China's Plastics Industry To Become The Industry's Focus On Foreign Trade

HC Chemical Network News, China has been amongSee from the product segments, plastic pipe
the ranks of the world's plastic industrial nations, theapplications have obvious advantages, market
development of China's plastic industry chain hasprospects, the industry's current processing capacity
been integrated with the global plastics industry, whileof more than 500 million tons. In 2008, China plastic
subject to vigorous development of China is drivenpipe and fitting production 4.5934 million tons, an
by the huge consumer market, China's plasticsincrease of 28.189%. Plastic pipe exports reached
industry chain major aspects of foreign trade to356,300 tons, up 22.21 percent. , Exports 1.002 billion
become the focus of the industry.U.S. dollars, up 31.15%; import 40,800 tons, up 10.38
Products: export value-added products should be^% decrease, imports amounted to 470 million U.S.
improveddollars, up 4.94%.
According to China Customs statistics, in 2008 China'sPlastic Machinery: fast-growing but still the biggest
import and export of plastic products amounted totrade deficit high
38.84 billion U.S. dollars, up 12.6%. , Down 2.6 percentAccording to the National Statistics Bureau and China
year on year growth, trade surplus 14.98 billion U.S.Customs import and export statistics, in 2008, the
dollars. Among them, the total exports 26.91 billionChinese plastic machinery industry achieved 26.006
U.S. dollars, up 15.5%. , Accounting for 8.7% of totalbillion yuan of total industrial production, up 14.08
exports light industry. , Ranking sixth in light industry.percent. , Higher than China's GDP more than five
Export promotion policy effects are becomingpercentage points; annual sales of 24.605 billion yuan
apparent. Learned from the Guangzhou Customs,output value, an increase of 11.529%; artificial 23.842
November 1, 2008 the state will most categories ofbillion yuan sales income, up by 9.139%; export
plastic products export tax rebate rate to 9%. Afterdelivery value of 1.06 billion U.S. dollars , an increase of
the export of plastic products play a role in3.139% total profit of 1.583 billion yuan, down
promoting. November and December last year,15.869%. Overall, in addition to significant decline in
Guangdong Plastics exports hit new monthly high,the profit target, the other economic indicators are
respectively 650 million and 810 million U.S. dollars, astill more than the previous year, maintaining a steady
substantial increase of 30%. And 53.49%.and fast growth trend, achieving a new century of
Situation from the industry as a whole: in Decemberrapid growth for 8 consecutive years.
2008, exports of plastic products, slight signs ofAlthough the impact of the international financial crisis
stabilization and recovery, data showed exports inand Indian Run injection molding machines on the
September, 1-year increase of 2.9 percentage pointsimpact of anti-dumping, the Chinese plastics
down from January to December to a small increasemachinery exports in 2008 are still good, still
0.66 percentage points that part - plastic productsmaintained a rapid growth momentum, and annual
export tax rebate rate increase, on the positive roleexport delivery value of 1.06 billion dollars, the new
of exports of plastic products are becomingcentury export a single year. Export destinations
apparent.were: Japan, China Taiwan Province, Germany, Korea,
Recent years, exports from the processing of plasticthe United States, Canada, India, Austria, Hong Kong,
and gradually extend to the general consumer, butLuxembourg, Indonesia, the Netherlands, Vietnam,
the value is still low, from the perspective of 2007,Thailand, Russian Federation, more than 120 countries
average unit price of exports of plastic products forand regions.
the 2250 U.S. dollars / ton, the average unit price for2008, China's imports of plastic machinery amounting
the 6491 U.S. dollars of imports tonnes import exportto approximately 2.014 billion U.S. dollars, a decrease
unit price is 2.88 times the unit price. On the otherof 811 million U.S. dollars, is to change the presses
hand also shows that China's domestic demand forChina for the first time, imports continued to rise
large high-tech products need to be imported.year.