China will become a benchmark for the international petrochemical market
After the baptism of the financial crisis, the rapidly recovering Chinese market is becoming a new wind indicator for the global petroleum and petrochemical industry. The reporter learned from the industry that in the coming months, a large number of international petrochemical giants will gather in China. The sign is that a series of large-scale international oil and petrochemical exhibitions will be held one after another. As an industry barometer, the exhibition has been active in China since the financial crisis and shows that the world has regarded the Chinese market as the key to getting out of the crisis.
Just the day before yesterday, the 9th China Xinjiang International Petroleum and Natural Gas Technology and Equipment Exhibition sponsored by the Xinjiang Autonomous Region Government was opened in Xinjiang. As the central government held a working conference in Xinjiang this year and decided to expand Xinjiang's opening up and take the lead in piloting resource tax reforms in the region, the exhibition held under this background was given more connotations. The number of domestic and foreign exhibitors it attracted also hit a record. Sub-regional records.
In a month and a half, the cippe oil exhibition, which is the world’s four largest and Asia’s largest top oil show, will again land in Shanghai. Due to being viewed overseas as an important observation point for judging the global petrochemical market, this exhibition has attracted a large international team and unprecedented scale. More than 1,000 companies and agencies from the Middle East oil production area, the Americas oil production area, and the North Sea oil production area want to use this to branch out to the Nuggets, and the Organizing Committee has as many as 100,000 accurate data lists for buyers.
“This year, a large number of new international faces emerged at the cippe oil exhibition, which means that more and more international oil and petrochemical giants have generated unprecedented interest in the Chinese market, and China’s significance in the global petrochemical industry has also continued to highlight. Zhao Zhiming, executive vice chairman of the China Petroleum and Chemical Equipment Industry Association, told this reporter.
Also in September was the 10th China International Chemicals Exhibition and 2010 China International Petroleum and Chemical Congress. According to Zhao Jungui, vice president of the China Petroleum and Chemical Industry Federation, the domestic petrochemical industry picked up momentum under the boost of the national 4 trillion investment and adjustment and revitalization plan of the petrochemical industry. This exhibition has attracted more overseas companies than ever before. It also proves that the Chinese market is getting more and more attention.
Not only that, the 8th International Offshore Oil and Gas Exhibition will also be held in Shanghai in the second half of the year. It not only fills the gaps in the Pacific West coast where there is no top-tier oil show, but is expected to compete with the World’s No. 1 naval oil exhibition OTC in the future. .
“The continuous expansion of related industry exhibitions shows the strong development momentum and huge market potential of China's oil and petrochemical industry.†Zhao Zhiming said.
According to statistics from the China Petroleum and Chemical Industry Federation, from January to May this year, the total output value of China's petrochemical industry grew by 43.6% year-on-year; the total import and export trade volume of the petrochemical industry was US$180.522 billion, an increase of 66.2% year-on-year.
However, Zhao Jungui also mentioned to reporters that China's petrochemical industry is faced with the problems of “big but not strong,†“fast but not perfect,†and “lack of international right to speak.†This is not consistent with China’s position as the second largest petrochemical country in the world. He hoped that the exhibition would promote the structural adjustment and industrial upgrading of the domestic petrochemical industry.
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