Zhong Guo Jin Rong Xin Xi Wang·2025-09-06 15:03Core Viewpoint - The petrochemical industry must undergo an energy transition to reduce carbon emissions, with a focus on high-quality development and the integration of digital intelligence [1][3]. Group 1: Industry Position and Market Share - China is the largest chemical market globally, with a chemical output value of €2.4 trillion in 2022, accounting for 44% of the global market share, surpassing the combined total of the EU, the US, Japan, and South Korea [3]. - The carbon intensity of green energy usage in China is approximately 80 grams, compared to the global average of 60 grams, indicating a higher carbon emission structure [3]. Group 2: Energy Transition Strategy - The energy transition is essential for the petrochemical industry, moving from coal and oil to biomass, solar, wind, hydrogen, and nuclear energy as primary energy sources [3][4]. - By 2050, coal's share in primary energy must drop to over 10%, and below 5% by 2060, presenting significant challenges [3]. Group 3: Recommendations for High-Quality Development - The focus of the "14th Five-Year Plan" for high-quality development in the petrochemical sector includes new chemical materials as a direction, optimizing major productivity layouts as support, and establishing a robust institutional mechanism as a guarantee [3][4]. - Four key areas for institutional support are proposed: 1. Strengthening financial planning and support for R&D and production of key new chemical materials [4]. 2. Improving project investment guidance to ensure reliable technology and avoid overcapacity in popular new material fields [4]. 3. Promoting market construction for product applications, encouraging first-time applications, and creating a fair competitive environment [4][5]. 4. Enhancing collaboration and cooperation to foster both domestic and international supply chain advantages [5]. Group 4: Event Overview - The event focused on the digital and intelligent transformation of energy systems, aiming to provide systematic solutions for building a modern energy system [5].