Scienza e Tecnologia
Canton Fair 2022: China's Sustainable Chemical Industry Gathers Great Momentum Thanks to Intelligent Manufacturing
Thanks to the implementation of the 14 Five-Year Plan Development Guideline for Petroleum and Chemicals and the Long-Range Objectives through the Year 2035, China's basic chemicals industry reaches a tipping point for crucial changes, and high-end, green chemical products become a new trend. A number of key technologies for new chemical materials and high-end chemicals, such as POE and environmental-friendly catalysts, have been developed and obtained patents, breaking foreign monopolies.
The Canton Fair is a world-renowned comprehensive trading event, bringing together Chinese chemical brands and global buyers. The past sessions have witnessed a large number of transactions on high value-added chemical products, special products and brand products, such as silicone, adhesives, special coatings, and plastic products, which buyers favor. Chemical manufacturers with strong R&D and innovation capabilities are thriving with considerable turnover.
Accelerated industrial upgrading is also bringing new opportunities to China's chemical industry. According to CINIC, China's petrochemical industry reported a revenue of RMB14.45 trillion in 2021, up 30% year-on-year; total profits of RMB1.16 trillion , up 126.8%; total imports and exports of US$860.08 billion , up 38.7% compared with last year.
Maggie Pu , Deputy Director General of the Foreign Affairs Office of the Canton Fair, says that Canton Fair has been promoting "Intelligent Manufacturing in China " to the international arena. As with the "Carbon Peak and Carbon Neutrality" strategy, this year's Canton Fair will continue to encourage chemical exhibitors to showcase more of their latest "green chemicals" and "high-end intelligent" products, enabling global buyers to share opportunities in China and benefits of green development.
Visit https://www.cantonfair.org.cn/en-US/register/index#/foreign-email for more opportunities.