On March 16th, Vice Minister of Commerce Gao Hucheng announced at the 2005 Oil and Chemical Industry Injury Warning and Information Breathing Conference held in Beijing. The Ministry of Commerce’s Industrial Damage Investigation Bureau, China Petroleum and Chemical Industry Association, PetroChina and Sinopec, The CNOOC and China National Chemical Industry Corporation jointly participated in the implementation of the oil and chemical industry damage prevention and early warning information ventilation mechanism.

It is understood that from July 2003, the Ministry of Commerce commissioned the China National Chemical Information Center to carry out monitoring and research on industrial damage warning information for key sensitive chemical products. The research group screened 20 to 30 key sensitive products with high variability in import and export, and tracked domestic and international production conditions, changes in market prices and their impact, the impact of major emergencies, and the competitiveness of domestic and foreign products. The Company conducted longitudinal and horizontal correlation analysis of products, and provided services for government and corporate decision-making through the release of monitoring information, the provision of special reports, and information ventilation sessions. This became an important basis for establishing an industrial damage prevention and early warning information ventilation mechanism. Over the past two years, the focus of the research group has monitored 36 key sensitive chemical products such as chloroform, silicone, spandex, ethylene propanol, furanol, butanol, octanol, and catechol, and 9 products have been placed on anti-dumping cases in China. , accounting for 70% of the total number of chemical products filed in the same period across the country. The research team also submitted reports on industrial damage warning and monitoring for the four industrial chain of propylene, synthetic rubber, synthetic resin and PX-PTA-PET, which provided strong support for decision-making and industrial damage investigation of relevant state departments. The petrochemical industry's early warning information ventilation mechanism launched this time will focus on sensitive chemical products into the dynamic monitoring system, and will hold an information ventilation meeting every quarter in the future.

Wang Qinhua, director of the Bureau of Industrial Injury at the Ministry of Commerce, said that according to the product monitoring situation in 2005, there were three major features of international anti-dumping of petroleum and chemical products: First, high-tech products have become the new focus of anti-dumping in various countries; second, domestic and foreign anti-dumping products have a product structure. The difference is that China's foreign anti-dumping efforts have focused on high-tech and high value-added products such as some organic chemical raw materials and synthetic resins, while foreign anti-dumping efforts on China have focused on low value-added products such as inorganic chemical raw materials; The rise in oil prices has led to turmoil in the prices of many chemical products and has provided new topics for anti-dumping.

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