the trend of electric wire market in China

China's wire and cable enterprises amounted to nearly ten thousand, of which 97% are small and medium-sized enterprises, the average utilization rate in 30%-40%, far below the international level of equipment utilization rate of more than 70%; more than 90% of the production concentrated in low-end products, the industry average investment in R & D funding 1% of sales; nuclear power, aerospace, electronics, automobile wiring harness high voltage cable, super clean cable and other high-end products mainly rely on imports.
It is not difficult to see that the above data clearly reflect the current situation of the development of wire and cable industry: although it has been recognized as China's second major industries, but overcapacity, many small and medium enterprises, industry concentration is very low, the low-end products in the fierce competition, science and technology R & D investment and less defects, hindering the healthy development of the industry. In particular, the quality factor is directly related to the survival of the enterprise lifeline".
In this regard, people outside the industry consensus is: to accelerate the transformation and upgrading, accelerate mergers and acquisitions, to prevent overcapacity, always insist on quality first, the only way to ensure the healthy and orderly development of the industry, the country.
Transformation and upgrading of quality to become the protagonist of competition
Transformation and upgrading are key measures to improve quality competitiveness. The process of development from all over the world, the economic slowdown or even recession, the industry development must be through mergers, acquisitions, restructuring and upgrading, to constantly improve the industry concentration, the cable industry in China is no exception. In recent years, experts have also stressed the transformation and upgrading of wire and cable industry. Their emphasis on the transformation and upgrading of the market demand under the guidance of integration and upgrading.
To solve this problem, the national quality supervision and test center of wire and cable (Jiangsu) full-time deputy director Dai Jingsheng said, China's wire and cable industry must accelerate the transformation and upgrading, so as to enhance the quality competitiveness, achieve more high-end products manufacturing. In the current and near future, quality upgrading, transformation and upgrading will be the main theme of the development of wire and cable industry, and also the only way for cable manufacturers.
On the other hand, we should set up brands and go out of the country. Cable manufacturers should speed up the development of alternative import products, occupy the high-end market at home, and also speed up the export of high-end products and gain a foothold in the international market."
In addition to the transformation and upgrading of enterprises, and improve their quality of product competitiveness, the government departments have also done something. For example, as one of the domestic wire and cable production base in Anhui Province, Wuwei County, is the only special cable products for the leading industry base, always work on the "special" word, continue to broaden the emerging industries need special products, take the road of development of differentiated products, make industrial structure to do fine do deep high transformation.
Merger and reorganization is the fundamental way to integrate quality driving force. The concentration degree of wire and cable industry in our country is on the low side, and there are only 19 large enterprises in the whole country. And their products only account for 11.7% of the country's market share. But at present, the entire industry overcapacity, mergers and acquisitions imperative. This means: wire and cable enterprises urgently need the value chain from low-end to high-end value chain; from resource inputs to innovation driven; from cost competition to quality technology service brand competition; industry strategic acquisition of complementary advantages.
So, how to develop China's cable industry's future trend? The director of the national quality supervision and inspection center Wu Changshun wire and cable, cable to listed companies, large group as the leading manufacturing enterprises mergers and integration of wire and cable enterprises, improve the scale concentration, phasing out the lack of funds, lack of talent and lack of market enterprises.