The Chinese plastics industry is known as "look at Yuyao in the north and Zhangmu wood in the south". Dongguan is one of the largest plastic distribution centers in the country, and the plastic markets in Zhangmutou, Huangjiang and Changping are very active. The data shows that the national plastic consumption in 2014 was 70 million to 80 million tons, the annual throughput of Zhangmutou alone was nearly 5 million tons, the output value was tens of billions of yuan, and there were as many as five or six thousand traders.

In recent years, the production capacity of the plastics industry has continued to increase, costs have risen but demand has fallen, and disintermediation is a major trend to break through. "In recent years, the industry situation is grim, and some traders are suffering. The shortening of the transaction chain and the reduction of intermediate costs through e-commerce platforms have become an industry trend, and many traders are accelerating the destocking breakthrough." An industry source told reporters.