From a macro point of view, the entire Chinese wire and cable industry, is in the rapid growth period of development. Although the price of major raw materials such as copper, aluminum, plastic and so on has soared, many cable companies are struggling to survive. However, China's "Eleventh Five-Year Plan" has been introduced. In the next five years, power, rail, rail transportation, energy, Communications, ships, automobiles and other industries still maintain a large scale of investment, will give the wire and cable industry to provide many rare opportunities, it will still be China's promising sunrise industry.
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In the past "fifteen" period, the total industrial output value, the wire and cable industry is China's second largest after the automotive industry. In the world, the total output value of China's wire and cable has surpassed Japan after the United States, is the world's second largest wire and cable producer. According to the analysis of China's wire and cable development statistics from 2001 to 2004, the overall development of China's wire and cable industry is very fast. The number of new enterprises has been increasing, and the number of enterprises that have become large-scale production has increased from 1709 in 2000 to 2219 in 2004 , The average annual growth rate of 7.46%.