October 24, the CPC Central Committee held a press conference to introduce and interpret the spirit of the Fourth Plenary Session of the 20th CPC Central Committee. Zheng Shanjie, secretary and director of the Party Leadership Group of the National Development and Reform Commission, revealed at the meeting that during the 15th Five-Year Plan period, China is expected to build and renovate more than 700000 kilometers of underground pipeline networks, with an additional investment demand of more than 5 trillion yuan.

Promoting the construction and transformation of underground pipeline network is an important measure to further promote the new urbanization in China. It is reported that the Fourth Plenary Session of the Twentieth Central Committee of the Communist Party of China deliberated and adopted the "Recommendations of the Central Committee of the Communist Party of China on the Formulation of the Fifteenth Five-Year Plan for National Economic and Social Development", which put forward such measures as further promoting people-oriented new urbanization, scientifically and orderly promoting the urbanization of agricultural transfer population, and vigorously implementing urban renewal. "This will effectively promote a virtuous circle of investment and consumption, and contain huge domestic demand space." Zheng Shanjie. A large amount of cement is needed as the basic material for the construction and transformation of
underground pipeline network. Whether it is laying new pipelines or repairing and upgrading the old pipeline network, cement is indispensable. The construction and transformation scale of 700000 kilometers will directly drive the demand for cement and provide market space for cement enterprises to grow.
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