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The new material industries that Sichuan Province has included in its support include chemical new materials. Vanadium and titanium new materials, silicon materials, rare earth new materials, superhard materials, new biomedical materials and other six industries. It is understood that in the first 7 months of this year, the new material industry completed a total industrial output value of 14.9 billion yuan, a profit of 1.445 billion yuan, and foreign exchange earned from exports of 142 million US dollars, an increase of 21%, 15%, and 11% year-on-year respectively.
New chemical materials will become the focus of Sichuan Province's future industry
It is said that the forthcoming "Sichuan New Materials Industry Development Plan" will list new chemical materials as the most important, most potential for development and supporting industries. The provincial government will implement preferential policies for taxation and land through the establishment of major special projects for new materials, implement special industrial layout adjustments, technological transformation, and technological innovation policies to promote the rapid development of Sichuan's new materials industry in order to cope with the financial crisis and pull. Domestic demand and promotion of related industrial structure upgrades.