China's resin, plastic product output climb by 23% and 21% in first half of 2010

摘要

Whatever slowdown the sector might have experienced in 2009, China's plastics industry has accelerated past 2009's economic speed bump to double-digit gains in plastic and plastic products over the first half of 2010. Research in China's report shows that synthetic resin production rose 23.21% in the first half of 2010 over the year-earlier period to 21.07 million tons. The sector's profits totaled RMB 8.04 billion ($1,183 billion), which was up 54% year-on-year, while the output of plastic products rose 21.11% to 25.76 million tons. The total industrial profit sported the gaudiest gains, hitting RMB 22 billion ($3,239 billion), up 55% year-on-year.