As an important supporting industry for the national economy, the wire, and cable industries have great market potential in China.
Due to the high requirement for technology and promising profit rate, the high-end market for the special wire and cable industry is dominated by foreign enterprises.
In recent years, due to the increasing number of infrastructure construction, the electricity industry has witnessed rapid development. In addition, given favorable policies carried out by the government.
The demand for wire and cable continues to grow year by year, which provokes the output of the industry.
In the following years, the wire and cable industry will remain constant growth and is expected to reach 110 billion meters in 2020.
The sale of the wire and cable industry is estimated to reach RMB1.6 trillion in 2020.
Copyright ? 2010 - 2025 zmscable.com All Rights Reserved.
