2022, due to the insufficient momentum of macroeconomic recovery and the continuous adjustment of the real estate market, the demand for cement has weakened significantly and the market competition has been fierce. Figure 1, 2: Industry Demand Since 2022, Decline
in both profits Data source: Cement Big Data (https://data.ccement.
Figure 3: The clinker capacity utilization rate reaches a new low
in 2022 Data source: Cement Big Data (https://data.ccement.0HT ML0 UNK5 In addition, the state strongly supports domestic enterprises to actively participate in the construction of "the Belt and Road" and encourages private enterprises to expand overseas business, which provides strong policy support for Chinese enterprises to go out. HTML0UNK6 Table 1: Combing relevant policies to encourage "going out" after the "the Belt and Road" strategy was put forward HTML0UNK7 < IMG SRC = "https://img7.ccement.com/richtext/img/wom0hmg98i1695173437423. According to the list of overseas investment and production in 2022 released by China Cement Network, 0HTML0UNK82022, Overseas investment assets of domestic cement enterprises can continue to grow. Reaching 4679. The top ranking are Conch Cement,