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The Petrochemical Federation deploys six key tasks this year

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February 29, 2024, 11:02 AM
On February 26, the 2024 work mobilization meeting of the China Petroleum and Chemical Industry Federation was held in Beijing. Li Shousheng, president of the Petrochemical Federation, introduced the overall development of the petroleum and chemical industry in 2023, analyzed the situation and challenges facing the development of the industry in 2024, and deployed six key tasks for the whole industry to make progress in the midst of stability in 2024.

Looking back on the past 2023, Li Shousheng summed it up in three words: extremely difficult, extremely desperate, and extremely unforgettable.

Li Shousheng said that 2023 is an extremely difficult year for the development of the industry as a whole. The industry has suffered the impact of high inflation, which is rarely seen in history, and its profit level has been greatly challenged; the US containment policy toward China has had a far-reaching impact on the global supply chain and trade pattern; the conflict between Russia and Ukraine and geopolitical conflicts have intensified, which has brought huge "spillover" effects to the industry's import and export and energy prices; and the lack of market demand in China has also brought tremendous pressure on the economic operation of the whole industry.

"in the past year, under the strong leadership of the CPC Central Committee with Comrade at the core, the whole industry strengthened its confidence, uplifted its spirit, rolled up its sleeves and worked hard, rain or shine, and wrote its glory and dreams on the new journey of building a powerful country and national rejuvenation, engraved on the common memory of continuous struggle and progress. The vast number of cadres and workers of various professional associations and institutions in the petrochemical union system have made extremely unforgettable achievements with extremely strenuous efforts. " Li Shousheng said that in 2023, the petrochemical industry made new achievements in energy supply, made new breakthroughs in scientific and technological innovation, made new progress in transformation and upgrading, and entered a new stage of green and low carbon.

Referring to the situation and challenges facing 2024, Li Shousheng believes that judging from the current situation of industry development, the current economic operation of China's petroleum and chemical industry is in a critical period of stabilization and recovery, power transformation, climbing and building a solid foundation for high-quality development. the four major contradictions are very prominent: the first is the contradiction of insufficient market demand; the second is the contradiction of serious overcapacity; the third is the contradiction of weak innovation ability. Fourth, the contradiction that green and low-carbon development lags behind.

Among the above four contradictions, the whole industry should pay special attention to the contradiction of overcapacity. The Central Economic work Conference clearly pointed out that we must persist in deepening supply-side structural reform and focus on expanding effective demand. Only by adhering to the systematic concept, better coordinating the supply side and the demand side, constantly cultivating and developing new quality productive forces, promoting the expansion of domestic demand and optimizing supply, and opening up the breakpoints, blockages and sticking points of the combination of the two, can we promote the high-quality adjustment of the industrial structure and promote the sustained recovery and long-term improvement of the industry economy. " Li Shousheng said.

Li Shousheng pointed out: while seeing the risks and challenges, we should also clearly understand that the opportunities for China's economic development outweigh the challenges. The whole industry firmly believes that under the strong leadership of the CPC Central Committee with Comrade at the core, we have the confidence, ability, conditions, and courage to continuously promote the continuous optimization of the economic structure, the continuous enhancement of growth momentum, and the continuous improvement of the development trend, so as to lay a solid foundation for the successful realization of the goal of the 14th five-year Plan.

"2024 marks the 75th anniversary of the founding of New China, a key year for achieving the objectives and tasks of the 14th five-year Plan, and a year full of challenges, hopes and opportunities for innovation." Li Shousheng stressed: this year, the petroleum and chemical industries should focus on supply-side structural reform and go all out to do a good job in six key tasks:

First, make every effort to improve the high-quality supply capacity of the industry. It is necessary to give full play to the advantages of China's petrochemical industry with a full range of categories and a solid foundation, and face the development of strategic emerging industries, the revitalization of rural areas, the construction of new and major infrastructure, the transformation of green and low-carbon consumption, and the demand of downstream industries, we will continue to promote supply-side structural reform, consolidate rigid demand markets, open up high-end markets, optimize supporting markets, and reserve future markets.

The second is to accelerate the development driven by scientific and technological innovation. It is necessary to strengthen the innovation leadership of the industry, focusing on the major key technologies of "market demand, research and development foundation, and the possibility of breakthroughs", focusing on coordinated efforts to tackle key problems, so as to provide strong support for the high-quality development of the industry, and to build an industry innovation platform. provide fresh soil for breaking through the key technologies of industry development and transformation and upgrading It is necessary to cultivate leading enterprises and talents in science and technology, grasp trends and opportunities with outstanding strategic vision, and win the initiative in scientific and technological competition.

The third is to resolve the contradiction of overcapacity in a down-to-earth manner. "We must not use today's investment to create tomorrow's disaster." Li Shousheng said that the petrochemical industry should guide increments, expand effective investment, and invest valuable funds in high-end fields, differentiation fields, green chemistry fields, intelligent big data fields and future frontier fields. In order to optimize the stock and promote the improvement of quality and efficiency, while optimizing the structure of the basic chemical industry, we should also focus on the demand for chemical materials in strategic emerging industries, such as new energy vehicles, new generation information technology, aerospace, rail transit, energy saving and environmental protection, great health, etc., speed up the transformation and upgrading of advanced and applicable technologies, increase the intensity of extended, complementary and strong chains, and raise the level of refinement, specialization and serialization of products. In order to do a good job in reducing quantity and eliminating backward production capacity, we should take the opportunity of the introduction of the guidance Catalog of Industrial structure Adjustment (2024), cooperate with the National Development and Reform Commission and other government departments to track and sort out backward products and backward production capacity, and do a good job in verification work. we will resolutely eliminate a number of backward production capacity.

Fourth, efforts should be made to cultivate new productive forces. The new quality productivity is the superior productivity facing the future competition, and the petrochemical industry must speed up its cultivation and continuous growth. specific measures include making every effort to cultivate a number of world-class enterprises, boldly exploring cross-border integration and development, ensuring the security of the industrial chain supply chain, and so on.

Fifth, speed up the green and low-carbon transformation of the mode of development. The "opinions of the CPC Central Committee and the State Council on comprehensively promoting the Construction of a Beautiful China" puts forward three-stage goals, which require the transformation of the whole field, omni-directional promotion, the construction of the whole region, and the action of the whole society. This year, the petrochemical industry should take practical and hard measures to create a new situation of green and low-carbon circular development, including improving the green and low-carbon standard system, promoting digital intelligence and green transformation, highlighting safety and environmental protection issues, and so on.

The sixth is to speed up the improvement of their own service ability. It is necessary to organize a good start to the economic operation of the whole industry, organize a good investigation and research on the supply-side structural reform of the whole industry, and comprehensively enhance the organization and promotion capacity of the federation itself to promote supply-side structural reform. Source: China Chemical Industry Daily