2007 China Wire and Cable Industry Research Report


During the "Eleventh Five-Year Plan" period, according to the annual growth rate of the national economy by 7-8%, the development speed of the cable industry will be flat at the development speed of the national economy, and is expected to be around 8.5%. From a macro perspective, the entire Chinese wire and cable industry is in a period of rapid growth. Although the price of major raw materials such as copper, aluminum and plastic has soared, many cable companies have struggled, but China’s “Eleventh Five-Year Plan” has been introduced. In the next five years, electricity, railways, rail transit, energy, construction, The communications, shipbuilding, automotive and other industries still maintain a large investment scale, which will certainly provide many rare opportunities for the wire and cable industry.

According to the analysis of China's wire and cable industry research report in 2007, by 2005, the total output value of China's wire and cable industry has exceeded 160 billion yuan. The wire and cable industry product variety satisfaction rate has reached more than 95%, and the domestic market satisfaction rate has reached more than 90%. With the rising raw material prices, China's wire and cable enterprises are facing many difficulties, and the industry reshuffle will intensify in the next few years. Faced with more competition, Chinese enterprises should adjust their competitive strategies, expand their market share, and remain invincible in the increasingly fierce competition.
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