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03

2020-02

Wire and cable manufacturers should focus on quality to occupy market share to deal with industry competition


Overview:

With the continuous development of society, in China, has been hailed as the national economy "blood vessels" and "nerve" cable has become the second largest industry after the automotive industry, in the international arena, China's total output value of wire and cable has also exceeded the United States, becoming the world's largest producer of wire and cable. However, various drawbacks within the industry are also increasingly exposed. The quality of overcapacity is not enough, and the vicious competition of enterprises has led to a decline in the overall profits of the industry. The current situation is worrying.

With the continuous development of society, in China, has been hailed as the national economy "blood vessels" and "nerve" cable has become the second largest industry after the automotive industry, in the international arena, China's total output value of wire and cable has also exceeded the United States, becoming the world's largest producer of wire and cable. However, various drawbacks within the industry are also increasingly exposed. The quality of overcapacity is not enough, and the vicious competition of enterprises has led to a decline in the overall profits of the industry. The current situation is worrying.

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