From January to February of this year, as the "troika" of consumption, investment, and import and export slowed down, the overall economy of Guangzhou was in a downtrend, and industrial production, in particular, faced greater difficulties. The increase was only a single digit. In the same period, the city's petrochemical manufacturing industry achieved a total industrial output value of 33.87 billion yuan, a year-on-year increase of 6.9%. In this regard, people in the industry generally believe that the current situation is not optimistic. According to industry analysts, the second quarter is a critical period, and it is expected that it will steadily move upwards in April, and the rate of increase in May-June may be relatively large.
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