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Since the beginning of this year, the good momentum of the economic operation of the petrochemical industry has been continuously consolidated and the output value has reached a record high. In the remarkable performance of the petrochemical industry in May, the output value of new products was 38.67 billion yuan, a year-on-year increase of 39.7%. From January to May, the total output value of the industry was 3,324.544 billion yuan, a year-on-year increase of 43.6%. The output value of new products was 183.213 billion yuan, a year-on-year increase of 57%. According to a person from the China Petroleum and Chemical Industry Federation, in the field of traditional petrochemical products, the total product production capacity has exceeded the demand in the domestic market; in the downstream areas of new chemical materials and fine chemicals, there is a shortage of high-end varieties, and some products with high technological content are still available. Is in blank.
New products drive China's petrochemical industry to record high output value
The data released by the Ministry of Industry and Information Technology recently showed that, driven by the strong sales of new products, the total output value of enterprises above designated size in the petrochemical industry in May hit a new high in the year, and the growth rate of output value exceeded the national gross industrial output growth rate by 5.4 percentage points. As of the end of May, the enterprises above designated size in the industry achieved a total value of 744.96 billion yuan in the month, an increase of 37.7% year-on-year, accounting for 12.7% of the country's total industrial output value, an increase of 0.5% over the same period of last year.