In 2017, the reshuffling of the coatings industry was completed, and the output reached a new high.

On the afternoon of December 25, 2016, the 25th meeting of the Standing Committee of the Twelfth National People's Congress closed with 145 votes in favor, 1 vote against, and 4 abstentions, and passed the Environmental Protection Tax Law (hereinafter referred to as the environmental protection tax). This is the first single-line tax law introduced by China after the 18th National Congress of the Communist Party of China. It is also the first single-line tax law in China that specifically embodies the "green tax system". It will be levied on January 1, 2018. Relevant standards have been issued, and the details are as follows.

Demand for water-based coatings continues to grow around the world, most of them driven by environmental policies. At the same time, more and more customers are calling for more attractive environmental solutions. According to data obtained by Grand View Research (GVR), the total market for water-based coating systems in 2014 was 20.55 million tons. According to Markets and Markets and Zion Market Research (ZMR) market survey results, global waterborne coatings sales in 2015 were less than 54 billion euros, and consumption in 2020 is expected to exceed 32 million tons. The growth of the water-based coatings market looks promising. Markets and Markets (MaM) is expected to grow at an average annual rate of 5% by 2020. Global waterborne coatings sales

Recently, the Ministry of Environmental Protection held a meeting of the Party Leadership Group (Enlargement) of the Ministry of Environmental Protection, which announced that in 2019, it is planned to continue the second round of central environmental protection inspections. The Ministry of Environmental Protection has stated recently that a second round of central environmental inspections will be launched in 2019. From the end of 2015 to the end of 2017, China has completed the first round of central environmental protection inspection in 31 provinces (autonomous regions and municipalities), effectively promoted local environmental protection work, and solved a large number of outstanding environmental problems.