Want to be the new coordinate of Nanjing Chemical Exchange Project in China Chemical Industry

On September 12, Nanjing Chemical Exchange Management Co., Ltd. broke ground in Nanjing Chemical Industry Park. The project, with a total investment of about RMB 1 billion, is intended to increase Nanjing's GDP by more than 1 percentage point in the future. With greater ambition, Nanjing hopes that through the construction of this project, the city will become a new coordinate in the Chinese chemical market.
Nanjing Chemical Exchange Management Co., Ltd. is composed of China National Petroleum and Chemical Industry Association, Nanjing Chemical Industrial Park Co., Ltd., Nanjing Yanjiang Industrial Development Zone and other central, local, development parks, international foundations and related Chinese and foreign companies. Chairman of the board of directors Ni Yinghui introduced that the market is positioned as a modern service industry enterprise that combines the tangible market and the intangible market to create an innovative operating model for chemical trading services. It is expected that the annual transaction volume will reach 30 billion yuan after formal operation. Above RMB, it is planned to complete all project construction within two years and realize the expected transaction scale in three years. Under the guidance of operational ideas that are tangible and intangible, centralized and decentralized, traditional and modern, and domestic and international, the project will develop smoothly in effective resource assurance.
Xu Bin, president of the company, emphasized the supporting role of Nanjing Chemical Industry, especially Nanjing Chemical Industry Park, on Nanjing Chemical Exchange. Nanjing is the main source of modern chemical industry in China. There are currently 1,750 petrochemical and related enterprises above designated size. Petrochemical is also the largest pillar industry in Nanjing. The planned transaction volume of RMB 30 billion a year by the Nanjing Exchange will not only drive the development of leading industries and the development of supporting and associated industries, but will also increase Nanjing's GDP by more than 1 percentage point. Its scientific resource integration means The effect is also an important driving force for the adjustment of the local industrial structure.

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