摘要
The economic performance of China’s petroleum and chemical industry is comprehensively decided by four major factors now: a. economy grows rapidly, boosting consumption demand; b. supply of energy and products consuming resources tends to be tighter; c. global crude oil price will continue to stay high, driving the production cost of its downstream products; d. the overly rapid increase of investment in fixed assets is difficult to control, so more and more products will face surplus production capacity.