One Belt and One Road Create Opportunities to Help the Development of the Plastics Industry

The plastics industry is in a very important position in China's entire industrial system. The development of many industries is inseparable from the support of the plastics industry. However, at present, the development of the plastics industry in China is facing enormous challenges. Domestic environmental protection pressures have increased and environmental taxes have started to be imposed. , The recycled plastics industry was greatly impacted; oversupply in the market and overcapacity resulted in loss of industry price advantage and weakened competitiveness. Foreign trade protection forces regained power, trade disputes in trade frictions intensified, and the United States imposed high tariffs on Chinese plastic products. The situation at home and abroad has squeezed the development space of the plastics industry, and the construction of 'Belt and Road' has provided a big direction for the development of the plastics industry.

'One Belt and One Road' is the abbreviation of 'Silk Road Economic Belt' and '21st Century Maritime Silk Road'. The 'One Belt and One Road' connects the two ends of the Eurasian Continent, the east connects the Asia Pacific Economic Circle, and the west enters the European Economic Circle. 'One Belt and One Road ' Committed to the interconnection and intercommunication of the Asia-Europe continent and its neighboring oceans. Establishing and strengthening partnerships among countries along the route to build a comprehensive, multi-level, and comprehensive interconnection and interoperability network to achieve diversity, independence, balance, and sustainability of countries along the route. Development. Whether it is to develop the economy, improve people's livelihood, or respond to crises and speed up adjustments, many countries along the line have common interests with China. Historically, the land-based Silk Road and the Maritime Silk Road are China and Central Asia, Southeast Asia, South Asia, and West Asia. , East Africa, Europe's major economic and cultural exchange channels, 'One Belt and One Road' is the heritage and promotion of the ancient Silk Road, and has gained widespread recognition.

The contradiction between oversupply and demand in the plastics market in China is more prominent. The problem of overcapacity is more serious. This has also led to the continued decline in the price of the plastics market and weakened market competitiveness. International trade brought by 'One Belt and One Road', financial support, energy supply And the new economic growth point will stimulate the development of China's plastics industry. Enterprises in the plastics industry can use the 'Belt and Road' infrastructure, such as traffic construction, urbanization and other infrastructure construction, and the construction of countries along the country and along the route. Unit cooperation, undertake projects at home and abroad, resolve excess production capacity, enhance the competitiveness of enterprises.

According to customs statistics, in 2017, China's import and export of plastic products totaled US$46.35 billion, an increase of 8.65% compared with the same period of last year. The amount of exports was US$41.264 billion and the amount of imports was US$5.086 billion. The volume of imports and exports increased compared to previous years. Among them, data It shows that the main directions of imports and exports are the United States, Southeast Asian countries, and Europe. China's large export volume of plastic products stems from the low prices of domestic raw materials, and the formation of spreads with export regions, facilitating domestic exporters to operate. This advantage will be in the 'Belt and Road ' continue to extend and expand.

In addition to the “Belt and Road” destination, Western Europe is a developed country. Many countries along the route are developing countries. Economic development in developing countries is relatively backward and labor costs are relatively low. Relevant data show that the labor cost of recycled plastics industry in Indonesia is 300 US dollars, Vietnam is about 250 US dollars, Cambodia is about 100 US dollars. Even if China is the largest developing country, the labor cost in the Pearl River Delta region is about 600-650 US dollars. Therefore, China's relevant recycled plastics companies can fully put the industry chain. The labor-intensive, high-value-added products were transferred to the relevant countries before they were imported, and then their products were imported to the country to reduce production costs and increase profits.

The benefits of the “One Belt and One Road” to the plastics industry are far more than these. The opportunities it creates for the plastics industry are huge and continuous. Related companies should actively integrate the 'One Belt and One Road' initiative, seize opportunities, and actively strengthen exchanges with countries along the route. And cooperation, to find new breakthroughs and directions for the development of the plastics industry, promote the development of enterprises, and realize the sustainable development of the plastics industry.

2016 GoodChinaBrand | ICP: 12011751 | China Exports