation show that in 2009, the industry's GDP increased by 0.3% year-on-year, achieving a total output value of 6.63 trillion yuan; the industry's economic operating sales revenue increased by 0.5%; fixed assets investment increased by 12.9%; petrochemical main products Yield growth.
“In 2009, foreign trade investigations initiated by China Chemicals' export products reached 20, involving an amount of up to 2.286 billion U.S. dollars. By the end of May this year, 4 new cases were filed.†Zhao Jungui held on the 16th, 2010 (the 10th "China International Chemical Industry Exhibition Press Conference" told reporters.
Zhao Jungui pointed out that China has become the world’s second largest producer and consumer of petrochemical products after the United States, but its international discourse does not match the soft power and hard power.
"The ability of Chinese petrochemical companies to discourse on the international market, their ability to negotiate prices, and their ability to formulate rules are not strong, which has seriously affected their international competitiveness." Zhao Jungui said.
At the same time, issues such as overcapacity of basic raw material products, insufficient supply of high-end fine chemicals, and extensive development model also constrain the overall international competitiveness of the industry, Zhao Jungui said.
According to reports, under the promotion of a series of economic stimulus policies and the promotion plan of the industry by the Chinese government, the petrochemical industry in China has emerged from the impact of the financial crisis and has stabilized and recovered.
Data from the China Petroleum and Chemical Industry Federation show that in 2009, the industry's GDP increased by 0.3% year-on-year, achieving a total output value of 6.63 trillion yuan; the industry's economic operating sales revenue increased by 0.5%; fixed assets investment increased by 12.9%; petrochemical main products Yield growth.
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