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On April 28, the China Petroleum and Chemical Industry Federation held the 15th National Symposium on the Petroleum and Chemical Industry in Qinzhou, Guangxi. At the meeting, local industry associations represented by Liaoning Province, Jiangsu Province, Henan Province, Hunan Province, Guangdong Province, and Shandong Province, along with relevant officials from **departments, reviewed the economic conditions in their respective provinces and put forward development strategies for the petrochemical industry during the 14th Five-Year Plan period, taking into account the characteristics of each region. This year marks the beginning of the 14th Five-Year Plan period. Under the current circumstances, how will the petrochemical industries in various provinces plan their development for this period, taking into account their own characteristics? On this topic, Zhao Weijian, president of the Jiangsu Chemical Industry Association, said that after making adjustments during the 13th Five-Year Plan period to focus on improving quality rather than just quantity, Jiangsu’s chemical industry will gradually enter a stage of high-quality development centered on improvement during the 14th Five-Year Plan period. According to the draft plan for the development of Jiangsu’s manufacturing industry during the 14th Five-Year Plan period, Jiangsu’s chemical industry will focus on safety, environmental protection, and improved quality in its development. Zhou Zitian, Secretary-General of the Guangdong Petroleum and Chemical Industry Association, said: “Guangdong’s reform and development are taking place amid a period of overlapping policy effects, including the implementation of the Belt and Road Initiative, the development of the Guangdong-Hong Kong-Macao Greater Bay Area, efforts to support Shenzhen in becoming a pilot zone for socialism with Chinese characteristics, and the establishment of a development model centered on a domestic economic cycle supplemented by an international one. All these factors are highly conducive to promoting the transformation, upgrading, and high-quality development of the province’s petrochemical industry.” ” Chai Lirong, secretary-general of the Liaoning Province Petroleum and Chemical Industry Association, pointed out that the industrial structure in Liaoning Province is facing arduous challenges at present. By examining the proportion of various sub-sectors within the province’s petrochemical industry as well as its economic performance, it can be seen that the industry structure in Liaoning, which emphasizes oil production over chemical manufacturing, has a significant impact on the quality and efficiency of development in this sector. Therefore, it is both necessary and urgent for Liaoning Province to adjust its industrial structure. Chai Lirong also mentioned that at present, there is a significant disparity in the size of industrial parks in Liaoning Province. While a few parks are developing into ** and international-level petrochemical hubs, the vast majority of parks are relatively small, with low industrial concentration, and signs of homogeneous competition are beginning to appear. A relevant official from the Hunan Provincial Department of Industry and Information Technology said that in the current process of identifying chemical industrial parks, the situation varies from province to province; in provinces with strong chemical industries such as Shandong and Jiangsu, efforts are being made to identify existing chemical parks in order to eliminate those that do not meet the required standards. However, for provinces with a small scale in the chemical industry and most provinces in the Yangtze River basin, it involves approving new batches of chemical industrial parks to support the relocation and transformation of chemical enterprises along the river. The recognition of industrial parks differs from that of newly approved ones, so it is not possible to establish a unified recognition method. After listening to the representatives’ speeches, Fu Xiangsheng, vice president of the Petrochemical Federation, summarized the common issues existing in the petrochemical industry across various regions at present. He pointed out that the development trajectory of China’s petrochemical industry during the 14th Five-Year Plan period will still be centered on high-quality development, and for this industry, green development is a key aspect that needs to be emphasized. Therefore, provinces and cities need to guide industries and enterprises in carrying out green development efforts within their 14th Five-Year Plans. Fu Xiangsheng said that chemical industrial parks remain a focus for provinces and cities. This year, the Petrochemical Federation proposed in the 14th Five-Year Development Plan for such parks that there should be a shift from standardized development to high-quality development. Focusing on five key initiatives related to the advancement of industrial development in these parks, green construction, smart construction, standardization, and the creation of models for high-quality development, five world-class petrochemical industry clusters are taking shape, with an emphasis on fostering 70 chemical industrial parks that possess first-class competitiveness. This goal is crucial for the future park management of the petrochemical industry as well as for industrial upgrading. These include five world-class petrochemical industry clusters: the Hangzhou Bay Petrochemical Industry Cluster, the Bohai Bay Petrochemical Industry Cluster, the Pan-Guangdong-Hong Kong-Macao Greater Bay Area Petrochemical Industry Cluster, the Western China Petrochemical Industry Cluster, and the Energy Golden Triangle Modern Coal Chemical Industry Cluster. These clusters enable enterprises to determine their appropriate position and pursue targeted development by taking advantage of the distribution of such petrochemical industry clusters. Li Shousheng, Secretary of the Party Committee and President of the Petrochemical Federation, and Li Binchu attended the meeting, while Wu Fu served as the chairperson of the meeting. 38 officials in charge of the petrochemical industry from 23 provinces, autonomous regions, and municipalities across the country attended the meeting. Source: Petrochemical Industry Observation