China Drying Network News reported that the investment in fixed assets of the petroleum and chemical industry was 903.129 billion yuan, an increase of 30.9% year-on-year, an acceleration of 12 percentage points from the same period of last year and an acceleration of 0.2 percentage points from the first six months of the year, higher than the national increase in fixed asset investment. 10.5 percentage points, investment growth continues to accelerate. Investment in oil refining and chemical industry has maintained rapid growth. From January to July, the investment in oil and natural gas exploration industry was 105.928 billion yuan, an increase of 5.4% year-on-year, 2.1 percentage points faster than the period from January to June, accounting for 11.7% of the total investment in the industry; and the investment in the chemical industry was 660.968 billion yuan, an increase of 34.6%. From January to June, it decreased by 0.3 percentage points, accounting for 73.2%; the investment in the oil refining industry was 94.868 billion yuan, an increase of 31.7%, which was 0.3 percentage points lower than the previous June, accounting for 10.5%. From January to July, the investment in specialized equipment manufacturing was 41.365 billion yuan, a year-on-year increase of 58.8%, and continued to maintain a rapid growth, accounting for 4.6% of the total. In the chemical industry, the growth rate of synthetic materials, basic chemical raw materials, and chemical ore mining and mining are leading. From January to July, the investment in synthetic materials was 83.097 billion yuan, a year-on-year increase of 65.0%. The growth rate continued to rank first in the chemical industry and accounted for 12.6% of the total chemical investment. The chemical mining industry was ranked second with a growth rate of 63.4%. The basic chemical raw material manufacturing investment was 217.222 billion yuan, an increase of 50.5%, ranking third, accounting for 32.9%, of which the increase in organic chemical raw materials investment reached 65.5%. In addition, in the first seven months, the investment in specialty chemicals was 150.598 billion yuan, an increase of 21.1%, accounting for 22.8% of the total; the investment in rubber products was 72.649 billion yuan, an increase of 17.5%, and the growth was steady and fast.
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