The cement industry has benefited from the recovery of the real estate industry and the rapid growth of the national economy, as well as Beijing 's success in winning the right to stage the 2008 Olympics. Demand for cement is expected to rise steadily as China implements its strategy of developing the western regions, its efforts to reinvigorate the traditional industrial bases in northeastern China, its urbanisation drive, its projects aimed at transferring natural gas from the western regions to the eastern ones and moving water resources from the southern regions to the northern ones, its projects related to the 2008 Beijing Olympics and the 2010 Shanghai World Expo, and other key state projects.
This industry is one of the most steadily growing industries in China . It presents an ever increasing market, a very healthy bottom line, and excellent opportunities for growth. The growing economy of China demands increasing cement production. Cement will always be necessary because of its central importance to architecture and infrastructure.
Demand for cement in China will rise 5.1 percent annually through 2010 to reach 1.3 billion metric tons, driven by moderate but healthy growth in construction expenditures. China will remain the largest national consumer of cement in the world, accounting for close to half of global cement consumption in 2010.