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According to reports, the theme of the conference was "The impact of the financial crisis on the macro economy and petroleum and petrochemical industries and how the oil and petrochemical industry responds to the financial crisis." Zhang Jianhua, senior vice president of Sinopec Corp., pointed out at the meeting that the financial crisis had brought great difficulties to the production and operation of Sinopec, but it also gave birth to major opportunities. In the face of the financial crisis, Sinopec has achieved good results by optimizing procurement, adjusting its structure, and opening up markets.
He also said that the current rapid spread of the financial crisis has caused a significant slowdown in world economic growth. The oil and petrochemical industry must focus on capturing and grasping rare opportunities for development from the changing situation, taking growth as the core, making full use of both domestic and international markets, and Such resources rely on technological innovation to speed up the transformation of development methods and structural adjustment.
Wang Jiming, academician of the Chinese Academy of Engineering and former president of Sinopec Group, pointed out at this meeting that China’s economic and social development has many favorable conditions. It has strong ability to resist risks and maintain the vitality of steady and rapid economic growth. China’s economy will never be The financial crisis reversed. The financial crisis has provided new impetus and necessary pressure for all major reforms in China. It has also provided strong pressure and impetus for China's petrochemical industry to accelerate structural optimization and change and change the mode of development. The oil and petrochemical industry should seize the current opportunities and overcome the challenges.
In response, Feng Shiliang, deputy secretary-general of the China Petroleum and Chemical Industry Association, recently stated that it is expected that the growth rate of petrochemical industry production in 2009 may continue to decline, prices will be adjusted rationally, the industry may undergo reshuffling and merger and reorganization, and backward production capacity will further increase. Eliminated.
Financial crisis accelerates the transformation of petrochemical industry
The reporter learned from Sinopec Group on January 8th that the Group’s Institute of Economic and Technical Research and the China Petroleum and Chemical Information Institute had jointly sponsored a seminar on China's petroleum and petrochemical industry economy and market. Experts at the meeting pointed out at the meeting that in response to the financial crisis, the petroleum and petrochemical industry must grasp the development opportunities brought about by the expansion of domestic demand in a timely manner, and accelerate the change in the mode of development and structural adjustment.