BUSINESS China's chemical sector sees faster H1 value-added growth

BUSINESS

China's chemical sector sees faster H1 value-added growth

Xinhua

12:53, August 04, 2019

BEIJING, Aug. 4 (Xinhua) -- China's chemical sector saw faster value-added growth in the first half of this year, official data showed.

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Photo taken on July 24, 2018, shows a coal-to-chemical industry base in the Ningxia Hui autonomous region. (Photo: VCG)

The value added for the Chinese chemical industry grew 4.6 percent year-on-year in H1, one percentage point quicker than the same period in 2018, according to the National Development and Reform Commission (NDRC).

Output of ethylene reached 10.15 million tonnes in the first six months of 2019, up 9.8 percent year-on-year. Fertilizer output totaled 29.65 million tonnes, up 2.9 percent year-on-year, NDRC data showed.


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