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The trend of the petrochemical industry is closely related to the country’s macroeconomic situation. Over a period of time, the national economic situation has stabilized and the positive factors and favorable conditions have increased. The effect of the package of the central government's response to the international financial crisis has become increasingly apparent. In order to consolidate and develop a good economic situation, the country unswervingly implements a proactive fiscal policy and a moderately easy monetary policy, fully implements the package plan of the central government to deal with the international financial crisis, and enriches and improves policies according to changes in the situation and discovers in a timely manner. And to solve the problem of sexuality, to further enhance the relevance, effectiveness, and sustainability of macroeconomic policies. Experts predict that the economic situation in China will continue to improve in the third quarter under the external environment where the global economy is still in a difficult and stable situation.
The continuous improvement of the macroeconomic situation and the effective implementation of the adjustment and revitalization plan for the petrochemical industry are the prerequisites for the further development of the petrochemical industry. At present, the petrochemical industry must be good at grasping favorable opportunities, implement the adjustment and revitalization plan for the petrochemical industry, and strive to overcome the adverse factors, ensure the smooth operation of the industry, speed up the transformation of the development mode, and promote industrial upgrading. , enhance development stamina.
Specifically, in the adjustment of product structure, it is necessary to optimize the allocation of resources, reduce production costs, increase the proportion of medium-to-high-grade products, promote product upgrading, increase effective supply capacity, and meet market demand; in terms of technological innovation and technological innovation, it is necessary to increase The introduction of technological digestion and absorption, the enhancement of technological transformation, the promotion of technical systematization and integration, the enhancement of key and cutting-edge technology research and development, and enhancement of independent innovation capabilities; in terms of industrial layout, while accelerating the construction of major projects, it is necessary to strictly control small scale, High-consumption, high-pollution projects, strengthening of external resource cooperation, and promotion of industrial centralized deployment and intensive development; In the aspect of overseas business expansion, large domestic oil enterprise groups should make use of current favorable opportunities to actively go out.
The monitoring results of the SINOPEC’s industrial climate index show that the third quarter of the petrochemical industry’s economy is gradually out of the doldrums, and is expected to increase from the fourth quarter to the first half of next year, with the gradual recovery of the world economy and a series of macroeconomic policies of the country. The general economic conditions of the petrochemical industry will gradually improve, and the industry is expected to re-enter the normal track.
At the same time, we also need to note that petrochemical industry development will still face certain degree of difficulties and uncertainties in the next few months. For example, domestic consumer demand is still weak, international oil market volatility is significant, and petrochemical products exports are still weak. Wait.
Looking at various factors, the petrochemical industry will only need to change pressure to motivate, turn challenges into opportunities, strengthen confidence, and overcome difficulties, resolutely implement the petrochemical industry restructuring and revitalization plan, actively carry out industrial structure and product structure adjustments, and introduce and digest And absorb advanced foreign technology, improve technological innovation capabilities, resolutely eliminate backward production capacity, increase product technology content and added value, and strive to enhance the competitiveness of the international market, the petrochemical industry will certainly enter a new stage of scientific, sustained, stable and healthy development.
From the perspective of the major economic indicators of the industry in the third quarter, the economic conditions of the petrochemical industry have gradually recovered. The pace of recovery of the oil industry has accelerated markedly, and many key indicators have seen double-growth year-on-year growth and year-on-year growth. Although the chemical industry is still affected by some unfavorable factors such as the downturn in the external demand market, the industry has also shown a gradual upward trend. It should be pointed out that the problems and difficulties encountered by the petroleum industry and the chemical industry are different. The speed and strength of their stabilization and recovery will be different, but there is an interdependent industrial chain transmission relationship between the two. Split open.
May 12, 2021