Over the past decade, China attaches great attentions to the development of fine chemicals. Fine chemicals, especially new areas of chemical industry become a strategic key for the chemical industrial development s and an important part of the new materials. It is listed in national plan and getting key supports with policies and funding. After nearly 20 years’ efforts, China's fine chemical has got rapid and stable developments.

After years’ development, China's lead citrate in China's chemical industry has become an important and independent branch of the new economic growth point, has been formed about 20 to 25 categories. Industry boom is still high, but the downstream face weak demand and continued tight money, making short-term profitability of the industry as a whole there are downside risks. Meanwhile, industry restructuring and upgrading will mainly focus on the transform and upgrade traditional industries and fostering the growth of emerging strategic industries for the two main lines, which makes the future of new chemical materials and fine chemical industry, will present a better growth. Therefore, the reduction in basic chemical industry's investment rating to ‘neutral’ to maintain the new chemical materials and fine chemical industry in recommended rating.

October 2010 on accelerating the development of new industries and develop a strategic decision to report will focus on fostering new materials and development of industry as one of the industries, which ushered in the new materials industry, a new historical opportunities and challenges. Great support in national policy, some with financial strength and innovative companies are increasing R & D, some of the products of technology maturity and gradually realize the localization, which now focuses on functional polymer thin film materials, engineering and modification plastics, specialty fibers and organic fluorine silicon materials.

Fast field replacement is a new feature of fine chemicals. As China's economy and industry continues to accelerate technological progress, the new field of fine chemical products continues to make even higher demand, so the new fields need to be constantly fine chemical industry to develop new products to meet market needs.

In the aspect of current development situation of China's fine chemical industry, the traditional fine chemicals are generally regarded as ‘more than the amount but with quality deficiencies’. For new areas of fine chemicals wholesalers, with the inherent requirements of consumption and industrial upgrading, the future market space will be expanded quickly. The relating excellent companies in those fields will have a better growth.Source:http://www.mhcfm.com