China Has Become the World’s Largest Oil Refining Country, And the Petrochemical Industry Has Achieved a New Leap Forward.

Fu Xiangsheng, Vice President of China Petroleum and Chemical Industry Federation: Last year, crude oil production achieved four consecutive increases, and natural gas production also increased by more than 10 billion cubic meters for six consecutive years last year. It has made a very important contribution to the country's energy security and grain harvest.

In recent years, with the high-quality development of our country's petrochemical industry, especially the continuous completion and commissioning of new refining and chemical integration devices, the scale concentration of our country's petrochemical industry, the degree of clustering of petrochemical bases, the overall technical level and core competitiveness of the industry have all declined. A new leap has been achieved. At present, our country has increased to 32 refineries of 10 million tons and above, and the total refining capacity has reached 920 million tons per year, ranking first in the world for the first time.