China's Total Economic Output In 2010 Over The U.s. Chemical Industry Ranks First In The World

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According to NDRC website news, 2010, higher level of economies of scale, the chemical industrial output value reached 5.23 trillion yuan,fine chemicals supplier, surpassing the United States ranks first in the world.

It is reported that in 2010, China's petroleum and chemical industry output value reached 8.88 trillion yuan, of which the chemical industry output value reached 5.23 trillion yuan, calculated at the exchange rate has exceeded 770 billion U.S. dollars, surpassing the United States (734 billion U.S. dollars), total economic output jumped chemical first in the world. But "big but not strong," a prominent problem in the United States, Europe and Japan and other developed countries and regions than in industrial concentration, the overall production technology and technical innovation, there are still a big gap.

At present, China's petroleum and chemical industry output of more than 40 kinds of products the first or second place in the world. Over the years, significantly improve the level of technical equipment, some in the world. In addition, the localization of key equipment of the level of ethylene is also greatly improved,Musk R-1 price, and the first time in ethylene technology and engineering design sets the localization of contracting breakthrough. New coal chemical industry and large-scale technical equipment level of fertilizer is a world leader.

Meanwhile, China's petroleum and chemical industry a substantial increase of foreign trade, continue to adjust the export structure. In 2010,CAS 3391-83-1, frequent frictions in international trade, trade protectionism under the prevailing circumstances, the total import and export of petroleum and chemical industry grew by a record 40.3%. Including imports, exports increased by 42.3% and 35.7%. Continue to adjust the export structure. Rubber products, inorganic chemicals and other resource-based products in the export trade in the proportion of a downward trend, while the specialty chemicals and other products with higher technology content, proportion of exports on the rise. Source: http://www.mhcfm.com


About the Author:
MHC INDUSTRIAL CO., LTD.



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