Petrochemical and Chemical Private Enterprise Development Conference Held SME Working Committee

The 2005 China Petroleum and Chemical Private Enterprise Development Conference was held in Wuxi from September 26 to 27. China Petroleum and Chemical Industry Association SME Working Committee was announced at the meeting.
According to reports, after the first private enterprise development conference in 2003, this meeting was once again a summary of the development of the private economy of the industry. According to the statistics of the National Bureau of Statistics, by the end of 2004, there were 17,856 petroleum and chemical companies above designated size (with an annual sales income of over 5 million yuan), including 14,001 non-state-owned enterprises, accounting for 78.4% of the total number of petroleum and chemical companies in the country; In 2004, the total industrial output value of the industry was 2,266.6 billion yuan, of which non-state-owned enterprises had an output value of 8,655 billion yuan, accounting for 35.1% of the total; total assets were 2,199.5 billion yuan, and their assets of non-state-owned enterprises were 674.87 billion yuan, accounting for 30.8%; The total profit was 279.3 billion yuan, of which non-state-owned enterprises had a profit of 60.09 billion yuan, accounting for 21.5%.
It is understood that in recent years, the voice of the relevant organizations in the industry that require the establishment of a private economy has become increasingly high. In May 2004, the council of the China Petroleum and Chemical Industry Association approved the proposal to establish a working committee for small and medium-sized enterprises. On November 10 of that year, it was approved by the Ministry of Civil Affairs. The chairman of the working committee is Li Xing, chairman of the Board of Jiangsu Chengxing Group, and the vice chairman is the 19 private chemical companies of You Xiaoping, chairman of Wenzhou Huafeng Group, and the China Petroleum and Chemical Industry Association and the China Petroleum and Chemical Planning Institute. People serve.
Li Yongwu, President of the China Petroleum and Chemical Industry Association and Vice Mayor of Wuxi City talked about the unveiling of the SME Working Committee. Li Yongwu hopes that the newly established working committee for small and medium-sized enterprises will earnestly implement the "Suggestions of the State Council to encourage and guide the development of individual-private and non-public-owned economies," and make full use of the advantages of the "government-enterprise bridge" to provide enterprises with markets, technologies and Policy information helps private enterprises improve their competitiveness. At the same time, it has established a good investment and financing platform for enterprises, actively studied the possibility of mutual protection and joint guarantee among members, and solved the financing problems of SMEs. To carry out professional training work to improve the level of technology and management.
The conference was organized by the China Petroleum and Chemical Industry Association. At the meeting, 127 outstanding private enterprises such as Hebei Shenghua Chemical Co., Ltd. were commended and an award ceremony was held. More than 200 persons in charge of private chemical companies attended the meeting.

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