Wen Guangyong, Deputy to the National People's Congress: Let the Cement Industry Move to a New Track of High-quality Development with Market-oriented Funds

2026, as the first year of the 15th Five-Year Plan, is also the key performance period for the cement industry to be incorporated into the national carbon market. Under the dual pressure of demand contraction and overcapacity, the withdrawal of inefficient production capacity has become the focus of attention of the two sessions. Wen Guangyong, deputy to the

National People's Congress, suggested during the two sessions that a national cement industry capacity integration fund should be set up to promote the industry from the "price war" quagmire to a new track of high-quality development by market-oriented means. It is reported that the current cement industry has a serious overcapacity. In 2025, the national cement output reached a 16-year low of 1.69 billion tons, the capacity utilization rate was less than 50%, the total profit of the industry was only about 29 billion yuan, and the R & D investment was far below the average level of industrial enterprises.

Wen Guangyong pointed out that the fund needs to improve the top-level design, adopt market-oriented operation mode, introduce multiple investors, and achieve "self-hematopoiesis" by retaining the three-year carbon emission quota of voluntary withdrawal from production capacity, while adopting the strategy of "pilot first, gradual promotion" to land steadily. Its proposal echoes the idea of Zhou Jinbo, deputy to the National People's Congress, to set up a "cement industry carbon reduction fund", aiming at breaking the vicious circle of the industry, promoting the concentration of resources to superior enterprises, and promoting the green, low-carbon and high-quality development of the industry.