What factors contribute to the development of the wire and cable industry

1. Belt and Road: Since September 10, 2013, Chinese President Xi President respectively proposed to build the "New Silk Road Economic Belt" and "21st Century Maritime Silk Road" strategic concept to 2015 proposed "One Belt and One Road". Strategically, China's top decision-makers actively responded to the profound changes in the global situation and coordinated the domestic and international overall situation. They undoubtedly drove the entire infrastructure and the interconnection of infrastructures was a priority area of ​​this strategic construction. The wire and cable industry thus became revenue. The largest industry has a "dream building space" for the next 30 years.

2. Internet+: Since the two sessions of the 2015 meeting, the “Internet+” action plan was clearly put forward in the government work report, and “Internet+” has set off an upsurge in all walks of life. In the wire and cable industry, the concept of “Internet+Cable” has been formed. “Internet+Cable” effectively combines engineering projects, cable suppliers, and cable buyers to expand sales channels and help companies transform and upgrade. It has promoted the restructuring of industries, adjustment of production methods, business models, and industrial structure.

3. Industry 4.0: As an important part of the “Internet Plus,” “Industry 4.0” represents the intelligent production of “Internet+Manufacturing”, which has spawned a large number of new business models and will promote the realization of the “C2B2C” business model.

4. Made in China 2025: On May 8, 2015, the State Council announced the national strategic plan for strengthening high-end manufacturing industry, “Made in China 2025”, which is the first of three 10-year strategies to build China into a manufacturing powerhouse. Ten years of action program. China's wire and cable industry's annual output value of trillions of yuan is in line with the image of China's largest manufacturing country, but many wire and cable companies can compete with foreign giants, and they lack brand awareness. China's wire and cable companies must rely on China's manufacturing of 2025, create more in their areas of expertise, reduce imitation, seek quality, stop counterfeiting and inferiority, and regard quality as the foundation for companies to establish their own lives, and strengthen product branding operations.

5. The 13th Five-Year Plan: 016 is the first year of the “Thirteenth Five-Year Plan”. Next, the development challenges and opportunities of the wire and cable industry coexist. There are positive factors such as the implementation of various new policies in the “13th Five-Year Plan” and the continuous expansion of industrial development space, as well as adverse effects such as persistent domestic and international demand slumps and difficulties faced by companies exceeding expectations, but overall, opportunities are greater than challenges. !

To sum up, national strategies such as the “One Belt, One Road, Internet+, Industry 4.0, China Manufacturing 2025, and the 13th Five-Year Plan” have promoted new development patterns and trends in China's wire and cable industry.