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China's cable industry strategic leap forward era is coming


Release time:

2012-02-09

The cable industry is an important supporting industry for China's economic construction, occupying a quarter of the output value of China's electrical industry. Since the 1990 s, China's wire and cable manufacturing industry has developed rapidly, and the current scale has ranked first in the world. By 2005, the total output value of China's wire and cable industry has exceeded 160 billion yuan. The product variety satisfaction rate of the wire and cable industry has reached more than 95%, the domestic market satisfaction rate has reached more than 90%, and the product production capacity has greatly exceeded the market demand.

 

The cable industry is an important supporting industry for China's economic construction, occupying a quarter of the output value of China's electrical industry. Since the 1990 s, China's wire and cable manufacturing industry has developed rapidly, and the current scale has ranked first in the world. By 2005, the total output value of China's wire and cable industry has exceeded 160 billion yuan. The product variety satisfaction rate of the wire and cable industry has reached more than 95%, the domestic market satisfaction rate has reached more than 90%, and the product production capacity has greatly exceeded the market demand. As the country attaches great importance to infrastructure construction, it will continue to put forward new requirements for the variety and level of wire and cable. Only 30% of the cable varieties in China have reached the level acceptable and competitive in the international market, and 70% of the cable varieties urgently need to improve the product level and grade. The demand for varieties and levels in the coming period will be a prosperous period of development.


At present, foreign investment has entered China's cable industry, which has undoubtedly intensified competition in the industry. Foreign and foreign counterparts to a faster speed of capital and technology, management and other factors of production and domestic wire and cable enterprises, China's cable industry has been a single economy to a diversified ownership system, private enterprises have become the most important economic force in the wire and cable industry. The three-funded enterprises have accounted for 1/3 of China's cable enterprises, and this share has continued to expand. In particular, it has a larger share in high-voltage power cables and communication cables and optical cables. More than 7000 domestic local cable companies mainly focus on the low-end market with profits of less than 20%, and the competition is extremely fierce; and about 30 global manufacturers split the high-end market with profits of up to 80%. Even in the low-end market, local brands live uncomfortably. In order to seize market share, some companies compete to reduce production costs, resulting in huge safety hazards for products, which in turn affects the image and development of the entire industry.

Visible, China's wire and cable industry after 20 years of development, although has made considerable progress, but still not out of the big but not strong circle, and the world's first-class enterprises compared to there is still a big gap. There are many problems such as low industrial concentration, large number and small scale of enterprises, far from enough economies of scale, insufficient independent innovation capabilities, and prominent product structural contradictions. Despite these problems, China's wire and cable industry is facing new opportunities to take off and rapidly improve its core competitiveness in the development of opportunities.

The rapid development of China's industry has brought great development opportunities for China's power cables, communication cables and optical cables, as well as building lines. In recent years, China's information industry, power industry, power grid construction, construction, home appliance industry, transportation industry, automobile industry, enameled wire, automobile wire, shipbuilding, coal mine and other fields have developed rapidly. The demand for wire and cable industry has increased year by year, driving the development of wire and cable industry. For example, the average annual growth rate of construction wiring is 15%, so under this trend, The development potential of wire and cable market is huge. The implementation of development strategies such as the development of China's great western region and the revitalization of the northeast old industrial zone has led to the construction of infrastructure and has also brought a positive impact on the wire and cable industry.