The International Monetary Fund estimates that the global economy will grow by 5.9% in 2021, and the World Bank's January 11 Global Economic Outlook predicts that the global economy will grow by 5.5% in 2021.

The economic performance of China's petrochemical industry in the first year of the 14th Five-Year Plan also greatly exceeded expectations. The operating income of the whole industry reached 14.45 trillion yuan, a year-on-year growth of 30%; The total profit reached 1.16 trillion yuan, up 126.8% year on year; The total volume of imports and exports was 860.88 billion US dollars, up 38.7 percent year-on-year. The set of data from the National Bureau of Statistics and the General Administration of Customs far exceeded the expectations at the beginning of the year, especially the business income and profit both created new historical records.

4 record highs

First, the business income reached a record high, the whole industry achieved business income of 14.45 trillion yuan, more than 400 billion yuan than the best year in history, a record high.

Second, the total profit reached a record high, achieving a total profit of 1.16 trillion yuan, and the petrochemical industry broke through one trillion yuan of profit for the first time in history, creating a record high.

Third, the total profit of the chemical sector reached a record high. The total profit of the chemical sector was 793.22 billion yuan, 31% more than the best year of the ""13th Five-Year Plan"" of the chemical sector and a record high.

Fourth, the income profit rate of the chemical sector reached a record high, and the income profit rate of the chemical sector reached 9.16% for the first time, 2.27 points higher than the best year of the chemical sector in the ""thirteenth Five-Year Plan"", a record high. These record highs, all business sectors, all sub-specialties are feeling the same, foreign and domestic enterprises are full of POTS and pans.