Attention cement industry! Report on the Work of the Government: Comprehensive Rectification of "Involution" Competition

According to Xinhua News Agency, when referring to the in-depth promotion of the construction of a unified national market, the Report on the Work of the Government said that we should speed up the establishment and improvement of basic institutional rules, break down local protection and market segmentation, break through the blockages that restrict the economic cycle in terms of market access, exit and factor allocation, and speed up the construction of a unified national market. Comprehensive rectification of "involution" competition . At the meeting of the Political Bureau of the Central Committee of the Communist Party of China held on July 30

last year, it was pointed out that industry self-discipline should be strengthened to prevent "involution" vicious competition . We should strengthen the mechanism of market survival of the fittest and smooth the exit channels of backward and inefficient production capacity.

Subsequently, cement industry associations in Shaanxi, Zhejiang, Shandong, Guizhou, Hebei, Sichuan, Yunnan, Jilin, Qinghai, Jiangxi and other provinces issued detailed proposals to strengthen industry self-discipline and prevent "involution" vicious competition.

China Cement Network, as an industry platform, has long taken promoting the healthy and orderly development of the industry as its own responsibility, organized and launched OCC (Yangtze River Cement Enterprise Alliance), and took the lead in firing the first shot of "anti-inwinding anti-dumping" in the cement industry through OCC. On September 9, the "Yangtze River Basin Cement Anti-involution Forum" hosted by OCC was successfully held in Wuhu Conch, and all the cement enterprises along the Yangtze River attended the forum to discuss the new path for the healthy development of the industry.

At the meeting, delegates expressed their commitment to adopting diversified and effective measures, such as the implementation of peak-staggering production strategy, to promote orderly competition and sustainable development of the industry. Delegates at the meeting firmly believed that only when the industry achieves steady growth, can we ensure that there are enough resources and time to invest in deeper technological innovation and green transformation, so as to promote the long-term development of the entire cement industry.

On November 15, the "2024 China Cement High Quality Development Forum and OCC Second Anti-Involution Forum" was held in Tongcheng, Anhui Province. Cement enterprises along the Yangtze River gathered again to discuss the road of strong self-discipline and anti-involution in the cement industry under the new situation. Gao Dengbang, president of

China Cement Association, pointed out at the meeting that the current industry has encountered some difficulties, which are caused by many factors. Cement workers have always been not afraid of difficulties and have the courage to open up. In the current market downturn, they should be more determined and high-spirited. We should always uphold the concept of fair competition and win-win cooperation, actively respond to the call of the state on strengthening industry self-discipline, preventing vicious competition and promoting the optimization and upgrading of industrial structure, jointly safeguard the industry ecology, and push the cement industry to a new height with our own efforts. In the second half of

2024, the domestic cement industry held high the banner of "anti-involution", resolutely resisted vicious competition and achieved good results, and the operation situation of the industry was obviously better than that in the first half of the year . In the new year, facing serious overcapacity and complex and changeable market environment, the cement industry needs to continue to adhere to the "anti-involution" and jointly maintain the stable development of the industry.

Amid the ups and downs of the economic tide, the cement industry is standing at a new crossroads. On March 13-14, 2025, China Cement Network will hold the 14th China Cement Industry Summit and TOP100 Award Ceremony in Hangzhou, Zhejiang Province. The theme of this summit is "New Cycle Anti-Involution Breakthrough", which lights a beacon for the cement industry and guides the way forward.

Summit topics are rich and comprehensive, from macroeconomic situation analysis, policy interpretation, to quality control, technology application, to supply-side optimization and demand-side docking issues, directly hit the pain points of the industry, to help break through the bottleneck of development. During

the meeting, wonderful activities continued. The special session of technology brings a feast of cutting-edge science and technology; the closed-door meeting of " Cement Economy 50 Forum " builds a platform for in-depth communication; the main forum of industry summit and TOP100 award ceremony commend excellence and stimulate innovation vitality.