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General Situation Analysis Of Wire And Cable Industry
Jan 11, 2019

Wire and cable are defined by international terminology as "wire products for transmitting electrical (magnetic) energy, information and electromagnetic energy conversion". It is indispensable for conveying electrical energy, transmitting information and manufacturing various motors, electrical appliances and meters. Equipment, known as the "blood vessels" and "nerves" of the national economy. Wire and cable manufacturing is one of the largest supporting industries in the national economy. It is the second largest industry in the machinery industry after the automotive industry. Wire and cable products are widely used in energy, transportation, communications, automotive and petrochemical industries. Development is closely related to the development of the national economy due to the impact of international and domestic macroeconomic conditions, national economic policies, industrial policy trends, and the development of various related industries. After the development of the "Tenth Five-Year Plan" period, China's wire and cable manufacturing industry surpassed Japan and the United States in terms of output scale, becoming the world's largest wire and cable manufacturing country. With the sustained and steady growth of China's national economy, China will still be one of the fastest growing countries in the wire and cable market in the world. The future development of China's wire and cable industry is facing good development prospects and opportunities.

From the current structure of China's copper demand, the power industry has the largest share, more than 50%, mainly used for wire and cable, transformers, switches, connectors and so on. Among them, wire and cable demand for copper accounts for more than 90% of the power industry. Therefore, fluctuations in copper prices will have a huge impact on the wire and cable industry.

There are no strict limits on "wires" and "cables". Generally, products with a small number of cores, small product diameters, and simple structures are called wires. Uninsulated wires are called bare wires, and insulated wires are called cloth wires. Others are called cable.

The wire and cable industry implements a market regulation management system that follows the market-oriented development model under the control of national macroeconomic policies. At present, the management organization of the wire and cable industry includes: China Electrical Equipment Industry Association Wire and Cable Branch and China Electronic Components Association Optical Cable Branch. Its main function is to assist the government in self-discipline industry management, represent and maintain the interests of the wire and cable industry and member companies. The legitimate rights and interests of the organization, the organization of the wire and cable industry to abide by the rules and regulations.

According to the "Product Catalogue for the Issuance of Industrial Products" issued by the General Administration of Quality Supervision, Inspection and Quarantine of the People's Republic of China, the production and licensing system is implemented for wire and cable products such as power cables, steel-cored aluminum stranded wires and control cables. PVC insulated non-sheathed cable and wire, general rubber sheathed flexible cable and other products, and implemented CCC certification.

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