Structural Contradictions in the Industry Remain Prominent
Despite significant progress, China’s fine chemicals industry continues to grapple with pronounced structural contradictions. On one hand, certain traditional fine chemical sectors suffer from overcapacity and intense homogeneous competition among enterprises, leading to declining economic returns. On the other hand, domestic self-sufficiency rates remain low in areas such as semiconductor materials and high-performance catalysts, with reliance on imports persisting for key raw materials and products.
Environmental and Safety Pressures Continue to Mount
Traditionally viewed as a high-pollution, high-risk sector, the fine chemicals industry faces increasingly stringent environmental and safety pressures. Particularly under the dual carbon goals, achieving a green and low-carbon transformation has become critical for the industry’s sustainable development.
Technological Innovation Capabilities Need Enhancement
Compared with international advanced standards, China’s fine chemicals industry still has significant shortcomings in core technologies. Disconnects exist within the innovation chain, with a lack of effective linkage between laboratory research outcomes and industrial application. Although universities and research institutions have made considerable progress in basic research, enterprises’ capacity to adopt scientific achievements and develop them for industrialization remains relatively weak.