China Consults on Industrial Structure Adjustment Guidance Catalogue

On 8th April, China National Development and Reform Commission (NDRC) issued a notice [1] seeking public feedback on the new version of Industrial Structure Adjustment Guidance Catalogue (Draft) [2], which consists of three categories, namely, the Encouraged, the Restricted and the Eliminated, representing the government’s attitudes towards different technologies, equipment, products and industries. In the new version of the Catalogue Draft, the ordinances for the chemical industry have changed a lot. If the proposed changes articulated within the draft are finalized and implemented we expect significant impact on the rubber and plastics industry.