Wire and cable industry faces unprecedented opportunities for development


Wire and cable, the "neural" and "vascular" of the national economy, the indispensable supporting products for national infrastructure construction and key project construction, have always played an important role in the national economic construction, shouldering the supporting services for all walks of life in the national economy. The function plays an invaluable role. In the first half of 2007, the output value of the Shanghai wire and cable industry increased by more than 20% year-on-year. This is consistent with the overall development of the industry? ? The output value of the entire wire and cable industry in the first half of the year also increased by 8 to 10 compared with the same period of last year.

In the international market, China's wire and cable industry has also achieved amazing results. According to the statistics of China Electrical Equipment Industry Association, from January to May this year, among the exported electrical products, the export value of wire and cable ranked first.

The development of the wire and cable industry will be very fast this year. It is expected that the total output value of the wire and cable industry will exceed 300 billion yuan this year. Last year, the figure was about 240 billion yuan. In the next 3 to 5 years, the wire and cable industry will have a big development, and even exceed the automotive industry, becoming the largest industry in China.

China's "Eleventh Five-Year Plan" is promulgated. In the next five years, the power, railway, rail transit, energy, construction, communications, shipbuilding, automobile and other industries will still maintain a large investment scale, which will certainly provide many rare opportunities for the wire and cable industry. It will still be China’s basic industry full of hope. Recently, the value of metals such as copper and aluminum, the main material of wire and cable, has returned to the wire and cable industry.

In addition, from a macro perspective, the cable market has a promising future, and the immediate difficulties are only temporary. As long as we work together and work hard, we will surely usher in a radiant cable sky!

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