Executive Summary
China shipping industry is expected to have a racketing increase in the flowing 5-15 years. Marine cable, the upstream product in the industry chain, will be in great demand. Marine cable manufacturers producing relatively high added-value cable will enjoy a prosperous future.
China, the world third largest cable manufacturing country, exports cable world-wide. Based on the experts’ forecast, due to the growth of global shipbuilding manufacturing demand, the export of China’s marine cable will increase with the annual growth rate of 5%. The blooming development of marine cable industry enables cable manufacturers to experience speedy growth.
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