The gap between China's cable and world famous brands

With the rapid growth and development of China's economy, China's wire and cable industry has also experienced rapid development, and the industry’s overall technological level has been greatly improved. It is reported that at present, there are nearly 5,000 state-owned and large-scale manufacturing enterprises in China's wire and cable industry, of which 19 are large enterprises, and the total output value accounts for 11% of the total market share.

It is reported that as of the end of 2015, China plans to complete the construction of the national rapid rail network and highway network. At present, the double-track rate and the electrification rate of China's railways are 50% and 60%, respectively. It also provides a larger market for wire and cable and communication and signal cables. In addition, Chinese wire and cable companies have absorbed and absorbed foreign advanced technologies through the introduction of talents and technology introduction, which has greatly improved the independent research and development capabilities and core competitiveness of the Chinese wire and cable industry, and has brought China's wire and cable companies closer to the world. The distance of international famous brands.

With the sustained and rapid growth of China's economy, it also provides a huge market space for cable products. According to the “12th Five-Year Plan for Development of Wire and Cable Industry” (Draft for Soliciting Opinions), it is believed that during the “Twelfth Five-Year Plan” period, the average annual increase in the sales scale of the wire and cable industry in China will reach 4%-8%. It can be seen that China's wire and cable manufacturers will continue to grow with more rapid growth.

Some experts believe that China's wire and cable manufacturers are gradually moving toward a larger wire and cable market through independent innovation, increased technology and management, and are even approaching the cutting-edge industrial sector in Korea with a rapid trend. Of course, almost all wire and cable markets in the world are monopolized by large wire and cable manufacturers such as Italy's Priusman, France's Nexans, South Korea's LS cable, Japan's Sumitomo Electric, and so on, so China's wire and cable manufacturers want to It is not easy to be among the short time.

The most fundamental reason is that from the design to construction of the contractor in the field of wire and cable, other subsidiary materials connected to the wire also need to have high technical quality and reasonable price level, but China's wire and cable manufacturers are still in the market. There is a gap in requirements and this level of technology cannot be achieved. However, China's wire and cable manufacturers are moving toward high-end technologies. For example, a few years ago, China's wire and cable manufacturers did not have the capability to produce EHV wires and submarine cables, but today, from a technical point of view, China’s wires Cable companies have fully equipped their production capabilities.

The wire and cable industry is the basic supporting industry in China. It has a wide range of products and a wide range of applications. It can even be said that all social links and related departments of the national economy are inseparable from the use of wire and cable. Including electricity, construction, communications, manufacturing industries. In addition, wire and cable are basic equipment that can transmit electric energy, transmit information, and manufacture various motors, instruments, and meters to achieve electromagnetic energy conversion. It is a necessary basic product in the future electrification and information society.

During the “11th Five-Year Plan” period, the average annual sales value of China's wire and cable industry has grown significantly. In 2010, the total output value of China's wire and cable industry exceeded 900 billion yuan, an increase of more than 30% year-on-year. By 2011, China's annual output of wire and cable was more than 1 trillion yuan, becoming the largest wire and cable producer in the United States. In the first half of 2012, the total output value of wire and cable manufacturing in China exceeded 530 billion yuan, and the cumulative growth rate was 7.59%. The export delivery value was nearly 40 billion yuan, and the cumulative growth rate was 5.18%.

It can be seen that in recent years, China's wire and cable industry has developed rapidly, ranking first in the world in terms of total industrial scale, output, and growth rate for many years. It is also the second largest industry in the electrical and electronics industry, second only to the automotive industry. . According to statistics, at present, China's wire and cable manufacturers are close to 10,000, but the proportion of SMEs is as high as 90%. However, it can be seen that China's wire and cable manufacturers are advancing toward the strategic goals of "famous brands" through mergers and acquisitions through the company's own efforts and government-related policies, and the brand value of Chinese wire and cable companies. It is also constantly improving.