The transformation of China's cable industry: From seeking quantitative change to qualitative change
Because of the limitation of the global economy now, wire and cable industry in Europe are in a stagnation or development lagging situation. But wire and cable industry in China is rapid development with a brand-new appearance, industry marketization degree enhances unceasingly. In particular, we see the domestic wire and cable structure is constantly changing, speed up the transformation and upgrading process, frequent mergers and reorganization, which means that China's wire and cable industry is transforming to intensive, also means that with the acceleration of evolution process, wire and cable industry in China will be from quantitative change to qualitative change.
Obviously, the development of China's electric wire and cable industry in recent years has been rapid, mainly reflected in that as early as 2011, the output value of more than one trillion Yuan surpassed that of the United States and became the world leader. But also emerges, the side effects of excessive pursuit of value mainly displays in the concentration is not high and the core competitiveness is not strong, which appeared in China's wire and cable industry "big but not strong", the situation of small and medium-sized enterprises (including company small mill) not competitive producers, such as redundant construction is serious, the low-end market competition, low-end market excess capacity, etc.
Therefore, from the second half of last year to this year, we see China's wire and cable industry is quietly changing, through the transformation and upgrading, a series of measures such as improving the quality of the products, to improve the core competitiveness, to higher profits in the high-end market advance. This is undoubtedly a conversion from quantitative change to qualitative change, and it is also a major improvement of China's wire and cable industry.
Yangzhou FongMing cable factory, the special cable experts around you.
