Policy support has made the development momentum of China's plastic industry rapid
line "/> China's statistics show that the growth rate of China's plastic industry was about 20% in 2011, about 10% in 2012 and about 8% in the first half of 2013. Considering the various incentives and support mentioned above, and only half of the 12th Five Year Plan has been implemented so far, it can be reasonably assumed that the North American plastic industry has not felt the full impact of the Chinese government's current plastic industry development plan.
China's relatively traditional industrial scope The 12th Five Year Plan covers the period from 2011 to 2015. Although industrial policies cover the entire Chinese economy and are universal in nature, Chinese officials have formulated some plans for specific industries to provide more detailed guidance for key industries. Specific instructions are provided in these plans, and various incentives are provided for enterprises to follow these instructions, which can find the answer to the overall growth of China's plastic industry
for example, from 2010 to 2012, the total amount of various forms of polypropylene polymers exported by China to the United States climbed from about US $2.4 million to US $13.6 million - an increase of more than 200%. Similarly, the import volume of primary form polyamide climbed from about US $7.6 million to US $22million - an increase of about 190% over the past three years. Although the growth of these products is concentrated in the high-end market, plastic products as a whole also show a growth trend
for example, the plastic varieties whose import volume from China increased by more than 50% in years include: vinyl chloride polymer, vinyl acetate polymer, amino resin, phenolic resin and polyurethane, primary form silicone, cellulose and its chemical derivatives, as well as pipe, pipe and hose fittings. In addition, there are more than 10 tariff categories, and the import volume from China increased by more than 20% in the same period
the growth of China's exports largely depends on the policies of China's industry planning agencies. Elite institutions in Beijing continue to issue industrial policies calling for the development of specific industries and products, while lower level governments have the task of ensuring that these goals are achieved. Personal career prospects are unpredictable - if the officials in charge fail to meet the economic goals of the central government, there is no hope of promotion
an example of industry related policies is the "12th Five Year" development plan for light industry, in which the Chinese government is called upon to help plastic production enterprises upgrade and update their production lines. The plan pays special attention to specific products, including agricultural films, environmentally friendly plastic packaging, pipelines and degradable products. In addition, it also provides tax incentives and cash incentives for enterprises that follow the plan. The plan also calls for the government funded and prestressed steel strands to be subjected to static loads "State load or quasi-static load; single in 2. Digital tensile testing machine: also known as microcomputer tensile testing machine: the test data are directly displayed on the LCD screen. Under some special circumstances, the weaker enterprises are merged into larger enterprises to form a more competitive entity.
another relevant policy, namely the 12th Five Year Plan for the development of petrochemical and chemical industry, calls for further promoting the development of engineering plastics, and Degradable plastics, special plastic alloys and environment-friendly plastic additives are listed as the "key points" of development. Enterprises that comply with these instructions will be able to obtain incentives such as cash payments, tax deductions, access to land and other concessions provided by the government
in just two years, we are expected to see more streamlined and efficient enterprises producing higher quality plastics in China. At that time, the industry planning agency of the Chinese government will reassess the status of the plastic industry and issue new policies. This means that enterprises in the U.S. plastic industry will face more fierce competition, not only in the Chinese market, but also in the export market of Chinese plastic products, including the United States