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Situation Analysis of wire and cable industry development of China's market is booming malpractice wire and cable industry seems

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Development of China's wire and cable industry seems alarmingly fast, just after a few decades of development, the development of wire and cable in recent years, mainly depends on the rapid growth of Chinese economy and domestic strong domestic demand, but also because the cable industry continue to grow and develop in recent years, the domestic cable industry also highlights a number of shortcomings, these various shortcomings has seriously hindered the development of China's cable industry.
 
Since the wire and cable industry drawbacks, a serious impediment to the development of wire and cable industry, and therefore a direct result of China's cable industry "big but not strong" situation.
Situation Analysis of wire and cable industry
 
Large domestic cable companies, with respect to large cable companies developed European countries, it can be described as trivial, even quite different, there is no comparison. To resolve this problem, perhaps a decade ago the hubbub of "industry consolidation" is the last way out.
 
As the domestic wire and cable companies are concentrated in the low-end market, and the lack of independent research and development capacity, thus causing serious homogenization. In addition, some government agencies from the investigation on the domestic cable products have also seen, the domestic cable products quality hovering at a low level, and even some companies lack of good faith, to take harsh competition means reap benefits, gave cause great harm to the cable industry .
 
At present China's wire and cable industry, foreign-funded enterprises accounts for a considerable proportion. From Europe Nexans, Pirelli and Furukawa from Japan, Sumitomo occupies a considerable share in China's cable market, foreign advantage in the high-end market is more obvious. From future development, the demand for cable products industries will be toward the high-performance, high-quality direction, domestic enterprises If you want to get a foothold in the competitive international companies must gradually narrow the world on product performance the gap between the advanced enterprises.
 
According to Prospect Industrial Research Institute data show that in 2014, sales in east China's largest wire and cable industry, more than half of total industry sales revenue reached 63.77 percent, followed by 11.97% in southern China, sales of total industry revenue. Other regional wire and cable industry sales were below 10%.
 
Chinese wire and cable industry restructuring, integration is the trend, China's cable industry bigger and stronger fundamental. But today, due to the parties to the complex interests of the game, always hinder restructuring, integration footsteps.
 
In recent years, China's economic development faces energy, power shortage problem of the bottleneck, the state has increased investment in terms of power, making the wire and cable industry will enter a rapid development period.