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年初以来，受东南亚金融危机和国际市场油价下跌影响，国内石油、石化、化工行业曾一度面临市场疲软、产品销售不畅、价格下跌、效益滑坡的严峻形势。在国务院和经贸委领导下，国家石油和化学工业局和两大集团公司组建工作顺利完成，认真贯彻中央3号、12号文件精神和国务院领导
Since the beginning of the year, affected by the financial crisis in Southeast Asia and the drop in oil prices in the international market, the domestic oil, petrochemical, and chemical industries once faced the grim situation of a weak market, sluggish sales of products, falling prices, and a decline in profits. Under the leadership of the State Council and the Economic and Trade Commission, the formation of the National Petroleum and Chemical Industry Bureau and the two major group companies was successfully completed, and the spirit of the No. 3 and No. 12 documents of the Central Committee and the leadership of the State Council were conscientiously implemented.