BEIJING, May 10 (Xinhua) -- China will have more than 30 large-scale international chemical enterprises each with annual revenues of more than 100 billion yuan by 2030, according to a report recently released by China Petroleum and Chemical Industry Federation (CPCIF) in Beijing.
Meanwhile, China aimed at bringing the number of the chemical enterprises with annual revenues of more than 20 billion yuan to 100 by then.
The report also forecasts that by 2030, China’s energy efficiency in the petrochemical industry will be significantly improved, with the pollutant discharge fully meeting required standards. The carbon dioxide emissions will be 40 percent lower than that at the end of the 12th Five-year Plan period (2011-2015).
The report also predicts that by 2030, the structure of China's petrochemical industry will change significantly. To be specific, the proportion of main business income from basic chemical raw material manufacturing and general chemical product processing will decrease from 18.7 percent and 48.1 percent in 2015 to 16.2 percent and 43.6 percent, respectively, while that of the main business income from the high-end chemical manufacturing and strategic emerging industries will increase from 2.1 percent and 1.1 percent in 2015 to 10 percent and 5 percent in 2030, respectively. (Edited by Hu Pingchao, hupingchao@xinhua.org)
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