Tianjin takes petrochemical industry as the pillar industry of economic development, takes the establishment of the petrochemical base in the north of China as a phased goal, accelerates industrial aggregation, continuously strengthens its comprehensive strength, and steadily enhances its competitiveness. According to the latest data from the Tianjin Economic and Information Commission, the city’s industrial profit in 2010 broke through the 100 billion yuan mark, reaching 113.64 billion yuan. Among them, the petrochemical industry realized a profit of 58.932 billion yuan, an increase of 119.3% year-on-year.
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