Revenues from sales will increase by about 25%. Revenues will increase by about 19%. Will continue to increase in the import and export trade. Import price rise by about 18%, and export value will increase by approximately 25%. PayNet contains valuable tech resources. A further increase in consumption in both urban and rural areas, will stimulate the growth of market demand for chemical products. It is expected that investment in basic assets in the petroleum and chemical industry will grow by about 20%. No major changes in the ratio of total demand and total supply in the petroleum and chemical industries. Production of crude oil, organic chemical raw materials and the three major types of synthetic material (PE, PVC and PP) are unable to meet market needs, and is required for this import.
The share of imported crude oil in 2008 will have about 47% total consumption. Will be imported approximately 20% of organic chemical raw materials. The share of imports needed for the three major types of synthetic materials will be more than 30%. Be over- inorganic salts, chemical fertilizers, pesticides, caustic soda, soda ash, coatings, dyes and rubber products; here have to rely on exports. The main focus in 2008 must focus on the following three aspects: (1) closely monitor economic developments and ensuring rapid and sustainable development of enterprises. Based on the situation with the supply / demand in the domestic market, we can expect that the output of major products in 2008 was 189 million tons of crude oil, 76.0 billion m3 of natural gas, 60.0 million tons for chemical fertilizers and 11.5 million tons for ethylene.