According to the 30th press release issued by the National Development and Reform Commission of China, in January-February, the petrochemical industry realized a value of RMB 1,319.7 billion (RMB, the same below), a year-on-year increase of 33.9%, which was the same as last year's growth rate. Among them, the oil refining industry was 441 billion yuan, an increase of 30.7% year-on-year, 7.3 percentage points lower than the growth rate of the previous year; the chemical industry was 847.9 billion yuan, an increase of 35.5% year-on-year, an increase of 2.9 percentage points from last year's growth rate. In the first two months of last year, the average growth rate of petrochemical industry was about 13.8%, 0.2% higher than last year's growth rate.
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