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Power cable quality determines the life of the cable business

2 years ago 1400 0 News

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Quality Determines the Life of the Cable Business


China's wire and cable industry, although there is a trillion yuan level of output value, because the entry-level is low, resulting in the industry there is a lot of backward production capacity, the next few years the industry or in the relevant policies and changes in the market environment, into the re-adjustment period.


China's wire and cable market has more than 7,000 production enterprises, mainly concentrated in Guangdong Province, Jiangsu Province, Hebei Province, Anhui Province, Henan, Chongqing, Shandong, and other places. 

With the economic development in the face of energy and power bottlenecks, China's increasing investment in power, making the wire and cable industry has entered a leap in the development period. 

But because of its huge output value and profits, coupled with more than 90% of domestic cable business capacity concentrated in low-end products, so a large number of small businesses entered the industry. 

Many small businesses even take the risk, shoddy, resulting in the industry product pass rate of only about 1/3.

At the same time, China's wire and cable industry concentration are low, low entry threshold. Although many small businesses enter the industry, many of them will be eliminated in the future competition, because the industry is relying on the quality of hard work.

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