The heavy-chemical industrialization phase of China, which has been continuing for more than a decade, is ending; the heavy-chemical industry enterprises among China's top 500 companies will enter the process of long-term de-capacity and phase transformation. According to Anbound research team, many areas relatively backward in development place hope on compensation development of local economy and supplement of industrialization phase, and have invested considerable resources in heavy-chemical industrial development. Clear understanding of the development and phase transformation of China’s heavy-chemical development will help to reduce the blind spots in the policies of local businesses.