中国石油化工集团公司(以下简称石化集团)是1998年7月经国务院批准在原中国石油化工总公司基础上重组成立的特大型石油石化企业集团,是国家独资设立的国有公司、国家授权投资的机构和国家控股公司。自1998年集团重组成立以来.面对重组初期产业布局分散、多头管理、资产运营效率低等突出矛盾. China Petrochemical Corporation (hereinafter referred to as “Petrochemical Corporation”) is a large petroleum and petrochemical enterprise group approved by the State Council in July 1998 reorganized on the basis of the former China Petrochemical Corporation. It is a state-owned company wholly owned by the state, an authorized institution invested by the State State holding company. Since the establishment of the group reorganization in 1998, faced with the prominent contradictions such as scattered industrial layout, long-term management and low asset operation efficiency in the initial stage of reorganization.