China Cement Industry Report, 2007-2008 Available Now

DUBLIN, Ireland--(Business Wire)--Research and Markets
(http://www.researchandmarkets.com/reports/c79709) has announced the
addition of "China Cement Industry Report, 2007-2008" to their
offering.

The cement industry has grown rapidly since the reform and
opening-up, now it has become one of the pillar industries for
national economy development in China. The year of 2003 witnessed a
dramatic growth in cement industry, such as good economic operation,
rapid growth of output, steady increase of sales, rapid improvement of
performance and acceleration of structure adjustment.

There were 4,831 enterprises in the cement industry in 2003. Sales
revenues of these companies were above RMB five million. The total
assets was RMB 322.297 billion, up 13.74% year-on-year; the sales
revenue amounted to RMB 179.551 billion, rising 24.28% year-on-year,
and the total profit reached RMB 11.039 billion, nearly doubled than
the same period of previous year. However, there are still a series of
problems existing in the rapid development of the cement industry,
such as blind investment, low-level expansion, backward output
capability etc; correspondently, China also has implemented some
relevant policies. Therefore, the development of enterprises should be
complied with the policy. Meanwhile, the cement industry in China has
the problems in the structure as well, and the entry to WTO has
brought the opportunity for the structure adjustment of cement
industry in China; however, the infinite challenge is followed as
well.

The national economy in China maintained the continuous and rapid
development in 2006, the GDP amounted to RMB 20.9407 trillion, up
10.7% and 0.3 percentage points year-on-year; and the fixed assets
investment for the society was RMB 10.987 trillion, rising 24%, but
declining 2 percentage points year-on-year. The growth of fixed assets
investment was still fast, so the cement demand was strong, and then
the cement industry recovered in 2006. The total cement consumption in
China was 1.19 billion tons in 2006, up 14.4% year-on-year; the cement
output maintained the rapid growth to 1.24 billion tons, increasing
15.54% year-on-year, and ranking the first place in the world for 22
successive years. It was the strong demand in the cement market that
cement industry recovered the prosperity in 2006.

The fixed assets investment scale of the fundamental construction,
technology improvement, real estate etc. will maintain the higher
level in China during the 11th Five-year Period. The implementation of
the construction of Binhai, Development of Western Regions,
Revitalizing Old Northeast Industrial Bases, the promotion of
West-to-East Gas and South-to-North Water, and the overall start-up of
fundamental facility construction of Olympics and Shanghai Expo, all
of which provide the wider market room for the development of cement.
In addition, the central government puts forward to build the new
rural areas, which will increase cement demand as well. All of the
above will maintain the continuous prosperity of the cement market in
the following years to come.

Companies Mentioned:

-Anhui Conch Cement Company Limited

-Jidong Cement Company Limited

-Huaxin Cement Co., Ltd

-Tianshan Cement Co., Ltd

-Hebei Taihang Cement Co., Ltd

-Gansu Qilianshan Cement Group Co., Ltd

-6Yatai Cement Group Co., Ltd

-Ningxia Saima Industrial Co., Ltd

-HenanTongli Cement Co., Ltd

For more information, visit
http://www.researchandmarkets.com/reports/c79709.

Research and Markets
Laura Wood
Senior Manager
Fax: +353 1 4100 980
press@researchandmarkets.com

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