Electric wire and cable are materials used in electric power, electrical, and related transmission purposes. As China's new energy industry, shipbuilding industry, rail transportation, and unique high pressure and other industries are in the fierce development period, the demand for special cables is growing.
According to relevant data shows, in 2014 China's imports of wire and cable were about 11.7 million tons, with a total value of up $2.325 billion, about 138.37_yi billion yuan of RMB, compared to the year of 2013 reduction of 11.7%, wire and cable imports about 11.54 million tons, 2.7% less than in the 2013 year.
One, from the United States, the European Union, and other countries of anti-dumping, technical barriers, intellectual property friction more and more.
Two, China's export tax rebate rate will affect corporate profits and production costs.
Three, the domestic labor costs, will also affect the export this year.
Four, is the recent weakness in the overall performance of foreign trade.
Five, export products have quality problems.
With China's new energy industry development, such as cable products, especially the demand for special cable products. Expected in the next five years, China's special cable market will reach 40000000000 yuan/year -500 billion / year, and market sales will account for 40% of the total domestic cable market sales.
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