Feb. 3 (Bloomberg) -- China’s petroleum and chemical industries will grow at an annual rate of 13 percent through 2015 to 14 trillion yuan ($2.2 trillion) in output, the country’s industry ministry said today.
The industry will meet domestic demand, boost production capacity for new chemical materials and increase supplies of agricultural chemicals, according to a statement posted on the Ministry of Industry and Information Technology’s website.
--Michael Wei. Editor: Joshua Fellman
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