Electric wire and cable industry holds a very important status in state economy and is only second to auto industry in Chinese machinery industry. In international market, China is the second electric wire and cable manufacturing country, following the U.S.
The implementation of strategies like Chinese western exploitation and revitalization of northeast old industrial bases drive infrastructure construction, which makes the demand for electric wire and cable increase further. While the rapid development and full expanding of nationwide power grid construction also brings positive influence for the electric wire and cable industry.
Electric wire and cable industry has a bright prospect.