In 2020, our country will become the worlds largest petrochemical pump importer

According to statistics, by 2020, China's petrochemical pump imports will reach a staggering $5 billion, more than $4.9 billion in the United States as the world's largest petrochemical pump importer. In petrochemical pump imports will be three to six, respectively is: Japan, India, Germany and France.

The development of chemical industry is also an important factor of sinopec imports to increase, in the third reason is that energy development, in 2007 China holds the world's most advanced coal power generation technology. By 2011, China will have the equivalent of the double ability of coal and the coal power generation capacity will also be far more than the European Union. Energy industry will no doubt will enable China to import more of petrochemical products.