Fu Xiangsheng, vice president of China Petroleum and Chemical Industry Federation, pointed out that international production capacity cooperation is an important measure to promote China's new round of deepening reforms, expanding opening up, and enhancing its international competitive advantages. In recent years, China's petrochemical industry has achieved fruitful results in the field of international production capacity cooperation. The Petrochemical Federation and the China Petrochemical Industry International Production Capacity Cooperation Enterprise Alliance have actively explored and expanded the methods and contents of international production capacity cooperation, deepened exchanges and cooperation with international organizations and industry organizations, and continued to carry out in-depth cooperation in sustainable development, responsible care, and intrinsic safety.

Fu Xiangsheng emphasized that achieving green development in the joint construction of the "Belt and Road" has become a new orientation and focus of international cooperation for the petrochemical industry. In the next step, China's petrochemical industry will pay more attention to green development and low-carbon transformation in international production capacity cooperation, increase cooperation in clean energy and green and low-carbon industries, actively promote green and high value-added products and production capacity, as well as energy conservation, carbon reduction, resource utilization of new technologies and intelligent and digital new technologies to "go global" together, so that international production capacity can achieve mutual benefit and win-win results in high-quality cooperation.

At present, many companies are faced with choices between actively "going global" and passively "going global". Zhanchen Group chose to take the initiative to "go global" and seek new economic growth points in overseas markets. Xiong Xing, rotating president of Zhanchen Group, said that Zhanchen's overseas coating production accounts for about 73%, and there is huge overseas market space. Faced with challenges such as China's market penetration, internationalization strategy has become an inevitable choice for Zhanchen's long-term development. Through the expansion of overseas markets, companies can take into account sustainable development and enhance their competitiveness and influence in the global coatings market.

Regarding how to better carry out green cooperation in the "Belt and Road" region, Yuan Min, director of energy projects and senior researcher of the Center for Sustainable Transformation of the World Resources Institute, pointed out that when companies go to sea, on the one hand, they must improve the disclosure of climate information related to carbon emissions. Integrity and reliability to help companies raise funds faster; On the other hand, we must give full play to the complementary advantages of China's foreign production capacity, use chain owners and leading enterprises to drive upstream and downstream enterprises in the entire chain to act together, and at the same time use more renewable energy throughout the production process, create a green supply chain system, and promote coordinated industrial development. Source: China Chemical News