Chinese-American cooperation in the plastics industry has a huge space
In 2007, China is its second largest source of imports of plastics and the third largest export trade
of the US plastics industry. For the US plastics industry, to strengthen cooperation with China become
important than before. Because the United States has suffered a subordinate mortgage crisis and the
mature market growth potential of Europe is limited and other factors.
National plastics industry is undergoing enormous changes , not only industry has expanded rapidly ,
and product quality is also improved rapidly. China plastic machinery processing capacity has been
ranked first in the world and is being changed from a plastics manufacturing country to a independent
developed country. China plastic synthetic resin production also has got to the second place in the world.
And massive imports have been gradually shifted on domestic production . Plastics processing capacity
ranks second in the world and the low value-added products are gradually owned.