Sunday, November 4, 2012

Development Trend of China's Wire and Cable Industry

China's Wire and Cable Industry Maintain Rapid Development

To improve the situation that power grid construction in China has long lagged behind the development of the power construction in recent years, China has gradually increased investment on the grid as soon as possible to improve the power grid construction. Grid investment in China in 2008 reached 2,884.56 billion yuan, with a year-on-year growth of 17.69%, grid infrastructure investment in electricity investment proportion exceeded 50% for the first time, and the proportion of grid power investment reversed; in 2009, the online funds that electrical cable manufacturers in China invested in electric has reached 3,847 billion yuan, an increase of 33.39% over the previous year, the scale of investment continues to maintain a substantial growth. The next 10 years, China's power grid construction will enter the west to east, north and south, and the mutual supply and national network comprehensively promote the new stage of the greater range of optimal allocation of resources.

TV cable
Smart Grid Construction will be the Direction of Future Investment

Premier Wen Jiabao in the March 5, 2010 put up clearly in the Government Work Report that to positively develop new energy and renewable energy and to strengthen the construction of smart grid. State Grid Corporation pointed out that the overall objective of building a smart grid: the construction of UHV power grid as the backbone and coordinated development of power at all levels to the 2010 No. 1 "to accelerate the building of strong and smart grid" information technology, automation, interactive features into a strong national grid, all improve the grid's security, economy, adaptability and interactivity. All usb cable manufacturer should work for the target as the development aim of enterprises. By 2020, China basically will built a strong and smart grid, and UHV and trans-regional transmission capacity of more than 400 million kilowatts, to meet the large-scale coal bases, large hydropower bases, large-scale nuclear power base, the 10 million-kilowatt wind power base access and load center electricity demand. Grid resource allocation capability, safety, operational efficiency, and grid power supply and user interaction are significantly improved.

Wire and Cable Industry Development Gist

At present, the development of the industry situation is grim, product homogeneity is serious, vicious competition in the industry is extremely bad. The year 2012 is an extraordinary unusual year, and enterprise development is not only the "quantity" enhancement, but also the "stable" breakthrough. Entrepreneurs should keep a clear head, not to pursue the accumulation of "quantity", "to do less is not matter, and the collection of accounts receivable in a timely manner to ensure that the enterprise funds to the normal flow of operation is the first thrust of the enterprise development this year.
This article is come from: http://cell.battery-products.com/electronic-products/development-trend- of-chinas-wire-and-cable-industry.htm

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