Analysis of economic operation of China's chemical fiber industry in 2020

Overall, in 2021, China's chemical fiber industry will continue to be in the recovery cycle, but the process will not be smooth, and market volatility may increase. In 2021, China's chemical fiber production, industry economic benefits and other operating indicators are expected to be significantly better than in 2020. However, due to the low base in the first half of 2020 and the continued recovery in the second half of the year, it is expected that the growth rate of various indicators in the industry will show a significant trend of high and low in 2021. In terms of exports, due to the risk of the epidemic in the global pandemic is reducing, the international textile and apparel market demand is recovering, international logistics is recovering rapidly, it is expected that the export volume of China's chemical fiber products will return to growth.

In the long run, the epidemic has accelerated the structural adjustment of China's chemical fiber industry, further promoted the supply-side structural reform of the industry, and also prompted enterprises to think more about how to layout and development in the future.

In the post-epidemic era, "innovation, safety and environmental protection" will become the focus of China's chemical fiber industry. Industries and enterprises should continue to strengthen independent innovation, integrate new materials and new technologies, grasp the trend of domestic consumption upgrading, constantly improve product quality and added value of science and technology, and explore new demand. To improve the level of intelligent manufacturing, through the implementation of intelligent manufacturing, integration of industrial chain data resources, to achieve the "Internet of everything." At the same time, industrial safety can not be ignored. At present, the raw materials of chemical fibers in China are highly dependent on petroleum resources, and the raw materials of recycled cellulose fibers are highly dependent on imports, which have certain industrial safety risks. In the field of environmental protection, China has put forward the goal of "reaching the peak of carbon emissions before 2030 and striving for carbon neutrality before 2060", which will further promote and accelerate the pace of green transformation and upgrading of the chemical fiber industry.