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Looking back on the past and looking forward to 2023, the economic performance of the petrochemical industry is stable and improving.

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On the morning of February 16, the China Petroleum and Chemical Industry Federation held the "2022 China Petroleum and Chemical Industry Economic Operation Press Conference" in Beijing. The meeting was held in a combination of online and offline methods. The meeting comprehensively demonstrated the operation status of the petrochemical industry in 2022 and looked forward to the operation in 2023.

Looking back on 2022, my country's petroleum and chemical industry will generally operate smoothly and orderly.

In 2022, a century of changes and a century's epidemic will overlap, global growth will slow down and local conflicts will become prominent. Facing a complex and severe situation, my country's petroleum and chemical industry, under the strong leadership of the Party Central Committee and the State Council, will actively respond to the impact of many unexpected factors, and the industry will achieve overall growth Smooth operation provides a solid guarantee for national energy security and economic and social development.

Purely from the perspective of investment growth, national industrial investment will increase by 10.3% year-on-year in 2022, and manufacturing investment will increase by 9.1% year-on-year. The growth rate of oil and gas exploration and chemical industry investment significantly exceeds the national industrial and manufacturing average levels. Data show that in 2022, the completed investment in the oil and natural gas extraction industry will increase by 15.5% year-on-year, and the growth rate will increase by 11.3 percentage points year-on-year; the investment in chemical raw materials and chemical products manufacturing industry will increase by 18.8% year-on-year, and the growth rate will increase by 3.1 percentage points year-on-year; petroleum, The completed investment in the coal and other fuel processing industry fell by 10.7% year-on-year, compared with a year-on-year increase of 8.0% last year. Investment in oil and gas exploration and chemical industry has grown significantly, laying a solid foundation for my country's energy supply and raw material self-sufficiency improvement in the future.