China: production of plastic products by month 2019-2020
The graph shows the production of plastic products in China from July 2019 to July 2020. In July 2020, about 6.8 million tons of plastic products had been produced in China.
Plastics industry in China
China is the world’s largest plastic producer as of 2018, accounting for nearly one third of the global plastics production. In 2015, approximately 76 million tons of plastic products were produced in China, with the total sales value of the plastic product manufacturing industry in China amounting to 2.19 trillion yuan.
While the production and supply of plastic materials are dominated by large state-owned companies, the majority of Chinese plastic product manufacturers are small private companies. The plastic product sales from private plastics manufacturing enterprises had valued 1.11 trillion yuan in 2015. Foreign investment in the Chinese plastic industry has increased significantly since China joined the World Trade Organization (WTO). The foreign-funded plastic industry in China had generated a total revenue of about 453 billion yuan in 2015. China’s plastic industry is undergoing a comprehensive transition from quantity to quality; the future development of this industry is focusing more on technological innovation with eco-friendly concepts.
Plastics industry in China
China is the world’s largest plastic producer as of 2018, accounting for nearly one third of the global plastics production. In 2015, approximately 76 million tons of plastic products were produced in China, with the total sales value of the plastic product manufacturing industry in China amounting to 2.19 trillion yuan.
While the production and supply of plastic materials are dominated by large state-owned companies, the majority of Chinese plastic product manufacturers are small private companies. The plastic product sales from private plastics manufacturing enterprises had valued 1.11 trillion yuan in 2015. Foreign investment in the Chinese plastic industry has increased significantly since China joined the World Trade Organization (WTO). The foreign-funded plastic industry in China had generated a total revenue of about 453 billion yuan in 2015. China’s plastic industry is undergoing a comprehensive transition from quantity to quality; the future development of this industry is focusing more on technological innovation with eco-friendly concepts.
