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kai yilan pointed out that although the overall demand has not yet recovered to the pre-epidemic level, she sees more opportunities than obstacles in china. he said that he has 100% confidence in the chinese market, the chinese economy and china's future. he believes that with the promotion of policies and the growth of market demand, china's chemical industry is in the stage of "bottoming out and stabilizing".

however, even the chinese chemical market, which is full of opportunities, still faces challenges. although sales have improved, overall industry demand is still relatively weak, and industry insiders still need to be cautiously optimistic about the recovery in the second half of the year.

new technologies and new opportunities: foreign giants’ layout

from technological innovation to policy support, china's chemical market is undergoing a profound change. foreign giants have increased their presence in china, targeting niche areas such as batteries, green hydrogen, renewable materials and biotechnology, injecting new vitality into china's chemical market.

for example, the synsqo group is actively participating in opportunities in the chinese chemical market with its unique innovative technology. they are developing new products and services to meet the chinese market's demand for high-tech products. at the same time, they are also working with domestic companies to jointly promote the development of the industry.

this positive layout also reflects confidence in the chinese economy. with the continued growth of the chinese economy, the chemical industry will have greater room for development.

china's chemical market: challenges and opportunities coexist

the recovery of china's chemical market has also brought new challenges and opportunities. although overall demand is still recovering, the industry is still facing pressure from global competitiveness. therefore, in future development, we need to work harder to overcome these challenges.

• coordination of policy support and market demand: the government needs to formulate more complete policies to support the development of the chemical industry and guide the growth of market demand.
• technological innovation and industrial upgrading: it is necessary to further promote scientific and technological innovation and industrial upgrading to enhance the competitiveness of enterprises.
• international cooperation and market expansion: it is necessary to strengthen international cooperation, actively expand the market and enhance influence.

china's chemical market is in a stage of rapid development and will usher in more brilliant opportunities in the future. i believe that with the support of the government, the industry will continue to progress and create greater value.