Petrochemical giants focus on new industry momentum

[China Epoxy Network (China Epoxy Industry Online)September 19, 2016: "New products that have been affected by multiple factors such as low oil prices, overcapacity, insufficient demand, increased environmental constraints, etc.
Under normal circumstances, creating new competitiveness and discovering new driving forces for industry progress is the top priority.
Chinese companies should speed up going global, deeply implement innovation-driven and green sustainable development strategies, and move from'manufacturing' to'intelligent manufacturing'; foreign companies should grasp Housing opportunities come in and increase investment in China.
” On September 14, at the 2016 China International Petrochemical Conference held in Shanghai, Chinese and foreign chemical giants were working on the theme of “Adapting to the New Normal, Looking for New Kinetic Energy and Creating New Competitiveness”.
A consensus was reached at the leadership forum.
Li Shousheng, President of the China Petroleum and Chemical Industry Federation, pointed out that the industry operation from January to July shows that under the new normal, China’s petroleum and chemical industries have generally achieved the development goal of “progress while maintaining stability”, with factor input and capital input.
The traditional development momentum has gradually weakened, and innovation-driven, green development, deepening reforms, and opening up constitute new momentum for industry development under the new normal, and the quality of industry development has improved significantly.

He believes that during the "13th Five-Year Plan" period, China's economy is still in a period of promising strategic opportunities, and it is also an important window period for the petrochemical industry to leap from large to strong.