Cement market demand benefits from continuous growth of fixed investment in highway and waterway transportation

In recent years, China has continuously increased investment in fixed assets of highway and waterway, which has promoted the construction and development of transportation infrastructure. According to the statistics of the Ministry of Transport, from January to May 2023, the investment in fixed assets of highway and waterway transportation in China reached 1131.8 billion yuan, an increase of 14.2% over the same period last year. Among them, highway construction investment reached 1058.4 billion yuan, an increase of 13.2% over the same period last year; inland river construction investment reached 38.4 billion yuan, an increase of 41.5% over the same period last year; coastal construction investment reached 33.4 billion yuan, an increase of 16.8% over the same period last year. The continuous growth of fixed assets investment in

highway and waterway has directly led to the increase of cement demand. Highway construction involves the construction of roads, bridges, tunnels and other infrastructure, and cement is one of the main materials of these infrastructure. Highway construction investment accounts for the vast majority of the total investment, and its pulling effect on the cement market is particularly obvious.

At the same time, investment in inland river construction and coastal construction is also increasing, and the pulling effect on cement demand is gradually emerging. Investment in inland river construction increased by 41.5% year on year, and investment in coastal construction increased by 16.8% year on year. These investments mainly involve the construction of waterway transportation facilities such as ports, wharfs and waterways, and cement is an indispensable material in the construction of these facilities. Therefore, with the continuous advancement of inland river construction and coastal construction, the demand for cement will continue to grow. The pulling effect of

highway and waterway fixed assets investment on cement demand is not only reflected in the increase in quantity, but also in the improvement in quality. With the development of China's economy and the improvement of people's living standards, people's requirements for transportation infrastructure are getting higher and higher. In order to meet the increasing travel demand of people and improve the efficiency of transportation, it is necessary to increase the investment in fixed assets of highway and waterway. These investments not only simply increase the quantity of cement demand, but also promote the improvement of cement quality. In order to build more safe, efficient and environmentally friendly transportation facilities such as roads, bridges and ports, the quality requirements of cement are getting higher and higher. Therefore, the increase of fixed assets investment in highway and waterway will inevitably promote the technological progress and quality improvement of cement industry.

To sum up, the continuous growth of fixed assets investment in highway and waterway in China has played a positive role in stimulating the demand for cement. The increasing investment in highway construction, inland river construction and coastal construction has promoted the growth of cement demand and the improvement of cement quality. With the continuous improvement of China's transportation infrastructure, the cement industry will usher in a broader space for development. At the same time, cement enterprises should also actively respond to changes in market demand, increase technological innovation and quality improvement, and make greater contributions to China's transportation construction.