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Development Of Wire And Cable Industry
- Oct 31, 2018 -

The wire and cable industry is the second largest industry after the automobile industry in China, with the product variety satisfaction rate and the domestic market share both exceeding 90%. In the world, the total output value of wire and cable in China has surpassed the United States, becoming the world's largest wire and cable producer. Along with the rapid development of China's wire and cable industry, the number of new enterprises keeps rising, and the overall technical level of the industry has been greatly improved.

China's sustained and rapid economic growth has provided huge market space for cable products. The strong attraction of China's market has made the world focus on China's market. With the expansion of China's power industry, data communications, urban rail transit, automobile and shipbuilding industries, the demand for power cables will also grow rapidly, and there is huge potential for the future cable industry.

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