The evolving shale gas boom in the U.S. looks set to be rivalled by China, which sits on the world’s largest shale reserves, based on current technology. This study provides a detailed analysis of China’s Shale gas developments and highlights the potential outlook and opportunities for China’s petrochemicals sector. A comprehensive analysis of China’s evolving shale gas sector covering details on key players active across the value chain including exploration, production, processing, delivery and marketing is provided. Petrochemical landscape developments review the impact of shale gas on major chemicals value chains, focusing on ethylene and propylene derivatives.