• Industry: Chemicals, Asia Business, China
  • Type: Business and industry issue
  • Date: 23/09/2011

China's Chemicals Industry: The new forces driving change 

In the chemical industry, a new business paradigm is emerging. We are seeing increased technological competence and deeper local customisation. The passing of China's 12th Five-Year Plan in March 2011 heralds this new phase of development, which is quickly being embraced by the leading players in the industry.
China's Chemicals Industry cover
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Key insights

  • As China's economy and industrial base continue to expand, the country's demand for chemicals remains undiminished.
  • The chemical industry is the third largest in China, after textiles and machinery, and accounts for 10 percent of GDP.
  • Heavy investment in basic chemicals in China has largely resulted from a drive to secure self-sufficiency in the supply of critical commodities.

Australia-China corridor

Australia-China corridor
The long-term demographic and social forces shaping China and its 12th Five-Year plan will greatly impact Australia's prosperity for decades to come.

Chemicals & Performance Technologies

KPMG’s Australian Chemicals & Performance Technologies group advises on critical business and industry issues impacting the domestic market.


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