China Economic Outlook and Market for Olefins

From 1978 to 2006,China’s annualGDP growth averaged 9.67%,muchhigher than the 3.3% of the worldGDP during the same period.Theprimary data disclosed that China’sGDP increased by 10.7% in 2006,andit is 11.5% for the latest.In the first quarter 2007,China’sGDP grew 11.1%.The growth aver-aged 13.2% in manufacturing,min-ing and construction sectors,and9.9% in transport,posts andtelecommunications,catering,