The current situation and future prospects of the industry are promising

In the years since the Second Plenary Session of the 19th Central Committee of the Communist Party of China, China's plastic processing industry has developed rapidly. In 2020, the output value of plastic packaging in China reached 428.3 billion yuan, accounting for one quarter of the global plastic consumption, making China the world's largest consumer of plastics. The plastic woven fabric industry is an important part of the plastic industry. In 2020, the total volume of the plastic woven fabric industry exceeded 20 million tons, ranking first in the world. The plastic woven fabric industry is a major category in packaging and holds an important position in packaging.

With the successful convening of the Fifth Plenary Session of the 19th Central Committee of the Communist Party of China, the development direction for the future rise of the southwestern region has been pointed out. The cooperation between Sichuan and Chongqing, as well as the long-term planning and policy encouragement for the economic aggregate growth of Yunnan, Guizhou and Sichuan, have been provided. Driven by the rapid economic development in the western region, industries such as chemicals, feed, fertilizers, and building materials are expected to develop rapidly and efficiently, and the demand for plastic outer packaging will increase geometrically.