Traditional cables are gradually losing momentum

"To develop a more advanced manufacturing industry, we must not only compete at home. The old way of 'big in and big out' is unsustainable in the past. We must increase support for Chinese equipment to "go global", promote international production capacity cooperation, and make our country Foreign trade has shifted from "big in and big out" to "excellent in and out.

      As far as the current development of my country's wire and cable industry is concerned, the limited traditional cable market has been divided up by more and more latecomers, and the profit margins of traditional cable products are getting thinner and thinner. However, the innovative power only in the hands of a few enterprises is difficult to reverse the development direction of the huge industry. In the face of the gradual loss of traditional cables, the high value-added cables are long in coming, and they are always out of breath. China's cable manufacturing industry needs to comply with the general trend of "going out" of Chinese equipment, strengthen international competition, and promote the "full industry chain export" of products, technologies and services.

      Li Keqiang said that the rapid development of China's economy for more than 30 years has created China's status as the "world's factory" today. However, we must see that profound changes are taking place in the international market, and China also needs to adapt to this change and change its development mode. "The old road of 'big in and big out' in the past is unsustainable." "We must increase support for Chinese equipment to 'go out', promote international production capacity cooperation, and turn my country's foreign trade from 'big in and big out' to 'excellent progress'. Excellent'."

     The so-called "superior progress" is to proceed from China's long-term and fundamental interests and to selectively import advanced technologies, key equipment and important parts and components that are in short supply according to national conditions. The so-called "excellent export" means not only exporting high-end, high value-added products, but also promoting the "full industry chain export" of products, technologies and services.

     Exports are an important force supporting the sustained growth of the domestic economy, and economists have listed them as the top of the "troika". In 2014, the total import and export volume was 4.3 trillion US dollars, an increase of 3.4%, of which exports were 2.34 trillion US dollars, an increase of 6.1%; imports were 1.96 trillion US dollars, an increase of 0.4%.

     In recent years, the growth rate of China's equipment manufacturing exports is gradually accelerating. Taking 2014 as an example, the growth rate of railway exports was faster, exceeding 20%. But in the long run, China's equipment exports and international production capacity cooperation still have broader development space.

     There is no shortcut to the upgrading and transformation of the cable industry. The transformation from "big input and big output" to "excellent input and excellent output" is an inevitable choice and development trend for Chinese cable manufacturing enterprises to survive for a long time. The "One Road One Belt", "Silk Road Economic Belt", building the "China High-speed Railway" global brand and other countries' series of measures to support the "going out" of Chinese equipment are major opportunities that cable companies must seize.