Prospects for the development of synthetic resins in China

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During the “Eleventh Five-Year Plan” period, the rapid development of domestic electronic information, automobile, real estate and other industries, and the upgrading of household consumption levels will provide a huge space for the development of synthetic resin in China. It is expected that during the “Eleventh Five-Year Plan” period, the demand for synthetic resin in China will continue to grow at a rate of around 10% during the “10th Five-Year Plan” period. By 2010, the apparent consumption of the domestic market will reach 64 million tons, which is higher than the end of the “Tenth Five-Year Plan” period. About 26 million tons. It is expected that during the “Eleventh Five-Year Plan” period, the domestic synthetic resin production will grow at an average annual rate of 12%. By 2010, the output is expected to reach 37 million tons, an increase of about 16 million tons from the end of the “Tenth Five-Year Plan” period.

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