Open cooperation leads the future

On November 4, German Chancellor Scholz led CEOs of BASF, Wacker Chemie and Bayer to visit China.
On the 5th, at the 5th China International Import Expo, petrochemical central enterprises signed large orders with a total of more than 118 billion US dollars with a number of overseas enterprises; On the 8th, the 11th China International Petroleum Trade Conference opened
.
This week, the 13th China International Petroleum and Chemical Industry Conference will also be presented
.
A high level of open cooperation is becoming an important driving force for the high-quality development of
China's petrochemical industry.

Over the years, China has continuously implemented a proactive opening up strategy, built a global-oriented network of high-standard free trade zones, actively expanded imports, relaxed market access, optimized the business environment, comprehensively expanded the breadth and depth of opening up, formed a larger scope, wider fields and deeper opening up pattern, facilitated petrochemical enterprises from all countries to invest in China, and promoted trade and investment liberalization and facilitation
.
The successful holding of the China International Import Expo and the China International Petroleum Trade Conference is to practice the concept of openness and cooperation with practical actions and build a bridge
for communication and cooperation between China and foreign petrochemical industries.
At this year's Expo, energy central enterprises signed more than 81 billion US dollars
.
Among them, Sinopec, which has come to the Expo for five times to "buy", signed a large order of 40.
1 billion US dollars, involving 11 categories and 26 products such as crude oil, chemicals, equipment and materials; PetroChina has signed 30 purchase agreements with 30 partners around the world, with a total contract value of US$16.
79 billion
.

A series of major free trade agreements in China are also progressing in an orderly manner
.
After the Regional Comprehensive Economic Partnership (RCEP) came into full effect, in the first seven months of this year, the total petroleum and chemical import trade between China and RCEP members reached 96.
80 billion US dollars, an increase of 8.
1% year-on-year; During the same period, the total amount of petrochemical products exported was 68.
90 billion US dollars, a year-on-year increase of 26.
1%.

The "circle of friends" of RCEP member countries continues to expand, and the interconnection of regional economic exchanges has brought benefits
to the import and export business of Chinese petroleum and chemical enterprises.

"One flower alone is not spring, a hundred flowers bloom in the spring garden
.
" China's development is inseparable from the world, and world development also needs China
.
China's economy is resilient, full of potential, and has a lot of room for maneuver, and its long-term good fundamentals will not change
.
Facing the future, China is willing to work with other countries to practice true multilateralism, build more open consensus, adhere to green development, expand open cooperation, safeguard the security of energy supply in transition, and jointly overcome the difficulties and challenges facing global economic development.
If China is good, the world is better!