Important consensus reached at 2019 petroleum and chemical industry
Summarize the "13th five year plan" in the whole industry and lay out the key nodes of the "14th five year plan". On November 25, the 2019 summit of petroleum and chemical industry leaders and the 15th Annual Meeting of the board of directors of China Chemical daily, themed "meeting challenges at home and abroad and taking the road of high-quality development", was held in Jiaozuo, Henan Province. The meeting held that China's petrochemical industry is still in a period of strategic opportunities in the face of various development challenges at home and abroad. During the fourteenth Five Year Plan period, the petrochemical industry should continue to deepen the supply side structural reform of the industry with high-quality development as the guide, rely on advanced concepts such as innovation driven, green development and intelligent manufacturing to seize the development commanding point, and realize the dream of a strong chemical country. Zhao Jungui, vice president and Secretary General of China Petroleum and Chemical Industry Federation, said that since this year, the petrochemical industry has faced great downward pressure, mainly due to the low innovation of world economic and trade growth, the great downward pressure of the industry economy and the high operation of unit cost.
The operation data of petrochemical industry from January to September this year shows that the extensive development stage of the large-scale expansion of basic chemical industry has ended, the pressure of market constraints and ecological constraints is increasingly tight, the market survival mechanism begins to play a role, and vulnerable enterprises and backward production capacity without competitive advantage will be forced to withdraw from the market. According to Zhao Jungui, "the 14th five year plan" is still a rare strategic opportunity for the petrochemical industry. From the perspective of the 13th five year plan, new chemical materials have become the fastest growing and the best quality and efficiency field in China's chemical industry. Therefore, with supply side structural reform as the main direction, vigorously developing new chemical materials and high-end fine chemicals will be the two major tasks of the 14th five year plan. It is necessary to shift from factor driven to innovation driven and efficiency driven so as to drive the petrochemical industry into a new round of higher level development. According to Jin Yong, academician of the Chinese Academy of engineering and professor of Tsinghua University, human society has entered the era of resource and energy constraints. The green recycling and low-carbon economic development mode of resource recycling, energy cascade and economical utilization, as well as the innovative development mode relying on advanced science and technology, are urgently needed.
For example, the development of electronic chemistry has brought revolutionary progress to people's life and travel, and is also one of the main directions of future development. At present, people have a deep understanding of the negative impact of science and technology on human society. Only with high-quality development can we give full play to the positive energy of science and technology. Petrochemical industry and chemical industry should improve the development efficiency and quality level to meet the differentiated demand of the market. " Bai Yi, deputy secretary of the Party committee and former vice president of the petroleum and Chemical Planning Institute, said that during the 14th Five Year Plan period, the industry should strengthen the promotion of petrochemical industry, upgrade and promote new coal chemical industry, develop and improve new chemical materials, strive to build a number of leading enterprises with customized services for new materials, and optimize and integrate traditional chemical industry. In the process of implementation, we should increase production capacity and supply quality, adjust structure to promote upgrading, improve the quality of products and enterprises, cultivate new kinetic energy, enhance industrial development potential, adhere to safety and green, promote sustainable development of industry, and integrate into the "one belt and one road" to promote the opening and development of the industry. Sun Qipeng, deputy mayor of Jiaozuo Municipal People's government, said that at present, a new round of global technological and industrial revolution is accelerating, and all walks of life will face unprecedented challenges and opportunities.
As a basic industry of national economy, chemical industry is not only related to economic development and social employment, but also highly related to strategic emerging industries such as electronic information, new materials and new energy downstream of the industrial chain. Therefore, it is the general trend to promote the transformation and upgrading of chemical industry and high-quality development. High quality development is a world change. " Cui Xuejun, President of China Chemical News Agency, said that whether it is between countries or among leading petrochemical enterprises, whether it is iterative upgrading to improve the competitiveness of traditional industries, or seizing the development opportunities of strategic emerging industries in the future, in fact, it is a high-quality development oriented by improving quality and efficiency and enhancing the ability of sustainable development. Therefore, the petrochemical industry should focus on the global market and international competition, and attach great importance to the integrity of China's petrochemical industry chain; focus on the scientific layout of the industry, it is imperative to coordinate the industry and the region; focus on international production capacity cooperation, and promote the global layout of the industry at the right time; focus on the transformation and upgrading of the crucial battle, the institutional advantages of the socialist market economy can not be weakened; focus on long-term governance.
The concept of safety and environmental protection still needs to be sublimated. Li Shijiang, chairman of the company, said that in the process of high-quality development, Dover OpCo has embarked on a technological innovation route of "technology patent, patent standardization and standard internationalization". As the striver of inorganic fluorine chemical industry, the next step will be to pursue the ideological height of political economy, the transformation height of atomic economy and the era height of digital economy, and integrate the three heights to form the core competitiveness of polyfluorocarbons, and gradually realize to let a group of intelligent people operate a smart production line on a smart platform, so as to provide more for the society Smart products and services. The relevant person in charge of the Ministry of ecological environment also introduced the second national survey of pollution sources. Mei Xinyu, researcher of the Research Institute of international trade and economic cooperation of the Ministry of Commerce, and Ren Feng, executive director of Guotai Junan investment bank, respectively interpreted the current international economic situation and trend, and the listing of science and technology innovation board. The conference also focused on "the joint development of the park and enterprises, the high quality development", "the belt and road" industrial opportunities and the investment trend of the chemical industry.
Looking for chemical products? Let suppliers reach out to you!
2026-07-21
-
Functional Ingredients Industry Overview
Collection of Markets for Functional Ingredients in Food & Nutrition and Cosmetics.Published in: Mar. 2026
Trade Alert
Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)
Related News
-
"Zipper-Like" Opening and Closing of Hormuz Coupled with Russian Export Ban Send Energy and Chemical Prices Soaring
-
Global Countries Impose Tariffs on Chinese Chemical Products
-
AUTOMA Chem 2026: Powering Industry 4.0 in Chemistry
-
Chemical Raw Materials: How to Source Quality Suppliers & Understand Grades
-
Big adjustment! Basf quietly closed 11 factories in Germany and transferred to China for plant investment!
-
Fluorine chemical: profit generally declined, under the pressure to expand profit space
-
Chemical production in the 27 EU countries has continued to recover, and the market recovery is still cautious
-
China: The development of green agricultural is the trend, and the future focus is on innovation and quality
-
Bayer: Revenue of 13.765 billion euros( Q1)was in line with expectations
-
The rapidly developing biopesticide market presents both opportunities and challenges
Recommend Reading
-
Natural Color Claims Get Easier
-
FSANZ Advances Caffeine Permission Changes
-
Aldi Expands Its Ingredient Ban
-
FDA Tracks Industry Dye Removal
-
EU Authorises Propionic Acid and Its Salts as Feed Additives Until 2035
-
International Workers' Day Holiday Notice and Service Arrangement
-
ECHEMI × CPHI China Hosted Buyer Meeting Applications
-
ECHEMI X API China Call for Speakers - 2026 Overseas Pharmaceutical Products & Market Trends Conference
-
Wanhua Chemical Announces 2026 Investment Plan: RMB 27.3 Billion for Projects Plus RMB 2.22 Billion for Equity Investments
-
Bullish Factors Remain, May Palm Oil Prices Expected to Rise in China