China's economy is facing eight major problems, including declining birth rate, insufficient scientific and technological innovation, rising populism, transitional plan, large proportion of state-owned enterprises, sluggish consumption, excessive policy subsidies and unstable asset prices.
Cement industry should not dream of demand recovery, demand falls to less than 1 billion tons in 10 years is a super high probability! In the future, the
cement industry will need to use a large number of alternative fuels to achieve energy conservation and emission reduction; accelerate industrial integration, clear production capacity; adjust the industry mentality, and put aside the obsession of competition.
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