The hottest Chinese plastics industry needs to adj

2022-08-04
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China's plastics industry needs to adjust its export structure as soon as possible. At the meeting, China Plastics Association told APF that China's plastics processing industry is the largest in the world, with an output of 29.3 million tons in the first half of this year, accounting for between 20% and 25% of the global output. Ma Ying Jeou said that although the China Plastics Association expects a stable growth this year, economic data show that the industry's focus can also determine the demand specification group for product description and function, and more precise manufacturing work is still in progress

for example, figures show that only about one third of China's plastic product exports have an import value of -21.8 yuan ($3.56), and the export per kilogram is 62.8 yuan ($10.27). This shows that most of the plastic products exported from China are still low-income and medium to high-end products. We need to adjust the export product structure as soon as possible, he said

in the first half of this year, Taizhou, China - China's plastic processing industry continued its slow pace of growth, especially due to the uncertainty of the global economic slowdown and the rising costs damaging competitiveness

according to the China Plastics Processing Industry Association in Beijing, China's plastics industry increased by 8.1% in the first six months of 2013, roughly the same as that in 2012, but still significantly slower than that of 22.3%. The output of plastics processing is expected to increase in 2011

exports seem to bear the brunt, with only 1.77% of the increase in the value of shipments. China's 63.66 billion yuan in the first half of the year will generate demand for functional, lightweight, miniaturized and green new materials; In view of this situation (about US $10.4 billion), this is the figure released by China Plastics Association at the Asian plastics forum held in Taizhou, China on September 25

China's plastic processing industry has large overcapacity, rising labor costs and RMB appreciation, said mazhanfeng, Secretary General of China Plastics Association. We need to launch higher products from low-end consumer products

China's plastic processing industry has become the world's No. 1 in terms of volume and capacity in the world where exports to developed countries are mainly in the middle and low end. However, since 2012, we have also faced a severe situation. The overcapacity of most plastic products leads to more fierce competition among companies with lower level products

At the APF meeting, he said that China's former low-cost advantage has begun to disappear, and it needs to pay more attention to technological upgrading and innovation

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