China will control exports of high petrochem products

China will steadily control exports of some high carbon petrochemical products, said the Ministry of Industry and Information Technology (MIIT) on Thursday.

"We will promote refining and chemical projects to reduce the output of refined oil products and to increase chemical products, and to extend the petrochemical industry chain," it said in a statement.

The ministry did not elaborate on the details of what restrictions they will implement. However, it said that China will strictly control new capacity in its oil refining industry. Through their new policies they will decrease both inefficient and outdated production capacity.

In its statement, the ministry urged refiners to adopt better technology in order to reduce emissions as the country wants to improve its air quality as they meet their climate change pledges.

China is the world's biggest greenhouse gases emitter. The country has been working on  cutting export quotas of refined oil products in order to avoid overprocessing.

They want to cut emissions of volatile organic compounds (VOCs) in 2025 by 10 percent from 2020 levels.