Seven departments: By 2029, all the tasks related to the upgrading and renovation of old petrochemical plants that were identified in 2025 across various regions shall be fully completed

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Seven departments: By 2029, all the tasks related to the upgrading and renovation of old petrochemical plants that were identified in 2025 will have been completed across the country. According to a report by Southern Finance on April 3, seven departments including the Ministry of Industry and Information Technology have issued the \"Action Plan for Accelerating the Upgrading and Renovation of Old Petrochemical Plants (2026–2029)\". It is proposed that by 2029, all the tasks related to the upgrading and renovation of old petrochemical and chemical plants that were identified in 2025 will have been completed across various regions. The new upgrading and renovation projects identified after 2026 will be carried out as planned, resulting in a significant reduction in the safety and environmental risks associated with these old plants. Positive progress will be made in reducing pollution and carbon emissions, the proportion of production capacity that meets benchmark standards will increase significantly, and the levels of intelligence and sustainability in these industries will improve greatly. The long-term working system for annual rolling assessments and continuous improvement is being continuously strengthened, with standards playing a guiding role and synergistic effects of policies being further utilized.