Should the cement industry cancel capacity replacement?

2024-08-01 09:50:18

The purpose of capacity replacement is to curb capacity growth, but the result is just the opposite.

In recent years, there have been more and more calls to stop capacity replacement. Should the cement industry cancel capacity replacement?

Recently, China Cement Network communicated with Dr. Ma Weiping, former chairman and president of Yaobai Cement Group. Ma Weiping said that the purpose of capacity replacement was to curb capacity growth, but the result was just the opposite.

Why? Ma Weiping analysis: First, there is no clear requirement for the replaced production capacity. Many small production capacity and zombie production capacity turn into advanced production capacity with the help of capacity replacement, which aggravates the contradiction between supply and demand. Second, there is no strict requirement for replacement in different places, so many markets with relatively good demand are in deep trouble.

Ma Weiping appealed that the cement industry should keep pace with the times and revise the capacity replacement policy.

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The purpose of capacity replacement is to curb capacity growth, but the result is just the opposite.

2024-08-01 09:50:18

Among the top 500 Chinese enterprises in 2025, the number of enterprises with revenue exceeding 100 billion yuan was 267, an increase of 14 over the previous year, and the proportion of 100 billion yuan enterprises reached 53.4%. In 2024, the "Top 500" enterprises achieved a business income of 110.15 trillion yuan, and the total scale maintained a growth trend compared with the previous year; the average R & D intensity of the listed enterprises increased for 8 consecutive years, reaching a new high of 1.95%; the number of state-owned enterprises and private enterprises maintained a basically balanced pattern, with 251 and 249 respectively.