This year, the import and export of China's petroleum and chemical industries is expected to exceed trillion US dollars

At the 2022 China International Petrochemical Conference held on November 17, Li Yunpeng, Secretary of the Party Committee of the China Petroleum and Chemical Industry Federation, said that as of the end of September this year, the industrial added value of the whole industry of China's petroleum and chemical industry has maintained growth for three consecutive years, the scale of revenue and total profit have reached a record high, and the operating income of enterprises above designated size has exceeded 12 trillion yuan, and it is expected to exceed 15 trillion yuan throughout the year; The total profit is nearly one trillion yuan, and it is expected to reach 1.
1 trillion yuan
for the whole year.
Compared to 2019, operating income and profit increased by approximately 22% and 80%,
respectively.

The performance of imports and exports is even more outstanding
.
Li Yunpeng said that especially import and export trade, on the basis of the 38.
7% year-on-year increase in total import and export in 2021, continued to maintain a high growth of 27.
4% in the first three quarters of this year, which has become an important support
for the rapid recovery of the industry since the epidemic and the growth of the world's petrochemical industry.
Among them, the import value increased by 37.
1% in 2021 and 27.
2%
in the first three quarters of this year.
The total import and export volume of the whole industry is expected to exceed trillion US dollars in 2022, which is expected to increase by nearly 40%
compared with 2019.

In the first three quarters of this year, multinational companies represented by BASF, ExxonMobil and Saudi Aramco invested and built a large number of high-quality foreign-funded projects in China
.

Li Yunpeng proposed to strengthen pragmatic cooperation in the field of energy resources, in-depth cooperation in green transformation, industrial chain coordination, "Belt and Road" joint construction cooperation and world petrochemical market standardization cooperation
.