Global

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  • Industry: Chemicals & Performance Technologies
  • Type: Business and industry issue
  • Date: 9/23/2011

China's Chemical Industry: The new forces driving change 

China's traditional export driven business model, with its emphasis on cost competitiveness, standardisation and middle-to-low technological content, seems to be exhausting in China. In the chemical industry, a new business paradigm is emerging, we are seeing increased technological competence and deeper local customization. The passing of the 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 Chemical Industry
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