May 2003

Special Report: ACHEMA 2003

ACHEMA Perspective 2003-China

      Comments? Write: China is the most populous country, with a rapidly g..

      Comments? Write: China is the most populous country, with a rapidly growing economy. Over the past 20 years, China has progressively expanded the energy and raw material industries; in particular, great efforts are directed to the petrochemical industry. The real gross domestic product (GDP) grew by 7.5% in 2002 (down from 8% in 2000). The government's Five-Year Plan (2001 - 2005) sets a targeted annual 7% GDP growth between 2001 and 2005. China is a mixed economy composed of state-ow

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