The 2024 Annual Meeting of the Artificial Stone Committee of the China Stone Industry Association and the Service Quality Life – Industry Innovation Development Forum were successfully held in Guangzhou on November 28, 2024. Leaders from the Chinese Stone Industry Association and major provincial and municipal associations, representatives from the real estate and home furnishing industries, architects, industry experts, as well as leaders and guests from artificial stone enterprises and related industry associations attended the meeting. Christina Deng, General Manager of Veegoo Technology, was invited to attend the conference and delivered a keynote report titled “The Path of New Quality Productivity in the Artificial Stone Industry.”
Firstly, General Deng shared the latest development process of Veegoo with the attending leaders. In just over a decade, the intelligent artificial stone production line has broken through 100 lines, reaching a leading level in global market share.
Next, General Deng shared how to practice new quality productivity through intelligent manufacturing and promote the development of the man-made stone industry. General Deng introduced what new quality productivity is from three aspects: new manufacturing, new services, and new formats. She stated that today’s man-made stone industry needs to aim for automation, intelligence, digitalization, innovation, and globalization to drive high-quality development in the industry.
Finally, based on the current global economic and trade situation, especially the impact of the Sino-US trade war, Mr. Deng shared with you the concept of going to sea as a group. Despite the impact of the epidemic, trade war and other factors, the trend of globalization is still stable at the total level. From 2021 to 2023, the proportion of global imports and exports to GDP is stable at a high range of 55% -60%. In addition, the US imported quartz stone market has gradually recovered and is close to the highest level in history. At the same time, South East Asia has surpassed India to become the largest export region. However, Chinese artificial stone enterprises are still in the stage of simple production capacity going overseas, and they should develop into a group in the future. The entire industry chain of service enterprises (raw materials, consumables, etc.) should also accelerate the pace of going overseas and join the overseas ecosystem of Chinese enterprises.