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“China’s chemical fiber industry has witnessed remarkable achievements based on the development of the 12th Five-Year Program, which can be briefly described into such three points: the first is the gradually established global leading position in conventional fiber production field; the second is large-scale manufacturing of high-performance fibers that have sharply narrowed the gap between China and the developed countries for nearly 30 years; the third goes to industrial chain collaboration and brand building that have enjoyed popular support and won initial success.” Mr. Duan Xiaoping, President of China Chemical Fibers Association, gave his comments to the development of China’s chemical fiber industry during the 12th FiveYear Program period.
A set of data presents a more visualized illustration to the chemical fiber industry achievement during the 12th Five-Year Program period: “In 20XX, the chemical fiber industry saw an output of 43.9 million tons, increasing 42.1% over 20XX with an average annual growth of 9.2%, and accounting for 69.5% of the world with an increase of 7.6 percentage points over 20XX. The exports reached 3.24 million tons with an average annual increase of 14%, a jumping of 68.8% compared to 20XX. The proportion of chemical fiber industry in the total processing of textile industry accounted for 82.2%, up by 12.2 percentage points over 20XX.”
It is fair to say that China’s chemical fiber industry has witnessed a tremendous amplification in output, which however will be changed in the future.“We have made some adjustments to the growth target in output during the 13th Five-Year Program period. In the latest planning of ‘the 13th Five-Year Program’, the output growth is described as ‘the chemical fiber output is expected to reach 55 million tons till 20XX, an average annual growth of 3.6%’, and it should be mentioned that this is a roaring change,” stated Mr. Duan.