The judgment was already proved in the sector’s performance in the first quarter of the year. According to NDRC data, the sector realised a profit of CNY6.54bn (US$854m) in Jan.-Feb., a YoY increase of 122 per cent.
The first quarter marks a good beginning for the industry, and related investment will grow by a relatively fast speed in the first half of 2007, also according to NDRC.
In the first quarter, the country produced 241.82Mt of cement, up 14.5 per cent YoY.