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Petroleum, Chemistry Maintain Growth Momentum
China continued to maintain the growth momentum in the petroleum and chemical sector in the first half of this year.
The two industrial sectors recorded an added value of 192.4 billion yuan in the six-month period, up 19 percent over the same period of last year.
China's petroleum and chemical sectors have seen an overall rise in production, market sales as well as in export and import since the beginning of this year, according to the State Administration of Petroleum and Chemical Industry.
During the January-June period, China turned out 81.03 million tons of crude oil and 57.43 million tons of finished oil products, up 2.33 percent and 13.19 percent, respectively, over the same period of last year.
In the meantime, the country's petroleum and chemical sectors registered an industrial output value of 583.5 billion yuan and market sales volume of 602.4 billion yuan, up 28 percent and 15.44 percent, respectively, over the same period of last year.
In addition, the country's petroleum and chemical sectors achieved 27.13 billion U.S. dollars in imports and exports during the first five months this year.
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