Industry Summit | Xiao Jiaxiang: The Cement Industry Must Be Resilient to Get Out of the Dilemma

On March 14, the 14th China Cement Industry Summit and TOP100 Award Ceremony hosted by China Cement Network was held in Hangzhou, and Xiao Jiaxiang, Executive Chairman of China Cement Association, made a brilliant speech.

Xiao Jiaxiang pointed out that the current and future situation facing China's cement industry is difficult and complex, in this situation, I hope you will remain rational and tenacious. In difficult times, we must rationally judge the situation and make rational decisions, especially at the leadership and decision-making levels. At present, there are many favorable aspects in the

industry, so we should strengthen our confidence. 1. The decision and deployment of the central government have pointed out the direction for us, strengthening self-discipline, anti-involution, giving full play to the market mechanism, speeding up the withdrawal of backward and inefficient production capacity, and realizing the steady growth of the industry; 2. The basis of industry consensus is further strengthened; 3. The national macro-industrial policy is conducive to the cement industry and has strength; 4. This year's foundation is better than that at the beginning of last year. Recently , the price of cement has been rising. More importantly, the leading ability of large enterprises is being further strengthened, and the self-discipline of the industry will be further strengthened.

Xiao Jiaxiang also pointed out that if the cement industry wants to get out of the predicament, it must have tenacity and insist on one thing. The tenacious foothold of the industry is to identify two major objectives and tasks: 1. Strengthen industry self-discipline, adhere to off-peak production, anti-involution and steady growth; 2. Focus on the long-term sustainable development of the industry, deepen the structural reform of the supply side, reduce capacity, improve capacity concentration, and achieve high-quality development.

The above two tasks are the fundamental way out for the cement industry to get out of the predicament. Xiao Jiaxiang pointed out that if we have a clear goal and stick to it, we will be able to solve the problems of the industry.