Wire and cable industry has become an important economic supporting industry

The wire and cable industry is an important supporting industry for China's economic construction. It is widely used in various fields of the national economy. Wire and cable are indispensable basic equipment for the transmission of electrical energy, transmission of information and the manufacture of various motors, electrical appliances, meters, automobiles, machine tools and other equipment. Wire and cable provide infrastructure for the electric power industry and the communications industry, occupying a quarter of the output value of the Chinese electric industry. It is the second largest industry in the machinery industry, second only to the automotive industry, and occupies an important position in the national economy. In recent years, China’s sustained and rapid economic development, the advancement of urbanization, and the construction of major power plants, transmission of electricity from the west to the east, and power grid reconstruction have all indicated that the wire and cable industry has a long period of prosperity. Therefore, the wire and cable industry also follows It will maintain a high growth rate.

1. Development status of the global cable industry With the maturing of the global cable market, the growth rate of the world wire and cable manufacturing industry has slowed down. The average annual growth rate of cable production in 2003-2007 was 5.30%. This figure was reduced to 1.20% by 2008. , -7.70% in 2009. (Source: "Report of the China Wire & Cable Industry Conference 2010") In the economic structure of developed countries, as the proportion of manufacturing industry has gradually declined and shifted, infrastructure has improved and economic growth has been relatively slow, resulting in a decline in demand and high competition in the industry. Market structure. However, the demand for cables in emerging economies such as China and India is rapidly increasing with the economic development. From the world cable industry technology development trend, the current development direction is: large capacity, high pressure, no oil, short circuit, high reliability, maintenance-free. At present, cross-linked cables of various voltage grades have gradually replaced traditional oil-filled paper-insulated power cables, and the application of high-voltage and ultra-high-voltage cross-linked cables has become increasingly widespread. In Europe, America, and Japan, the requirements for cables used are increasing. The use or import of non-environmental cables has been strictly prohibited. With the promulgation of the EU RoHS directive, the large-scale adoption of eco-friendly wire and cable has become a global trend. In recent years, due to the rapid economic growth of emerging Asian countries, the world's wire and cable production centers have shifted to Asia, spurring the rapid development of wire and cable industries in China, India, Vietnam, the Philippines, and Egypt in the Middle East, and Central and Eastern Europe. Due to the unification of Europe and relatively low manufacturing costs, the wire and cable industry has also grown rapidly.

2. Development Status of China Wire and Cable The wire and cable manufacturing industry is the industry with the largest output value in more than 20 subdivided industries in the electrical and electronics industry, accounting for a quarter of the output value scale.