Chemical Industry:
Chemical industry's "Twelve Five-Year" plan has put forward six goals which will guide the industry development for next five years. Specifically, to develop petrochemical enterprises into large-scale entities; to continuously enlarge the proportion of fine chemicals in products; to increase efforts in energy conservation and underscore environment friendly, low-carbon products in the market; to adjust the structure in high energy-consuming industries and to continue energy saving plan.

China encourages the development of sunrise industries, including high-end new chemical materials industry; high performance and high value-added fine chemicals manufacturing industry; the pesticide manufacturing industry with efficiency, safety, and environmental compatibility; bio-chemical industry; energy saving and environmental protection industries and novel catalytic materials industry.

 

Energy Industry:
China's total energy consumption is among the highest ones in the world for many years. China's annual consumption of primary energy is 90% of all kinds of energy consumption; the utilization ratio of wind, solar, biomass and other new energies remains very low. China's energy consumption structure features:

(1) High proportion of production and consumption of coal, which is in fundamental position of the industry. In the past five years, the proportion of coal production to the total energy production has been increasing year by year, reaching the latest 76.7%;
(2) Low oil production and high consumption, the supply and demand gap dependent on imports. In contrast with the coal resources, the proportion of oil production to total energy production has been decreasing year by year, while the proportion of oil consumption has been more than 20% in last five years;
(3) Increasing water resources energy proportion to total energy production year by year;
(4) Low utilization rate for new energy and high development potential. Utilization rate of new energy sources is currently less than 10%. However, China has a vast territory, rich in solar, wind, biomass and other energy storage, which means high development potentials.