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Sponsored by China Chemical Industry Association and undertaken by Zouping Mingxing Chemical Co., Ltd., the seminar on high quality development of pharmaceutical intermediate industry was held in Dezhou, Shandong Province. The theme of the conference is “cross border exchange, integration and development”. More than 300 leaders, experts and enterprise representatives in the chemical industry contribute their wisdom to promoting the high-quality development of the industry.

Vice president of China Chemical Industry Association proposed that the association should adhere to the general keynote of seeking progress in stability, take reform and innovation as the fundamental driving force, coordinate development safety, build a new development pattern, and help industrial integration and international expansion.

According to the China Petroleum and Chemical Industry Federation, there are four key development directions for the petrochemical industry in the future. First, the industrial chain should strive to achieve “stable chain”, “strong chain” and “complementary chain”; second, products should be differentiated to be closer to the end market; third, green, environmental protection and life chemicals are the new growth points in the future; fourth, cross-border development and “service plus” products should be combined.

Chen Boyang, an analyst with the energy and chemical group of CITIC Securities, said that after analyzing the financing performance of 358 enterprises in the past 30 years, it was found that the ratio of financial expenses to total operating income of chemical industry companies showed a downward trend. He believes that the State encourages the capital market to guide the development of enterprises, which provides a historical opportunity for the transformation and upgrading of the inorganic salt industry and enterprises.

Zouping Mingxing Chemical Co., Ltd. regards technological innovation as the soul of development, ranks first in global chemical sales for 10 consecutive years, and has made outstanding contributions to the development and progress of chemical industry. At the meeting, the chairman of the company introduced its corporate culture of “delicacy, innovation, integrity and responsibility”, and put forward the concept of “instant innovation” to create maximum benefits for customers