At the “Eleventh Five-Year Plan” Symposium on Petroleum and Chemical Industry held on October 18 and the 2006 China Chemical Industry Park Development Forum, Li Yongwu, President of the China Petroleum and Chemical Industry Association, stated in his speech that the formulation and implementation of “Eleventh Five-Year Plan” "Development planning requires attention and handling of the five major relationships.

First, handle the relationship between development and restrictions. During the “Eleventh Five-Year Plan” period, we must focus on three major aspects of structural adjustment: First, we should pay attention to the restructuring of enterprises; Second, we must focus on product structure adjustments; Third, we must focus on industrial layout adjustments.

Second, deal with the relationship between growth and avoidance. We must focus on the work in two areas: First, proceed from the characteristics of China's resource endowments and vigorously develop the coal chemical industry. In terms of development priorities, we should standardize the development of coal to methanol, encourage the development of dimethyl ether, control the development of acetic acid, vigorously develop coal to olefins, and prudently develop coal to make oil. The second is to proceed from the professional characteristics of petroleum and chemical industry and vigorously develop circular economy.

Third, handle the relationship between introduction and development. It is impossible to build a strong petrochemical country by relying on the introduction of technology. We must have our own core technologies of original science and technology innovation and technological integration innovation.

Fourth, handle the relationship between hardware and software. Including business management, information construction, corporate culture construction, "responsible care" concept.

Fifth, deal with the relationship between local and global. All localities and enterprises must give full play to their enthusiasm and creativity and do a good job according to local conditions. However, they must take the overall situation into consideration and maintain and obey the overall situation.

Li Yongwu believes that whether the above five relationships can be handled well is related to the implementation of the "Eleventh Five-Year" "Planning Outline" of the country in the petroleum and chemical industries, and whether it can complete the tasks of the "Eleventh Five-Year Plan".

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