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The cable industry should adjust the structure to be competitive

Tuesday, Aug 06, 2013

Although the China's cable industry will develop rapidly, it needs to constantly make progress in some detailed aspects. For example, the aluminum cable is intensively used in the construction of power grid. Now, many power enterprises are involved in the market, so the competition is quite fierce. However, the high-tech aluminum cable is still not popularized, because many enterprises do not have enough research and development capability. So the enterprises need to go towards international market to adjust the industry structure.

 But it is not easy to go to the international market, for the international market has strict requirement about the quality. In China, the aluminum price is very high, and the enterprises have little profit. But from the whole, if the enterprises increase investment to conduct research and development and enhance the standard of the quality, then the products will become competitive in the export. There are many aluminum cable enterprises in the domestic market, so to keep long-term survival and development, the enterprises should aim to the overseas market.

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