In the current global economic landscape, the chemical industry, as a basic sector, is undergoing profound changes. Our country has become the largest producer of chemical products globally, but it also faces numerous challenges and opportunities.

From the perspective of industry macro policies, the National Energy Administration and the Industrial and Information Technology Ministry have emphasized accelerating the advancement of petrochemicals and new materials.

The policy orientation of industrial upgrading has brought substantial benefits to the development of the chemical industry. Under the guidance of this policy, sub-sectors such as inorganic chemistry, new materials, and chemicals related to new energy have been given stronger growth expectations. At the same time, concerns about stricter energy consumption control and environmental standards have eased,

The chemical industry is currently undergoing a critical transformation. On the one hand, the development of new processes and devices is becoming a focus; on the other hand, promoting digital transformation with the help of technology is also urgent. Against the backdrop of global carbon peak and carbon neutrality, the chemical industry is accelerating its transition towards green, low-carbon, and sustainable directions. For example, synthetic biology-driven biomanufacturing technology, with innovations like gene editing and enzyme engineering, enables renewable raw materials and low-carbon production, giving rise to new industrial ecosystems in medicine, materials, energy, etc. New technologies in circular economy also aid in achieving closed-loop recycling of chemical materials, effectively promoting comprehensive green and low-carbon economic and social transformation.