This is the third time in this year that the Ministry of Commerce has submitted such internal warning information to the oil and chemical industry.

On November 1st, the "2006 Third Quarter Oil and Chemical Industry Industry Early Warning Information Inflation Conference" sponsored by the Bureau of Industrial Injury Investigation of the Ministry of Commerce was held in Beijing.

At the meeting, Song Heping, the deputy director of the Bureau of Industrial Damage Investigation of the Ministry of Commerce, analyzed the economic and trade situation in the first three quarters of this year and reported on the new investigations and adjudication of industrial damage in anti-dumping cases in China's petroleum and chemical industries since the third quarter. The current status of China's industrial safety database expansion project.

An insider of the Ministry of Commerce told the reporter that such meetings will be held once at the end of each quarter. Sometimes depending on the stage characteristics of the industry, different topics and meeting methods will be determined, and the scale of meetings and the scope of participants will be appropriately expanded to obtain more macroeconomic information.

At the meeting, Dr. Guan Qingyou of the Asia-Pacific Institute of the Chinese Academy of Social Sciences gave a special report on "World Energy Pattern and China's Energy Security."

However, the core work of the conference is to maintain the information communication of early warning work.

According to the person concerned, this is part of the systematic project of the industrial damage early warning mechanism that the Ministry of Commerce has committed to establishing over the years.

In July 2003, the Ministry of Commerce commissioned the China National Chemical Information Center to carry out research on the “Industrial Damage Early Warning Information Monitoring of Key Chemical Products” project in order to understand the changes in the production and market prices of key sensitive chemical products at home and abroad, and how they affected and reflected major The impact of emergencies on the chemical industry and analysis of the competitiveness of the domestic chemical industry.

Since then, the Ministry of Commerce’s Industrial Damage Investigation Bureau has established a working exchange platform with units such as Sinopec, PetroChina, CNOOC, China Chemical Industry, and China Chemical Industry Association. On this platform, governments, enterprises, associations, and research institutes combine their respective early warning work on industrial damage, discuss early warning work methods, identify sensitive products, judge the preparatory police trend on the basis of quantitative analysis, and assess the effectiveness of early warning, and forward-lookingly propose Early warning forecast.

At this point, the industrial damage prevention mechanism of the petroleum and chemical industries is basically perfect. Previously, the Bureau of Industrial Injury Investigation of the Ministry of Commerce had established the same industrial damage warning system in the three industries such as steel, automobiles, and chemical fertilizers.

A person familiar with the matter told reporters that the impact of foreign investment on Chinese industries has recently begun to appear frequently in the early warning report of the Bureau of Industrial Injury Investigation.

According to the data, it is one of the main functions of the Bureau of Industry Injury Investigation of the Ministry of Commerce to establish and improve the industrial damage warning system in more industries. The establishment of this mechanism is considered to be more conducive to monitoring and analyzing the impact of international economic development and abnormal import and export on the competitiveness of domestic industries.

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