The deputy director of the Information and Marketing Department of the China Petrochemical Federation, Zhu Sheng P, said recently that it is expected that the economic growth rate of China's petrochemical industry will slow down significantly in the second half of the year, and the short-term and local fluctuations may increase. The annual output value is expected to increase by about 29.3%.
China Petroleum and Chemical Industry Federation, deputy director of the Ministry of Information and Marketing Zhu Rongji P10 on the 10th National Petroleum and Chemical Industry Economic Development Situation Analysis Conference, said that it is expected that the economic growth of China's petrochemical industry will slow down significantly in the second half of the year, short-term and local The volatility may increase, but overall, the industry economy can still achieve steady and rapid growth, the possibility of the second bottoming is extremely small, the annual output value is expected to increase by about 29.3%, and the output value reached 8.57 trillion yuan. Zhu P said that in the first half of 2010, the petrochemical industry experienced rapid economic growth, with an increase of 46.9% in the first quarter and 36.8% in the second quarter. According to the current economic situation analysis, it is expected that the total output value of the petrochemical industry will increase by approximately 25.2% in the third quarter and by approximately 16.5% in the fourth quarter. The output value of the petroleum and chemical industries in the year will increase by approximately 29.3%, and the output value will reach approximately 8.57 trillion yuan.
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