More petrochemical co-op urged between mainland, Taiwan
Updated: 2010-11-30 09:33
(Xinhua)
TAIPEI - Experts and industry insiders have called for more cooperation in the petrochemical industry between the Chinese mainland and Taiwan.
Both sides of the Taiwan Straits can develop all-round cooperation in the petrochemical industry, including by expanding joint exploration efforts for oil and gas, Sheng Huaren, honorary president of the China Petroleum and Chemical Industry Federation (CPCIF), said at a biennial cross-Straits meeting on the petrochemical industry in Taipei Monday.
Hundreds of representatives from the petrochemical sectors of both sides of the Straits attended the meeting.
The two sides should enhance cooperation in petrochemical-products trade to optimize production, marketing and logistics networks, Sheng said.
Development of Taiwan's petrochemical industry has been impeded by a shortage in resources and land, said Chen Wu-hsiung, chairman of the Petrochemical Industry Association of Taiwan, adding that expanded cooperation by both sides of the Straits will boost the industry.
The mainland is Taiwan's largest petrochemical-product export market.
In 2009, Taiwan exported about nine million tons of petrochemical products to the mainland, about 40 percent of the island's total petrochemical exports.
Taiwan is the mainland's largest source of synthetic fibre, which is used to make textiles.
It is the mainland's second largest source of synthetic resin, which is used to make plastics.
Paper's Digest
China bags Asiad team tennis title after 24 yrs
Wimbledon semifinalist Li Na led host China to capture the team tennis title on Tuesday at the Asian Games, accomplishing her Asiad tour with three consecutive victories.
China rate rises no panacea to curb inflation: PBOC adviser
Specials
Safeguarding environment a priority
China continues to face mounting pressure to curb environmental degradation, despite progress in reducing pollution over the last five years, the environmental protection minister warned.
Employment to remain a continuing challenge
China's top labor official said the country will face a tough employment situation in the next five years.
Russian possessed with TCM
Born into a family of doctors, Maxime became interested in Traditional Chinese Medicine (TCM) at the age of 12, after hearing about TCM theories such as health preservation and recuperation.