From June 6th to 7th, the first Chemical Circulation Development Summit Forum took place in Beijing, bringing together management personnel, economic experts, and representatives from chemical circulation enterprises. This event marked a significant step in addressing the challenges and opportunities within China's chemical industry.
According to data from the National Bureau of Statistics, the total current value of China’s chemical products in 2004 reached 1.26 trillion yuan, accounting for approximately 10% of the country’s GDP. The chemical market is considered the largest in China, making it a critical sector for economic growth. To evaluate the competitiveness of the chemical trading market, chemical wharves, and storage industries, and to develop strategies for their sustainable development, has become an urgent priority for both industry insiders and external stakeholders.
Yang Huaxiong, director of the Department of Water and Transportation under the Ministry of Transport, highlighted that there are currently about 300 terminals handling crude oil, refined oil, liquefied gas, and bulk chemicals along China’s coast, representing 8% of all berths. These facilities have a combined capacity exceeding 200 million tons, or 10% of the coastal total. In the coming years, the government plans to enhance water transportation infrastructure in key regions such as the Bohai Rim, Yangtze River Delta, and South China, with particular focus on Shanghai and Dalian.
In the Bohai Rim, new chemical berths ranging from 200,000 to 300,000 tons will be constructed in Dalian, Qingdao, and Caofeidian. In the Yangtze River Delta, 250,000-ton chemical quays and pipelines will be developed, gradually replacing crude oil transport by ship with pipeline systems. In the Pearl River Delta, the focus will be on building chemical docks with capacities between 150,000 to 300,000 tons and 80,000 to 150,000 tons in cities like Huizhou, Zhuhai, Guangzhou, Shenzhen, and Dongguan.
At the forum, participants engaged in detailed discussions on how to enhance the competitiveness of the chemical distribution sector. Another major highlight was the release of three key reports in 2005: "China Chemical Market Competitiveness Evaluation," "China Liquid Chemical Terminal Competitiveness Evaluation," and "China’s Liquid Chemical Storage Competitiveness Evaluation." These studies assessed 23 chemical markets, 15 chemical terminals, and 25 chemical storage companies across the country.
The forum was organized by China Chemical News, marking a valuable platform for dialogue and knowledge sharing among industry leaders and experts.
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