The rapid development of China's wire and cable industry reached a market size of 1.2 trillion yuan in 2017
The wire and cable industry is a fundamental industrial industry, and its products are widely used in fields such as energy, transportation, communication, automobiles, and petrochemicals, occupying an extremely important position in China's national economy. In recent years, with the rapid development of China's economy, the wire and cable industry has also grown and strengthened. From 2006 to 2015, the comprehensive income of the wire and cable industry continued to grow, and the application fields of products continued to expand. China's economy continues to grow at a high speed, especially with large-scale projects such as power grid renovation and ultra-high voltage being upgraded and constructed, providing huge market space for the development of the wire and cable industry.
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