China's cement output ranks first in world
( 2003-10-04 10:24) (Xinhua)
China's annual cement production has exceeded 700
million tons, now ranking as the world's biggest producer.
This year, both output and sales of cement have grown rapidly in China. Many
domestic cement plants have been equipped with larger production facilities,
which helps speed production.
The entire cement industry has also made more profit this year than usual.
However, experts also warn of overheating investment in cement projects,
pointing out that many plants are expanding their production scale blindly,
which will make it more difficult for the entire cement industry to readjust its
overall structure.
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