On March 29, the "2024 13th China Cement Industry Summit Main Forum and TOP100 Award Ceremony" was held grandly. At the meeting, Zheng Jianhui, chief analyst of Cement Big Data Research Institute, made a keynote report on the challenges facing the cement industry in 2024 and the way to break the situation.
He believes that the cement industry will face many challenges in 2024, such as the accelerated decline in national demand, the further aggravation of overcapacity, the diminishing effectiveness of the steady growth policy, the disorderly competition in the industry, the low price innovation, the decline in profits, and the difficulties in the operation of enterprises.
He proposed that the cement industry should first establish and then break, first stabilize and then advance, and must realize that there is no winner in low-price competition, enterprises should look at the world; use differentiated competition, technological innovation and cooperation to replace low-price competition; rigid capacity reduction should be put on the agenda as soon as possible.
