On March 29, the "2024 13th China Cement Industry Summit Main Forum and TOP100 Award Ceremony" was held grandly. At the meeting, Xiao Jiaxiang, Executive Chairman of China Cement Association, made a brilliant report on the theme of "Firm Confidence, Overcome Difficulties and Strive to Promote High-quality Development of Cement Industry".
He believes that opportunities and challenges coexist in 2024, and predicts that the demand of cement industry will decline by 3-5% and sales will fall below 2 billion tons in 2024, which will face further aggravation of overcapacity, high cost fluctuation, insufficient market confidence, deterioration of industry ecology, intensification of market competition, low start at the beginning of the year, intensification of regional and enterprise differentiation, and will lead to it. Some regions suffer serious losses, some enterprises are under great pressure to survive, and the pressure of steady growth of benefits is great.
Faced with the above difficulties and challenges, Xiao Jiaxiang proposed that the cement industry should maintain rationality and resilience, strengthen confidence, overcome difficulties and promote high-quality development of the industry.
