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The Development Of Power Cable Industry(part 1)

Apr 20, 2019

Digital Projector Manufacturer shares that wire and cable plays a very important role in the infrastructure construction of our country. With the continuous development of our country, for the power cable industry, the traditional industry model cannot adapt to the development of the currency field in view of the changing currency field and demand, so for many enterprises, the transformation of the industry is urgent.

China's wire and cable industry is still the trend of continued development, but there are seven problems, which seriously restrict the healthy and sustainable development of the industry. Take the Beijing wire and cable industry as an example.

First, the surplus of low-end products, high-end products. There are about ten thousand enterprises in China's power cable industry, but most of them are small in scale and low in product level, so there are not many enterprises that can truly win the bid on national key projects. Some special, important areas of the wire and cable many gaps, need to rely on imports.

Second, repeated production, repeated construction, excess production capacity. It should be said that wire and cable is relatively easy to produce products, currency market access threshold is low. In the past few years, some enterprises "seize the opportunity" to upgrade urban and rural power grids. Even the power sector is scrambling to build plants. In recent years, China's capital construction has picked up speed, and the real estate industry has kept heating up.

                                       Digital Projector

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