Wire and cable industry is China's second largest industry after the automotive industry, product variety satisfaction rate and domestic market share of more than 90%. Worldwide, the total output value of China's wire and cable has surpassed that of the United States, making it the world's largest producer of wire and cable.
Along with the rapid development of China's wire and cable industry, the number of new enterprises continues to rise, the overall technical level of the industry has been greatly improved. China's sustained and rapid economic growth, for cable products to provide a huge market space, the strong allure of the Chinese market, so that the world has focused on the Chinese market, in the reform and opening up in just a few decades, China's cable manufacturing industry has formed a huge production capacity to impress the world. With the expansion of China's power industry, data communication industry, urban rail transit industry, automobile industry and shipbuilding industry scale, the demand for wire and cable will also grow rapidly, the future wire and cable industry has great potential for development.
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