At present, China has leapt to the world's largest wire and cable manufacturing country, and is also the country with the fastest growth in wire and cable consumption in the world. However, per capita wire and cable consumption is about one-fifth that of developed countries. The future market demand for wire and cable still has great room for growth. In the coming years, the smart grid, nuclear power, railways, airports, construction, home appliances and other industries will flourish, and the demand for wire and cable products will also grow rapidly.
At present, the status quo of China's wire and cable industry is not optimistic. Problems such as overcapacity in the industry, prominent structural conflicts, insufficient supply of high-end products, uneven quality of products, low input and output, and relatively insufficiency in technological innovation capabilities have become increasingly prominent. The wire and cable industry is healthy. Development has had a great impact. To this end, the industry association suggests that first, industrial planning and policy guidance should be strengthened, and that key government investment should be properly managed and used at all levels to prevent redundant construction. Second, the competent authorities should strengthen supervision, supervision and inspection, standardize market competition, and purify the market environment. The third is to increase research and development of important raw materials for high-end cables. The fourth is to implement preferential incentive policies such as the first set of policies, and gradually improve the corresponding loss compensation and risk sharing mechanisms.
At present, the status quo of China's wire and cable industry is not optimistic. Problems such as overcapacity in the industry, prominent structural conflicts, insufficient supply of high-end products, uneven quality of products, low input and output, and relatively insufficiency in technological innovation capabilities have become increasingly prominent. The wire and cable industry is healthy. Development has had a great impact. To this end, the industry association suggests that first, industrial planning and policy guidance should be strengthened, and that key government investment should be properly managed and used at all levels to prevent redundant construction. Second, the competent authorities should strengthen supervision, supervision and inspection, standardize market competition, and purify the market environment. The third is to increase research and development of important raw materials for high-end cables. The fourth is to implement preferential incentive policies such as the first set of policies, and gradually improve the corresponding loss compensation and risk sharing mechanisms.
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