According to China Machinery Industry Union : in a few years ,It is estimated that the growth rate in wires and cable will be higher than the development of national economy, more than 10%. There will be 15% annual growth especially in the electrical wire and cable .
In recent years , the rapid construction in power grid and the high voltage project makes a huge market in wires and cable .In the past 15 years, the annual growth is up to 15%. A t present , the total output value is more than 4000 million , preponderate over America ,as the world’s largest wire and cable producer.
Now , in a large number of technology introduction, digestion as well as on the basis of independent research and development , China’s wire and cable industry has owned the tremendous producing capacity, with the supporting materials ,the equipment industry has initially formed a more complete supporting system .It’s mainly showed in :The large-scale enterprise’s competition in the market has the obvious advantages ,more profitable; The medium-sized enterprise has a better capacity in assets ; The private enterprise’s operating mechanism is flexible, and has a rapid development, especially in developed coastal area .To assets, at present ,the state-owned economic sectors accounted for only 15%, Third-funded enterprises accounted for only 25%, the private economic sector amounted to more than 60%. In the top ten enterprises of the sales revenue in wire and cable industry, for the vast majority are private enterprises, East China is the most important manufacturing region , account for 50% of the assets and outputs, has 60% sales and 70% profits .
Source: China Cable Network |
