Shandong Solicits Input on the Development of High-End Chemical Industry for the 15th Five-Year Plan

Chempricehub, September 20:

Shandong Province is soliciting public comments on the "15th Five-Year Plan" for the development of high-end chemical industries. The plan targets an average annual growth rate of over 5% in value-added output within the chemical sector by 2030, with the share of profits from high-end chemicals reaching approximately 65%.

The proposal outlines three key strategic initiatives: strengthening foundational capabilities, cultivating and expanding leading enterprises, and driving innovation-driven quality improvement. It also clearly defines 16 specific sub-sectors, including petrochemicals, coal chemicals, and salt chemicals.