2015年1月28日星期三

Status of wire and cable industry

Wire and cable industry is the second largest industry in China, second only to the automotive industry, product variety to meet the rate and the domestic market share of more than 90%. In the world, China's wire and cable output has surpassed the us to become the world's largest cable producer. With the rapid development of China's wire and cable industry, the growing number of new enterprises, the industry overall technological level has been greatly improved.
China's sustained and rapid economic growth, providing a huge market space for wire and rj45 pcb jack products, the Chinese market strong allure, makes the world all eyes focused on the Chinese market, in the reform and opening to the outside world in short decades, huge production capacity of China's cable industry formed to make the world with admiration. As China's power industry, data communications, urban rail transit industry, automobile industry and shipbuilding industry scale unceasing expansion, the wire and cable demand will grow rapidly, the future electric wire and cable industry has huge development potential. In 2008 November, our country to cope with the world financial crisis, the government decided to invest 4 trillion yuan stimulating domestic demand, which has about 40% for urban and rural power grid construction and transformation. National wire and cable industry has a good market opportunity, around the wire and usb 3.0 connector enterprises to seize the opportunity, meet the new round of urban and rural power grid construction and transformation.

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