Market declines severely The seven measures of the Ministry of Industry and Information Technology stimulate the positive energy
Faced with the severe economic development of the cement industry, in order to resolve the serious overcapacity in the cement industry and promote the stable operation and transformation of the industry economy, the Ministry of Industry and Information Technology, the Ministry of Industry and Materials, held a seminar in Beijing on behalf of the leaders of key enterprises in the cement industry.
Mao Weiming, a member of the Ministry of Industry and Information Technology and a deputy minister, pointed out that China’s economy has entered a “new normal” and the industrial economy has seen a new trend. Overall, there are three characteristics of the current industrial economic operation. Differentiation and downside pressure are still very strong. Firm confidence in development, adoption of effective measures, and stimulating endogenous incentives must not only stabilize the current but also benefit the long-term and enhance the "positive energy" of the industry.