The wire and cable industry is the second largest industry in China after the automobile industry, product variety satisfaction rate and domestic market share of more than 90%, in the world, China's wire and cable output value has surpassed the United States, become the world's largest wire and cable producer, along with the rapid development of China's wire and cable industry, the number of new enterprises continue to rise, The overall technical level of the industry has been greatly improved.
China's sustained and rapid economic growth, providing a huge market space for cable products, the strong allure of the Chinese market, so that the world's eyes focused on the Chinese market, in the reform and opening up a short span of decades, China's cable manufacturing industry to create a huge production capacity to impress the world.
With the expansion of the power industry, data communication industry, urban rail transit, automobile industry and shipbuilding industry, the demand for wire and cable will grow rapidly, and the future of wire and cable industry has great potential for development.
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