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Analysis of the development of China's plastics industry market in 2016
At present, the development of China's plastic products industry is mainly based on the continuous breakthroughs in cutting-edge technologies in the plastics industry. It focuses on the core technologies of the current commonalities and strives to narrow the gap between high-tech production technologies and developed countries. The acceleration of technological advancement will give plastic materials and plastic products more new functions to meet the needs of the national economy.
In 2016, the operating trend of the plastic products industry was highly consistent with China's macroeconomic trends; in the first quarter, the number of “above-scale†enterprises in the plastics industry increased by 487, with a total of 15,250.
The growth rate of the added value of the plastics industry reached 8.7%, which was higher than the growth rate of the national industrial added value of 2.9% in the same period. The main income was 482.96 billion yuan, a year-on-year increase of 6.3%. The profit was 28.16 billion yuan, a year-on-year increase of 13.5%.
The output of plastic products reached 16.652 million tons, an increase of 6.1% year-on-year. From January to April, the fixed assets investment of the entire industry was 1,160.4 billion, an increase of 11%.
This growth rate is higher than the average investment of the manufacturing industry by 5.1% in the same period. The main economic indicators are all red, and they have exceeded the performance in 2015. In April, although the momentum of this reversal has slowed down, the overall trend is good. The situation has not changed. Exports have turned from -2.84% to positive growth, and the plastics industry has started well under downward pressure, which will play an important supporting role in stabilizing the whole year.
As a measure of the development level of a country's plastics industry, the ratio of plastic-steel is only 30:70 in China, which is less than the world average of 50:50, and far less than developed countries such as 70:30 in the US and 63:37 in Germany. In the future, with the technological advancement and consumption upgrade of China's modified plastics, China's plastic products need to be expected to maintain a growth rate of more than 10%.
Plastic products are widely used, and the huge downstream industry provides strong support for the development of China's plastic products industry. With the promulgation of the “Revitalization of Petrochemical Industry Planning Rules†and the “13th Five-Year Planâ€, China's plastic products industry has ushered in new development opportunities.