echemi logo
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > China Chemical > Five new opportunities for the development of China's petroleum and chemical industries

    Five new opportunities for the development of China's petroleum and chemical industries

    • Last Update: 2022-06-28
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit

      At present, the globalization process of the world chemical industry is undergoing changes in a century of great changes.
    Asian chemical clusters are rising rapidly, with a huge market scale and active innovation capabilities.
    On September 6th, at the "Science and Innovation Month" Petrochemical Industry Development Forum at the Science and Technology Innovation Port in Western China, Li Shousheng, President of the China Petroleum and Chemical Industry Federation, pointed out that at present, the development of China's petroleum and chemical industry has ushered in new opportunities.
    First, the launch of new national infrastructure projects will strongly stimulate market demand for energy, new chemical materials, electronic chemicals, basic chemical raw materials, coatings, and rubber products.
    The second is to accelerate the transformation and upgrading of the internal structure of the petrochemical industry to make up for shortcomings, increase technological research and development and innovation, and breakthroughs will be made in some commanding heights.
    The third is the rapid advancement of green development and digitalization.
    The industry must focus on promoting the construction of a green manufacturing system, resolutely win the battle of pollution prevention and control, and strengthen environmental protection technology support.
    At the same time, we must seize the new opportunities given by industrial digitization and digital industrialization, promote the deep integration of the Internet, big data, artificial intelligence and the real economy, and actively promote the digital transformation of the industry.
    The fourth is to create a new dual-cycle pattern in the domestic and international markets.
    Countries along the “Belt and Road” not only need to import Chinese chemical products such as fertilizers, pesticides, and tires, but also need Sinopec's equipment, technology and services to cooperate on a larger scale.
    The fifth is to cultivate "leading" enterprises and chemical parks.

      Li Shousheng said that under the changing circumstances, the focus and direction of the innovation and development of the world chemical industry have also been adjusted.
    The breakthrough of new energy technologies and new energy technologies is creating a long-term coexistence of traditional energy, emerging energy, energy storage technology and intelligent control technology.
    , A diversified new era of harmonious development; the research of new chemical materials is creating new breakthroughs in new structures and new functions; environmental chemistry is creating a new realm of green chemistry and circular economy; modern coal chemical industry is creating efficient and clean utilization of coal and differentiated development New ways; agrochemicals are creating new intelligence for precise supply on demand; life sciences are creating a new system of molecular levels and gene proteins.
    (Meng Fanjun)

    Transfer from: China Industry News Network

      [Copyright and Disclaimer] All copyrighted works belonging to this website must be authorized when reprinting and indicate the source "China Industrial Economic Information Network".
    Offenders of this website will reserve the right to pursue relevant legal responsibilities.
    Any reprint of articles and corporate publicity information only represents the author's personal views, and does not represent the views and positions of this website.
    For copyright matters, please contact: 010-65363056.

    Further reading

    This article is an English version of an article which is originally in the Chinese language on and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to with relevant evidence.