Four growth! China’s Plastic Products Industry Developed Steadily from January to July

Recently, Wang Zhanjie, Vice Chairman of China Plastic Processing Industry Association, shared the economic indicators of China’s plastic products industry from January to July 2019 in a series of activities entitled “China Plastic Industry Chain Summit Forum and the 30th Anniversary Celebration of China Plastic Processing Industry Association”.

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According to reports, from January to July 2019, the cumulative output of plastic products enterprises in China totaled 53.2141 million tons, an increase of 7.22% compared with the same period last year.

The operating income of 15474 Enterprises above the scale was 105.37 billion yuan, an increase of 4.06% over the same period of last year.

The profit was 53.2 billion yuan, up 12.35% year-on-year, and the profit margin of business income was 5.05%.

The cumulative export volume of plastic products was 41.691 billion US dollars, an increase of 7.13% over the same period of last year.

Wang Zhanjie pointed out that the joint efforts of three million industrial workers in the industry have provided rich material resources and made due contributions to the development of relevant industries and the improvement of people’s living standards.

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