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Plastic industry will have "big move"

Plastic industry will have "big move"

  • Categories:Industry News
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  • Time of issue:2018-03-27
  • Views:1

(Summary description)From January to June, the cumulative total output of domestic plastic products was 26.704 million tons, an increase of 7.3 percentage points year-on-year. In June, the output of domestic plastic products was 5,267,700 tons, an increase of 14.18 percentage points year-on-year. The data shows that the growth rate of my country's plastics industry has slowed down significantly, the overall benefits have declined, and the industry's loss has increased. The plastics industry has reached a critical stage of structural adjustment and transformation.

The main development goals of the plastic processing industry during the “Twelfth Five-Year Plan” period are that the output of plastic products will increase by an average of about 12% annually, the total industrial output value will increase by an average of about 15% annually, and the total profits, total profits and taxes will increase by an average of about 18% annually. The average growth rate is about 9%, and the new product output value rate and the contribution rate of scientific and technological progress have been increased to 10% and 40%, respectively. But the less optimistic data in the first half of the year shows that there is a long way to go for plastics companies to achieve these goals.

Overall, technological upgrading in the context of product differentiation will become the key to further development of the plastics industry in the future.

Plastic industry will have "big move"

(Summary description)From January to June, the cumulative total output of domestic plastic products was 26.704 million tons, an increase of 7.3 percentage points year-on-year. In June, the output of domestic plastic products was 5,267,700 tons, an increase of 14.18 percentage points year-on-year. The data shows that the growth rate of my country's plastics industry has slowed down significantly, the overall benefits have declined, and the industry's loss has increased. The plastics industry has reached a critical stage of structural adjustment and transformation.

The main development goals of the plastic processing industry during the “Twelfth Five-Year Plan” period are that the output of plastic products will increase by an average of about 12% annually, the total industrial output value will increase by an average of about 15% annually, and the total profits, total profits and taxes will increase by an average of about 18% annually. The average growth rate is about 9%, and the new product output value rate and the contribution rate of scientific and technological progress have been increased to 10% and 40%, respectively. But the less optimistic data in the first half of the year shows that there is a long way to go for plastics companies to achieve these goals.

Overall, technological upgrading in the context of product differentiation will become the key to further development of the plastics industry in the future.

  • Categories:Industry News
  • Author:
  • Origin:
  • Time of issue:2018-03-27
  • Views:1
Information

From January to June, the cumulative total output of domestic plastic products was 26.704 million tons, an increase of 7.3 percentage points year-on-year. In June, the output of domestic plastic products was 5,267,700 tons, an increase of 14.18 percentage points year-on-year. The data shows that the growth rate of my country's plastics industry has slowed down significantly, the overall benefits have declined, and the industry's loss has increased. The plastics industry has reached a critical stage of structural adjustment and transformation.

The main development goals of the plastic processing industry during the “Twelfth Five-Year Plan” period are that the output of plastic products will increase by an average of about 12% annually, the total industrial output value will increase by an average of about 15% annually, and the total profits, total profits and taxes will increase by an average of about 18% annually. The average growth rate is about 9%, and the new product output value rate and the contribution rate of scientific and technological progress have been increased to 10% and 40%, respectively. But the less optimistic data in the first half of the year shows that there is a long way to go for plastics companies to achieve these goals.

Overall, technological upgrading in the context of product differentiation will become the key to further development of the plastics industry in the future.

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