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Industrial upgrading for the fine chemical industry development opportunities

In recent years, China's economic development has made great achievements. At the same time, it also reveals many problems.

The outstanding performances among them are the contradictions between high consumption and low pollution, and the contradiction between high resource endowment and the low capacity of environment. Therefore, a simple growth method is hard to remove. Future economic growth will more dependent on the refinement use of resource and developing high value-added industries.
From the view of comparative advantages in a global economy, China will has  a global manufacturing center position to integrate into the global industrial chain in a very long period of time t In the past decade, driven by China's continued high investment, Copper Chromite(CC) investment opportunities in the chemical industry is the largest bulk chemicals from import substitution and capacity expansion. But today, China's rapid economic growth brought about by the expansion of demand for space has been completely expanded capacity faster submerged, have appeared in major chemicals overcapacity situation. In the past that rely solely on the extensive expansion of production growth has come to an end, industry-specific growth opportunities have been difficult to reproduce.
Therefore, the future development of China's chemical industry will be reflected in a higher level of industrial transfer, which is a high value-added fine chemicals industry. This is because the refinement of the proportion increased to the international trend, China is now the starting point is low, plenty of room to improve; two countries along with China's continued enrollment in college, and the "Lewis turning point" is approaching, China's comparative advantage has moved from ‘labor-intensive’ to the ‘power of knowledge-intensive’. It corresponds to the advantages of business will be based on a large number of highly educated knowledge workers as the main body, relying on technology and research and development, will provide high value-added products or services, and to extend the product line continues to achieve sustained growth.
Now in the field of fine chemicals, the most promising way for the transfer of industries is the ‘customization’ model. In the growing competition and environmental pressures, more foreign enterprises transfer to the chain ends of the smile curve - R & D and end products, Musk R-1 intermediate products will be increasingly shifted to other industries, which bring industry's sustainability growth plans.
China relies on the chemical synthesis, formulation and other aspects. If china can grasp this golden opportunityArticle Search, it will greatly improve China's petroleum and chemical industry's competitiveness and ultimately create competitive Chinese chemical companies/. Source: http:// www.mhcfm.com

Source: Free Articles from ArticlesFactory.com

ABOUT THE AUTHOR


MHC INDUSTRIAL CO., LTD. producing mainly more than fifty  fine chemical products with polyurethane adhesives series products, boron series, electronic liquid crystal materials, custom chemicals, etc.



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