Zhujiang Cable is rewriting the development direction of my country's Guangzhou cable industry

In recent years, my country's wire and cable industry has achieved considerable development. Among them, control cables have played an indispensable role. Control cables are rewriting the development direction of my country's wire and cable industry.

The development trend of wire and cable industry

Emerging companies dominate, foreign and private companies occupy a high share

In the wire and cable industry, state-owned enterprises no longer dominate the industry. According to the statistical results from January to November 2005, the share of output value of private and foreign-funded enterprises in the wire and cable industry is divided into 28% and 26%. It can be seen from this that foreign-funded enterprises and private enterprises have occupied a dominant position in the industry.

Market competition is fierce, and price wars are the main competitive tactics that affect product quality

Because the overall concentration of the industry is not high, and the product skill content is low, price competition has become the main strategy of competition. Because many users are thinking of fair and low-priced products, small businesses have opportunities to take advantage of. A direct consequence of vicious price competition is the emergence of a large number of fake and shoddy goods. In order to reduce costs, some small businesses faked at the end, and the wire and cable market pretended to be fake and shoddy. The severity of the phenomenon is undoubtedly the result of low-price competition.

The regional distribution of wire and cable companies needs to be improved

Guangdong, Zhejiang, and Jiangsu are the three provinces with the highest concentration of wire and cable consumer enterprises in my country. The total number of these three provinces exceeds 50% of the total number of the country. In addition to these three provinces, there are also more wire and cable companies in Shanghai, Hebei, Shandong, and Liaoning.

The structure of the product is undergoing tremendous changes

The product structure of the industry has changed. The proportion of enameled wires and wires and cables for electrical equipment has declined. The proportion of power cables and communication cables has increased. This change is related to the rapid development of my country's power and communication industry in the 1990s, which prompted a large demand for power cables, overhead lines and communication cables. It is estimated that this trend will continue in the future.

my country's wire and cable industry still has a long way to go. I believe that with the strong support of government policies, the wire and cable industry led by control cables will surely usher in a new spring.