In recent years, China has accelerated the reform speed of the fine chemical industry. Especially since 2016, in order to promote the development of the industry, the state council and relevant government departments have successively promulgated a series of industrial policies, which have established a good policy environment for the development of the industry and will play a promoting role in the development of the industry in a relatively long period of time.
Source: China business research institute
(1) industrial structure adjustment guidance catalogue (2011 edition, 2013 revision)
In 2011, the National Development and Reform Commission issued the industrial structure adjustment guidance catalogue (2011), in February 2013, adjusted to the related items, including high efficiency, safety and environmental friendly new varieties, new pesticide formulations (water-based formulations, etc.), special intermediates and additives (water-based additives, etc.) as countries such as the development and production of encouraged industries.
(2) outline of the national medium - and long-term program for scientific and technological development (2006-2020)
Promulgated by the State Council in February 2006, "national medium and long-term science and technology development plan outline (2006-2020)", points out that the focus on research and development meet the demand of basic industries of national economy development of high performance composite materials and the preparation technology of large and super large composite structure parts, high performance engineering plastics, light weight, high strength metal and inorganic nonmetal material structure, high pure material, rare earth materials, the petroleum chemical industry, fine chemical and catalytic, separating materials, textile materials and application technology, and has the function of environmental protection and health of green materials.
(3) outline of the twelfth five-year plan for national economic and social development of the People's Republic of China
In March 2011, the outline of the twelfth five-year plan for national economic and social development of the People's Republic of China mentioned that the petrochemical industry should actively explore new ways to diversify raw materials, focus on the development of high-end petrochemical products, accelerate the adjustment of chemical fertilizer raw materials, and promote the upgrading of product quality. The implementation of isopropyl amine, isopropyl alcohol, isopropyl ether and other projects of the company is conducive to promoting the optimization and upgrading of the company's products.
(4) guidelines for the development of petroleum and chemical industries during the 12th five-year plan period
In 2011, the China federation of petroleum and chemical industries issued the guidelines for the development of petroleum and chemical industries during the 12th five-year plan period, which called for the vigorous development of new chemical materials, high-end specialty chemicals, new energy, bio-chemical, energy conservation, environmental protection and other emerging industries.
(5) development plan for petrochemical and chemical industry during the 12th five-year plan period
In December 2011, the petrochemical and chemical industry development plan for the 12th five-year plan formulated by the ministry of industry and information technology mentioned that the supply capacity of domestic petrochemical and chemical products in short supply, including olefin, organic raw materials, synthetic materials, new chemical materials and special chemicals, should be effectively increased. We will accelerate the development of high-end petrochemical products. We will focus on developing high-end petrochemical products, such as new chemical materials, intermediates and new specialized chemicals, which are urgently needed in the national economy, with a view to fostering strategic emerging industries and upgrading traditional industries.
(6) outline of the 13th five-year plan for national economic and social development of the People's Republic of China
In March 2016, the law of the People's Republic of China on the 13th five-year plan for national economic and social development program, pointed out that in the iron and steel, non-ferrous, building materials, railway, electric power, chemical, textile, automobile, communication, engineering machinery, aerospace, shipbuilding and Marine engineering industry as the key point, USES the overseas investment, project contracting, technical cooperation, equipment export, international capacity and equipment manufacturing cooperation, promote equipment, technology, standard, service go out.
(7) guidelines for the development of petroleum and chemical industries during the 13th five-year plan period
In April 2016, the China federation of petroleum and chemical industries (cpec) issued the guidelines for the development of petroleum and chemical industries during the 13th five-year plan period (2016-2020), pointing out that technological upgrading should be carried out in the fields of raw material optimization, energy conservation and consumption reduction to improve the overall development level and economic benefits of enterprises. We accelerated technological upgrading to improve the quality of products. Basic chemical products developed from the industrial level to the electronic, pharmaceutical and food levels. We will speed up the formulation and revision of the cleaner production technology implementation plan and the cleaner production evaluation index system, and carry out the review and verification of cleaner production technology transformation and cleaner production. We will carry out prevention and control of water pollution, carry out clean transformation, and step up efforts to treat difficult-to-degrade wastewater, so as to solve the problem of sewage treatment at the source. We will take the road of diversified and comprehensive utilization and promote the large-scale and high-value utilization of solid waste resources.
(8) development plan for strategic emerging industries during the 13th five-year plan period
In November 2016, the State Council issued the "much starker choices-and graver consequences-in" national strategic emerging industry development planning ", points out that the further development of a new generation of information technology, high-end equipment, new materials, biological, new energy vehicles, new energy, energy conservation, environmental protection, such as digital creative strategic emerging industries, to promote a wider field of new technologies, new products, new forms and new model of vigorous development, the construction of manufacturing powers, to develop modern service industry, provide strong support to build a well-off society in an all-round way.
(9) development plan for petrochemical and chemical industry (2016-2020)
In September 2016, the Ministry of Industry and Information Technology of the petrochemical and chemical industry development planning (2016-2020) ", to transform and upgrade traditional industries, to speed up cultivating chemical new material, break through a number of key core technologies with independent intellectual property rights, to build a strong international presence of well-known brands, the construction of a batch of internationally competitive large chemical companies, high level chemical industry park in petrochemical and chemical industry as the leading industry of new industry demonstration base of industrialization, improve the international competitiveness of petrochemical and chemical industry.
(10) implementation plan of industrialization of key technologies of new materials
In December 2017, the national development and reform commission (NDRC) promulgated the implementation plan for the industrialization of key technologies of new materials, which mainly emphasizes the development of high-end specialty chemicals, such as special chemicals for new-generation lithium ion batteries, electronic gases, photoengraving gums and high-purity reagents.
For more information, please refer to the research report on market situation and investment opportunities of China's fine chemical industry in 2018-2023 released by China business research institute.
