China's Petroleum and Chemical Industry Association Chairman Li Yongwu recently said in an inspection of Ningbo Chemical Industry that if the development is successful, the chemical industry in Hangzhou Bay will be no less than the Gulf of Mexico.

Li Yongwu inspected the MDI projects of Ningbo Chemical Industry Park, Zhenhai Refining & Chemical Co., Ltd. and Yantai Wanhua successively. He said that Ningbo Chemical Industry Park has a high starting point, and it is possible to develop imaging areas like Shanghai Cao Hao in the future. If the Ningbo Chemical Industrial Park can be jointly developed with the Shanghai Groove Chemical Park, then the Hangzhou-Jiangxi Bay Bridge will be no less than the Gulf of Mexico in the world.

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