(a) The economic scale goes up again and the total amount of chemical industry is the largest in the world. In 2010, the industry's total output value reached 8.88 trillion yuan, of which the chemical industry output value reached 5.23 trillion yuan, according to exchange rate calculations have exceeded 770 billion US dollars, surpassing the United States (73.4 billion US dollars), the total chemical and economic output ranked first in the world. However, the problem of “big but not strong†is outstanding. Compared with the developed countries and regions such as the United States, Europe, and Japan, there is still a big gap in industrial concentration, overall production technology, and technological innovation.
(II) The level of technology and equipment has been continuously improved and the competitiveness has been significantly enhanced. At present, China's oil and chemical industry has more than 40 kinds of product output ranks first or second in the world. After years of hard work, the level of technology and equipment has increased dramatically, and some of them are in the forefront of the world. The level of localization of key equipment for ethylene in China has been greatly improved, and it has for the first time achieved a breakthrough in the domestic production of ethylene package technology and general contracting for engineering design. The level of new coal chemical industry and large-scale chemical fertilizer equipment is also in a leading position in the world.
(III) The economic structure continued to be optimized, and the proportion of chemical industry steadily increased. In recent years, as the industrial restructuring of the petroleum and chemical industries has increased, the proportion of upstream resource-based industries in economic growth has gradually declined, and the proportion of downstream technology-intensive industries has risen. In 2010, the proportion of the output value of the chemical industry rose to 59%, which was 5% higher than in 2008. In the chemical industry, the proportion of specialty chemicals and synthetic materials in economic growth is on an upward trend, while the industries such as basic chemical raw materials and chemical fertilizers are on a downward trend.
(4) The overall growth rate of investment slowed down, and the proportion of investment in the chemical industry continued to increase. In 2010, investment in the petroleum and chemical industries increased by 13.8% year-on-year, far below the increase in urban investment during the same period. Investment in the chemical industry accounted for 62.7% of the entire industry, up by 1 percentage point over the previous year and up by about 5.5 percentage points over 2008. In the chemical industry, the proportion of investment in specialty chemicals continues to expand, while the proportion of investment in basic chemical raw materials continues to shrink.
(5) The price increase gradually slowed down, and the connection between production and sales was basically smooth. In 2010, the total price level of the petroleum and chemical industries rose by 16.1% year-on-year, of which oil and gas extraction, refining industry and chemical industry rose by 37.8%, 18.3% and 7.4% respectively. The overall production and sales of the entire industry converged smoothly, and the product sales rate was 98.3%, which was basically the same as the previous year. Among them, the production and sales ratio of the chemical industry was 97.8%, the production and sales rate of the oil and gas exploration industry was 99%, and the production and sales ratio of the oil refining industry was 99.3%.
(6) Foreign trade has grown substantially, and the export structure has continued to adjust. In 2010, with the frequent occurrence of international trade friction and the prevalence of trade protectionism, the total import and export volume of the petroleum and chemical industries hit a record high, an increase of 40.3%. Among them, imports and exports increased by 42.3% and 35.7% respectively. The export structure continues to adjust. The share of resource-based products such as rubber products and inorganic chemicals in export trade is on a downward trend, while the proportion of products with higher technological content, such as specialty chemicals, is increasing.
(II) The level of technology and equipment has been continuously improved and the competitiveness has been significantly enhanced. At present, China's oil and chemical industry has more than 40 kinds of product output ranks first or second in the world. After years of hard work, the level of technology and equipment has increased dramatically, and some of them are in the forefront of the world. The level of localization of key equipment for ethylene in China has been greatly improved, and it has for the first time achieved a breakthrough in the domestic production of ethylene package technology and general contracting for engineering design. The level of new coal chemical industry and large-scale chemical fertilizer equipment is also in a leading position in the world.
(III) The economic structure continued to be optimized, and the proportion of chemical industry steadily increased. In recent years, as the industrial restructuring of the petroleum and chemical industries has increased, the proportion of upstream resource-based industries in economic growth has gradually declined, and the proportion of downstream technology-intensive industries has risen. In 2010, the proportion of the output value of the chemical industry rose to 59%, which was 5% higher than in 2008. In the chemical industry, the proportion of specialty chemicals and synthetic materials in economic growth is on an upward trend, while the industries such as basic chemical raw materials and chemical fertilizers are on a downward trend.
(4) The overall growth rate of investment slowed down, and the proportion of investment in the chemical industry continued to increase. In 2010, investment in the petroleum and chemical industries increased by 13.8% year-on-year, far below the increase in urban investment during the same period. Investment in the chemical industry accounted for 62.7% of the entire industry, up by 1 percentage point over the previous year and up by about 5.5 percentage points over 2008. In the chemical industry, the proportion of investment in specialty chemicals continues to expand, while the proportion of investment in basic chemical raw materials continues to shrink.
(5) The price increase gradually slowed down, and the connection between production and sales was basically smooth. In 2010, the total price level of the petroleum and chemical industries rose by 16.1% year-on-year, of which oil and gas extraction, refining industry and chemical industry rose by 37.8%, 18.3% and 7.4% respectively. The overall production and sales of the entire industry converged smoothly, and the product sales rate was 98.3%, which was basically the same as the previous year. Among them, the production and sales ratio of the chemical industry was 97.8%, the production and sales rate of the oil and gas exploration industry was 99%, and the production and sales ratio of the oil refining industry was 99.3%.
(6) Foreign trade has grown substantially, and the export structure has continued to adjust. In 2010, with the frequent occurrence of international trade friction and the prevalence of trade protectionism, the total import and export volume of the petroleum and chemical industries hit a record high, an increase of 40.3%. Among them, imports and exports increased by 42.3% and 35.7% respectively. The export structure continues to adjust. The share of resource-based products such as rubber products and inorganic chemicals in export trade is on a downward trend, while the proportion of products with higher technological content, such as specialty chemicals, is increasing.
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