The development of China's wire and cable industry seems to be shockingly fast, after only a few decades of development, in recent years

The development of China's wire and cable industry seems to be shockingly fast, after only a few decades of development, in recent years, the development of wire and cable mainly depends on the rapid growth of China's economy and domestic strong domestic demand, but also because the cable industry continues to develop and grow, in recent years, the domestic cable industry also highlights many defects, This kind of defect has seriously hindered the development of China's cable industry.

Due to the various drawbacks of the wire and cable industry, the development of the wire and cable industry is seriously hindered, so it directly causes the situation of 'big but not strong' in China's cable industry.

Wire and cable industry status analysis

Domestic large cable companies, compared with the large cable companies in developed countries in Europe, can be described as small, or even not the same, there is no comparison. If we want to solve this problem, perhaps the 'industry integration' that was hyped ten years ago is the last way out.

Because the domestic wire and cable enterprises are concentrated in the low-end market, and the independent research and development ability is insufficient, resulting in serious homogenization. In addition, from the investigation of some government agencies on domestic cable products, it is also seen that the quality of domestic cable products is hovering at a low level, and even some enterprises lack of integrity, take bad means of competition for profits, but to the cable industry caused great harm.

At present, foreign enterprises occupy a considerable proportion in China's wire and cable industry. Nexans from Europe, Birelli and Guhe from Japan, Sumitomo have a considerable share in China's cable market, and foreign enterprises have more obvious advantages in the high-end product market. From the perspective of future development, the demand for cable products in all walks of life will develop in the direction of high performance and high quality. If domestic enterprises want to gain a foothold in the competition of international enterprises, they must gradually narrow the gap between product performance and the world's advanced enterprises.

According to the prospective industry Research Institute data show that in 2014, East China's wire and cable industry sales scale is the largest, accounting for more than half of the industry's sales revenue, reaching 63.77%, followed by southern China, sales revenue accounted for 11.97% of the industry's sales revenue. In other regions, the sales revenue of the wire and cable industry is below 10%.

The restructuring and integration of China's wire and cable industry is the trend of The Times, and it is the fundamental reason for China's cable industry to become bigger and stronger. But today, due to the intricate interest game of all parties, it has always hindered the pace of reorganization and integration.

In recent years, China's economic development is facing the bottleneck problem of energy and power shortage, and the country continues to increase investment in power, making the wire and cable industry will enter a period of leap development.