Economic Status
Fine chemical industry is on the front rank in the world. Some fine chemicals have been able to meet domestic demand.
The development of fine chemical industry has promoted the improvement of other industries such as agriculture, medicine, textile, printing and dyeing, leather, paper making and so on. Meanwhile, it has brought economic benefits for these industries. The development of fine chemicals provides a guarantee for the development of biotechnology, information technology, new materials, new energy technology, environmental protection and other new and high technology. The development of fine chemical industry provides catalysts, auxiliaries, special gases, special materials (corrosion protection, high temperature resistance, solvent resistance), flame retardants, membrane materials, various additives, industrial surfactants, environmental protection chemicals, etc for production and processing of three major synthetic materials (plastics, rubber and fiber) and production of agricultural chemicals in petroleum and petrochemical industries. So the development of fine chemical industry ensures and promotes the development of petroleum and chemical industry. The development of fine chemical industry has improved the processing depth of chemical industry, and improved the economic benefits of large oil companies and large chemical companies. The development of fine chemical industry has improved the overall economic efficiency of the country's chemical industry, and strengthened the country's economic strength. Nowadays, fine chemical industry has become one of the strategic focuses of the world chemical industry development, and also become one of the focuses of the fierce competition in the chemical industry. Therefore, the national economic and trade commission pointed out in the outline of "fifteen" industrial structure adjustment plan: the development of chemical industry should focus on “chemical fertilizer, pesticide and fine chemical industry". Chemical fertilizers and pesticides are directly related to grain production, so fine chemicals are as important as grain production. Fine chemical industry can only rely on the domestic countries, and can not rely on foreign countries, it is the vital economic sectors which are related to the national economy and the people's livelihood.