New Deal Supports Chemical Industry to Advance into Midwest

On September 6, the "Guiding Opinions on the Acceptance of Industrial Transfer in the Central and Western Regions of the State Council" (hereinafter referred to as "Opinions") was officially announced. The Opinions require that the Central and Western regions must adhere to the market orientation, strict industrial access, and promote the centralized distribution of industries in the process of undertaking industrial transfer in the eastern region. Strategic mineral resources such as energy and mineral development and processing industries, as well as new materials and new energy are listed as key undertaking industries. The state will provide policy support in the areas of finance, taxation, finance, investment, and land.
The relevant person in charge of the National Development and Reform Commission pointed out that the “Opinions” are the programmatic documents for guiding the transfer of industries in the central and western regions at present and in the future.
According to the Opinions, the central and western regions rely on the advantages of industry bases and resources to promote the development of key industries, foster new advantages in industrial development, and build a modern industrial system. These include vigorously developing the development of energy mineral resources and deep processing industries, accelerating the elimination of outdated production capacity; properly undertaking high-energy-carrying industries with advanced technological levels in regions where conditions permit; strengthening the integration of resource development and allowing resource-rich regions to share in forms such as equity participation. Resource development benefits. At the same time, we will bring into play the exemplary leading role of national-level economic and technological development zones and high-tech industrial development zones, undertake strategic emerging industries such as the development of new materials and new energy, and encourage the development of new energy sources, energy conservation and environmental protection industries in places where conditions permit. Equipment manufacturing, etc.
The Opinions point out that the central and western regions should promote the centralized distribution of industries and take the industrial parks as an important carrier and platform for undertaking industrial transfer. At the same time, they must strengthen resource conservation and environmental protection, and regard the carrying capacity of resources and the capacity of the ecological environment as the transfer of industries. The important basis is to strictly control the industry's access threshold.
It is understood that at present, some provinces in the central and western regions have already begun the warm-up initiative to undertake local specialty industries. Chongqing Municipality is actively carrying out counter-investment promotion, organizing matchmaking meetings between districts, counties and the eastern coastal provinces to promote industrial transfer. After the country has clarified a series of policies such as fiscal and taxation, the city will strictly enforce environmental protection policies and base itself on the development of industries such as fine chemicals and new materials to enhance the status of pillar industries in the chemical industry. Inner Mongolia has already identified the priorities for undertaking industrial transfer, including building a PVC processing and distribution base in northern China. After the introduction of the "River City Belt Industrial Transfer Demonstration Zone Plan", Shanghai Huayi Group's coal-based polygeneration fine chemical base has begun large-scale construction in Anhui Province. Ningxia is relying on the upcoming 2010 China (Ningxia) International Investment and Trade Fair to carry large-scale investment projects in the Yangtze River Delta, the Pearl River Delta and other industries carrying energy and chemical industry projects.