On August 4, 2015 China Petroleum and chemical industry economic situation analysis will be held in Harbin. Will post information on the show, overall smooth economic operation in the first half, appeared to be significant positive changes, but to the good situation is shaky. Situation in the second half of the complex, sector recovered well to overcome a lot of difficulties. Expected around 2015, oil and chemical industry, the main business income of 14.2 trillion yuan, an increase of about 1%; total profits of about 755 billion yuan, down by about 5%.
China Petroleum and chemical industry association, Executive Vice President and Party Secretary Li Shousheng introduces industry overall smooth economic operation in the first half, the industry value added grew 8.8% to achieve sales of 6.35 trillion yuan, down 5.7%; total profits 313.21 billion yuan, down 25%; 979 billion yuan of fixed assets investment, an increase of 2.6%; total trade US $ 265.3 billion, down 21.7%, which exports $ 89.7 billion, Down 3.9%.
Li Shousheng analysis, oil and chemical industry is facing sluggish demand growth, investment fell sharply, industry heavy taxation, benefits decline was larger in the upper reaches, and so on. In particular, the cumulative growth in fixed assets investment, only 2.6%, and hit a record low. Sharp decline in investments, serious shortage of power, will have a very great negative impact on the future development of the industry.
However, the industrial economic operation there are many favorable conditions in the second half, one is the "steady growth" policy to continuously strengthen and intensive series of initiatives introduced recently, market activity to further enhance; the other is economies of scale start to stabilise, industrial added value of stabilization and recovery, and maintained steady and rapid growth of Community consumption; the third is the industry decline in general price level continued to shrink, warming trend of the market.
Li Shousheng emphasized the promote enterprise good positive factors for the development of the industry continue to accumulate, the new engine of growth is speeding up the formation, which must have confidence. Li Shousheng requirements full industry further condensed reform, and development and transformation upgrade of consensus, to improve industry development quality and benefits for Center, insisted stability in the seeking into, and reform innovation, efforts do develop market, and adjustment structure, and innovation development, and drop this increased effect, focus work, active adapted grasp new normal, playing good "Twelve-Five" ending of service, ensure full completed annual industry economic run target.
Petrochemical three Li Yongwu, President of the Council of the Federation said that enterprises need to recognize technical innovation is enterprise transformation and upgrading, out of essential conditions must also be recognized that the long-term and arduous nature of technology innovation. Transformation and upgrading of all structural adjustment practice early, fast company and the industry later benefit will be better than the other companies and industries.