Seize the growth opportunities of emerging economies and promote the rapid development of the plastic industry！

Currently, the global plastic industry is undergoing a transformation from a "slow west and fast east" pattern. According to S&P Global data, the compound annual growth rate of polyethylene demand in South Asia will reach 7.6% from 2024 to 2029, and in Southeast Asia it will be 5.1%, significantly higher than the growth rate of 1%-2% in developed countries. Emerging economies, driven by accelerated industrialization, urbanization, and demographic advantages, have become the main driving force for global plastic consumption growth. China, as the largest emerging economy, will maintain a growth rate of over 3.7% during the same period, forming a dual growth pattern of "core market leading and emerging markets exploding".

In order to adapt to the development of the plastic industry in emerging economies, we need to implement various key strategies. For instance, we should precisely position the market by region. In Southeast Asia, we focus on manufacturing clusters such as Indonesia and Vietnam, replicating the "self-built base + acquisition of local brands" model of Lianshou, and mainly supply building pipes and automotive modified plastics. We rely on bases in Thailand and Malaysia to radiate the markets in ASEAN. In South Asia, we center on India and Bangladesh, entering the packaging and agricultural plastic markets through the "export + agent" model, and building regional overseas warehouses to shorten the delivery cycle. For Africa and Central America, we adopt the "technology transfer + local cooperation" model. For example, we supply customized pipes to infrastructure projects in Ethiopia and provide plastic recycling solutions for countries like Belize.

For instance, establishing a system for technological innovation and product adaptation.For instance, establishing a system for technological innovation and product adaptation. Collaborate with research institutions to develop products that meet the demands of emerging markets, such as high-temperature-resistant agricultural films and low-cost biodegradable packaging materials. Collaborate with research institutions to develop products that meet the demands of emerging markets, such as high-temperature-resistant agricultural films and low-cost biodegradable packaging materials. Optimize product formulas based on the humid and hot climate of Southeast Asia. Optimize product formulas based on the humid and hot climate of Southeast Asia. Promote the experience of Lianshu's intelligent factory, deploy the Internet of Things production system at overseas bases, increase production efficiency by over 20%, and reduce cross-regional operation costs through digital management. Promote the experience of Lianshu intelligent factories, deploy the Internet of Things production system at overseas bases, increase production efficiency by over 20%, and reduce cross-regional operation costs through digital management. Introduce technologies such as chemical recycling of polypropylene and polylactic acid degradable materials to emerging markets, participate in local environmental protection projects, and seek government subsidies by emulating the "Green Belize Recycling" model. Introduce technologies such as chemical recycling of polypropylene and polylactic acid degradable materials to emerging markets, participate in local environmental protection projects, and seek government subsidies.

Finally, by improving the supply chain and service support, we will establish raw material processing bases in core regions such as Indonesia and Thailand to reduce reliance on imports; cooperate with local logistics companies to optimize transportation routes and solve the problem of insufficient port throughput in regions like Belize. Implement a local talent strategy, collaborate with local universities to conduct skills training, such as improving workers' professional capabilities by referring to the "Plastic Solutions Co." model; establish a multi-brand matrix to meet the demands of different market levels. Rely on the Silk Road Fund and export credit insurance to provide overseas investment financing and risk protection for enterprises; promote the signing of plastic product standard mutual recognition agreements with emerging economies to reduce market access costs.

As the core driving force for the growth of the global plastic industry, emerging economies have not only brought about an explosive increase in demand for the industry, but also promoted the reshaping of the supply chain structure and the upgrading of technological innovation. Seizing this historical opportunity is not only the inevitable choice for the plastic industry to break through the current global market bottlenecks and achieve high-quality development, but also the key path for Chinese plastic enterprises to enhance their international competitiveness and seize the global industrial commanding heights. We hope that all parties will take this proposal as a starting point, reach consensus, integrate resources, and jointly explore the unique paths suitable for Chinese plastic enterprises to enter the markets of emerging economies, contributing China's strength to the green and intelligent development of the global plastic industry, and helping China move from a "plastic production giant" to a "plastic industry powerhouse"!