The chemical industry in China is one of China's main manufacturing industries. It valued at around $1.44 trillion in 2014, and China is currently the largest chemicals manufacturing economy in the world.[1]
The chemical industry is central to modern China's economy. It uses special methods to alter the structure, composition or synthesis of substances to produce new products, such as steel, plastic, and ethyl. Chemical industry provides building materials for China's infrastructure, including subway, high-speed train, and highway.
Prior to 1978, most of the product was produced by the state-owned business, and the share in product outputted by state-owned business had decreased in 2002.
The Chinese chemical industry is also one of the world's largest producers of both controlled and non-controlled precursor chemicals used in the Global illicit drug trade, particularly in the Golden Triangle, Mexico, Latin America and Europe,[2] with large volumes of these substances being traded through the growing research chemical (RC) industry online through social media and on B2B platforms and the dark web.[3] [4]