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Bio-based and Biodegradable Plastics Industries in China – Short Version (PDF)

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China has emerged as a global leader in strategic technologies such as 5G, renewable energy, and electric vehicles in the past two decades. This dominance may leave European companies impressed and concerned about competition while also sparking curiosity about China’s leapfrogging advancement in these areas.

Paving the way to a net-zero chemical industry in 2060, using renewable biomass to produce bio-based chemicals has been one of the promising transitional solutions for the global chemical industry. As China and Europe strive to follow this path, a similar question may exist within the European chemical industry: What is the status of the bio-based industry in China? Can China and Europe find a cooperative and win-win way to develop this industry?

Authors
Ann Zhang and Michael Carus (both nova-Institute)
Date of publication
May 2024
Pages
14
Language
File type
PDF
Downloads
338