The chemical industry will benefit from the domestic domestic demand market

Recently, the state has intensively introduced a series of policies to expand domestic demand. These measures have led to the construction of a number of people's livelihood projects and infrastructure, which have also brought huge demand for chemical products.
According to the report of the China Chemical Industry News on December 3, in the past month, the state has intensively introduced a series of policies to expand domestic demand, and it has been able to deal with the international financial crisis and maintain domestic economic growth. This can be described as a relief for some industrial sectors. These measures, while stimulating domestic demand, also benefit the chemical industry in many ways.
First, the construction of national economy and people's livelihood projects will provide a broad market for the chemical industry. The chemical industry chain has a wide range of industrial linkages from the initial processing of raw materials such as crude oil and coal to daily commodities that are directly related to people’s lives. The measures to expand domestic demand have involved a wide range of investments. The resulting demand has undoubtedly brought a huge market to the chemical industry. In addition, the upstream and downstream links of the chemical industry chain are closely linked, and supply and demand are closely related. The investment benefit trend of related industries will extend along the industrial chain upward and downstream.
Secondly, the continuous improvement of infrastructure is conducive to the development of chemical logistics. According to central decision-making, in the fourth quarter of 2008, China had newly arranged a central government investment of 100 billion yuan for major projects involving the protection of people's livelihood, strengthening of infrastructure, and optimization of public services. Among these projects are the acceleration of major infrastructure such as railways, highways and airports. With the continuous completion of transportation infrastructure, the transportation of materials in the chemical industry will become more convenient. This will effectively increase the closeness of regional links and increase the efficiency of logistics. The transportation costs of enterprises will also be reduced.
Secondly, the investment in energy conservation and emission reduction has increased, and the sustainable and healthy development of the chemical industry has been strengthened. Zhang Ping, director of the National Development and Reform Commission, emphasized that the expansion of domestic investment projects does not include the "two high and one capital" project. Subsequently, Wu Xiaoqing, vice minister of the Ministry of Environmental Protection, proposed that the Ministry of Environmental Protection will strictly control high-energy-consumption, high-emission, and high-pollution construction projects and open up a "green channel" for stimulating domestic demand. Recently, the Ministry of Environmental Protection has suspended the approval of six chemical and thermal power projects. In addition, energy conservation and emission reduction projects have received key support. Fujian Province has recently issued the “Guidance on Financial Support for Energy Conservation and Emission Reduction in Fujian Province”, which will focus on the development of R&D and production of circular economy, energy conservation and environmental protection products, and the construction of energy saving and emission reduction technology service systems. , Energy conservation and emission reduction projects to provide financial support for the construction and transformation.
In addition, investment by the central government to stimulate local investment in expanding domestic demand projects will help expand the scale of the chemical industry with local characteristics. Recently, in order to realize the development plan for the establishment of a national petrochemical industrial base in Binhai New Area, Tianjin plans to invest 65 billion yuan to build a high-level Bohai Chemical Industry Park, and be the first in the country to build a modern industrial and production base with close integration of marine chemicals, petrochemicals, and coal chemical industry. 48 projects with a total investment of 12 billion yuan in Jinshan District of Shanghai started construction, involving areas such as fine chemicals, new materials, petrochemical equipment, and biomedicine, and the annual added production value was more than 20 billion yuan.
The impact of expanding the new package of domestic demand on the chemical industry has been positive and far-reaching. Some projects have received financial support and the external environment for development has been optimized. At the same time, the construction of people's livelihood projects and infrastructure has also brought huge demand for chemical products. With the export of chemical products being blocked, China's huge domestic demand market provides a platform for the chemical industry to resist the crisis.

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