Seven department requirements: The growth rate of added value in the petrochemical and chemical indu

According to the official website of the Ministry of Industry and Information Technology, in order to promote the comprehensive implementation and effectiveness of the State Council's package of policies and follow-up measures to stabilize the economy, promote the stable operation of the industry, and accelerate high-quality development, seven departments including the Ministry of Industry and Information Technology and the National Development and Reform Commission have issued the "Work Plan for Stable Growth in the Petrochemical and Chemical Industry" (hereinafter referred to as the "Plan").

The petrochemical and chemical industry is a fundamental and pillar industry of the national economy, with a large economic output and high industrial correlation, which is related to stable industrial growth and stable economic operation. The "Plan" requires that the petrochemical and chemical industry maintain stable growth from 2023 to 2024, with an average annual industrial value-added growth rate of about 5%. The industry maintains stable growth, with an average annual growth rate of industrial added value of around 5%. In 2024, the main business revenue of the petrochemical and chemical industry (excluding oil and gas extraction) reached 15 trillion yuan, with ethylene production exceeding 50 million tons and fertilizer production (converted to pure volume) stabilizing at around 55 million tons.

The plan requires expanding effective investment and promoting high-end, green, and intelligent development. To promote the construction of major projects and promote the completion and operation of more than 5 major petrochemical projects under construction by the end of 2024; Intensify technological transformation efforts; Promote intensive and concentrated development.

At the same time, the Plan points out that enriching high-quality supply and activating the release of consumption potential. Carry out industry "three product" actions; Implement the action of strengthening the industrial chain foundation. We also need to stabilize foreign investment and foreign trade, and promote higher levels of open cooperation. Actively expanding the international market; Strengthen international production capacity cooperation.

In addition, the Plan requires strengthening the supply of factors to ensure the smooth operation of production. To improve the level of guarantee for key elements; Ensure the supply of fertilizer production. To stimulate the vitality of enterprises, it is necessary to build a solid foundation for overall support. Give full play to the role of backbone enterprises as the main force; Give full play to the role of small and medium-sized enterprises in supplementing, stabilizing, and strengthening the chain.