Our main exports include various chemical products, such as surfactants, oxides, organic substances, inorganic salts, petrochemicals, food additives, and fertilizers.
China's chemical industry import and export trade has grown explosively from 2017 - 2023, with the total value rising from $504.6 billion to over $1.1 trillion at an average annual rate of 15%. The import amount was close to $900 billion, mainly energy - related products, while the export exceeded $240 billion, mainly products with homogeneous characteristics facing domestic consumption pressure. The growth of import trade is driven by high demand for energy products, the low - carbon energy trend, increased demand for new materials and new energy chemicals, and the demand - supply mismatch. The export trade shows positive growth in the market, concentrated export varieties (e.g., oil products, polyesters), and the Southeast Asian market is crucial, accounting for about 24% of total exports.
In the current global economic landscape, the chemical industry is undergoing profound changes. Our country is the world's largest producer of chemical products, facing challenges and opportunities. Industry macro policies emphasize accelerating petrochemicals and new materials, bringing benefits to the chemical industry. Sub - sectors like inorganic chemistry, new materials, and new - energy - related chemicals have stronger growth expectations, and concerns about energy consumption control and environmental standards have eased. The industry is in a critical transformation, focusing on new processes and devices and promoting digital transformation. Against the backdrop of carbon peak and neutrality, it is moving towards green, low - carbon, and sustainable directions. Synthetic biology - driven biomanufacturing technology creates new industrial ecosystems, and circular - economy new technologies promote closed - loop recycling of chemical materials and comprehensive green and low - carbon transformation.
The chemical industry is in a critical transformation and upgrading stage, with technological innovation, green development, and policy compliance as core concerns. Pengyuan Chemical Enterprise shared views on industry trends and introduced response measures. The enterprise's relevant person - in - charge said the industry faces transformation pressure and upgrading opportunities. It needs to focus on "cooperation" and "innovation", break single - development barriers, strengthen collaboration, increase core - technology investment, and balance economic and environmental benefits. To align with policies, the enterprise promotes practice from green production, compliant operation, and innovation - driven dimensions. It optimizes production processes, introduces eco - friendly technologies for green production, establishes a full - process safety management system for safety production, and combines R & D with policy orientation for innovation - driven development. The enterprise will keep an eye on policies, adjust strategies, and hopes to work with partners to promote the industry towards a greener, more efficient, and sustainable future.
