my country is a big country in the production of wire and cable, but not a powerful country in the production of wire and cable. At present, although my country's cable industry has a high production capacity, there is a problem of unreasonable product structure. Enterprises mainly produce medium and low-voltage cables with low added value. However, high-end cable products such as high voltage and ultra-high voltage rely on imports. In 2009, my country imported 281,900 tons of wire and cable products, with an import value of US$3.676 billion. Compared with 2017, the import volume decreased by 72,900 tons, but the import value increased by US$1.301 billion. According to the data of the General Administration of Customs, during the "Twelfth Five-Year Plan" period, the average unit price (unit price ratio) of my country's imported cable products is about twice the unit price of export products. my country's high-voltage and ultra-high-voltage power grid construction investment is increasing day by day, but most of my country's cable companies are unable to produce the products required by the market, which has become a major challenge for the cable industry. the

Prospects for the development of the wire and cable industry

1. Active motivation for career development

At the top of the list is the process of urbanization. Since the reform and opening up, my country's urbanization process has accelerated. In 1978, my country's urbanization rate was only 17.92%. In 2009, the urbanization rate reached 46.59%. By the beginning of 2011, my country's urbanization rate had exceeded 47%. Since the reform and opening up, the urbanization rate has increased by an average of 0.88 percentage points per year. However, my country's urbanization level still lags behind the international average urbanization level of 49%, and there is a huge room for improvement compared with the urbanization level of 78% in high-income countries. According to the "my country Development Report 2010: my country's New Urbanization Strategy to Promote Human Development" issued by the my country Development Research Foundation, assuming that the average annual growth rate of my country's GDP in the next 20 years is 6%, by 2030 my country's per capita GDP will reach 13,000 Dollar. If we can adapt to the development trend of the market economy and gradually eliminate the regulations and other obstacles that hinder the development of urbanization, my country's urbanization rate should reach 65% by 2030. With the rapid improvement of the level of urbanization, the demand of urban construction for transmission and distribution wires and cables and cables for rail transit will continue to increase.

Second, grid construction. During the "Twelfth Five-Year Plan" period, my country will continue to promote the transformation of rural power grids and the construction of UHV power grids. Authoritative experts from the State Grid Energy Research Institute recently stated that during the "12th Five-Year Plan" period, the State Grid will invest 2.55 trillion yuan in power grid construction, of which 500 billion yuan will be used for investment in UHV power grid lines, and 500 billion yuan will be used for distribution. For the investment in power grid lines, about 1.55 trillion yuan is used for investment in power grid lines of other voltage levels. During the "Eleventh Five-Year Plan" period, the State Grid's investment in power grids was 1.5 trillion yuan, and the investment in the "Twelfth Five-Year Plan" power grid increased by 68% year-on-year. The increase in power grid investment has become a direct driving force for the development of the cable industry, especially the construction of UHV power grids has brought huge opportunities and challenges to my country's cable companies. In order to obtain UHV orders, it is necessary for my country's cable companies to intensify scientific research, master the production skills of high-voltage and UHV cables as soon as possible, and improve the production process.

Third, the construction of high-speed railway network. In the "Twelfth Five-Year Plan for Comprehensive Transportation System Development (Draft for Comment)" (hereinafter referred to as the "Plan"), the construction policy of the entire transportation infrastructure was proposed: by the end of 2015, the national high-speed railway network will be basically completed and the national highway network, improve the layout of the Bohai Rim, the Yangtze River Delta, the Southeast Coast, the Pearl River Delta, and the Southwest Coast Port Group, accelerate the construction of inland waterway networks, civil airports, oil and gas pipelines, and urban transportation facilities, and promote the development of comprehensive transportation hubs. The comprehensive transportation network with five vertical and five horizontal” as the main framework, has a total distance of 4.89 million kilometers. For the fast railway network, by 2015 my country's fast railway operation mileage will reach 45,000 kilometers, with a five-year growth rate of 438.4%. Sheng Guangzu, minister of the Ministry of Railways, stated when organizing the construction of the "Twelfth Five-Year Plan" railway that the investment in infrastructure construction will reach 2.8 trillion yuan, and the total scale of new lines put into operation will be controlled within 30,000 kilometers. Reach above 50% and 60%. The increase in railway investment will inevitably increase the demand for locomotive cables, communication and signal cables.

2. Risk factors of career development

First, raw material prices fluctuated sharply. Copper and aluminum are the most important raw materials in the wire and cable industry. The sharp fluctuations in their prices will directly affect the profitability of cable companies, and even lead to survival crises for companies in extreme cases.

Second, the impact of policy adjustments on the balance of supply and demand. my country is a market economy under macro-control, and the introduction and adjustment of national industrial policies will have a serious impact on related industries. At present, the industrial targets related to the cable industry mainly include planning related to power grid construction, planning related to railway network construction, strategic emerging industries such as automobile and advanced equipment manufacturing and new energy, planning for energy conservation and emission reduction, and other plans for real estate. The development of these industries will directly affect the demand for wires and cables. However, since the formulation and implementation of policies are often adjusted according to the actual development of the national economy and industry, this adjustment will change the expected supply and demand of the market, thereby affecting the development of the cable industry.

Third, the continuity of the global economic recovery. The world's major economies are in the recovery process, but the recovery situation is more complicated: the recovery of the United States is weak, the real estate and manufacturing industries are sluggish, and inflation continues to rise. Now the debt and government deficit problems have cast a shadow on the US economy; The European debt crisis broke out frequently, and inflation was high, and the economy showed signs of weakening, which made the monetary policy makers of the European Central Bank in a dilemma; my country's economic growth is relatively stable, but inflation is the main problem at present. Under the continuous tightening policy, the economy It has weakened, domestic cable companies have tight capital turnover, and the living environment continues to deteriorate. The uncertainty of the economic trend makes the survival and development of the small-profit cable industry more vulnerable to economic fluctuations.

3. Prospects for the career development of the wire and cable talent job search network

On the one hand, domestic cable companies face many opportunities for development, and on the other hand, they face a complex economic environment and unreasonable industry structure. This contradiction makes the living environment of cable companies more complicated. Demand is also growing. We believe that in the future, the domestic cable industry will focus on private and foreign capital or joint ventures, and the industrial structure will continue to increase in the fierce competition.

In terms of industry growth, according to the data of the National Bureau of Statistics, the sales output value of the cable industry reached 731 billion yuan in 2009. During 2006-2009, the compound growth rate of industry sales output value was 26.8%, and the compound growth rate of industry total assets was 20.6%. . Because the main driving force supporting the development of the cable industry, such as urbanization, power grid construction, home appliances, transportation and other industries, will continue to grow steadily in the next five years, and at the same time, China's GDP growth rate in the "Twelfth Five-Year Plan" will be regulated by policies such as industrial structure adjustment Under the circumstances, the overall growth rate should be lower than the "Eleventh Five-Year Plan". In addition, considering that the actual production capacity of cable companies is already excess, the main development direction has changed to industry integration and adjustment, and the increase in industrial concentration, so its sales and investment The growth rate will slow down. Therefore, we estimate that the upper limit of the sales output value of the cable industry during the "Twelfth Five-Year Plan" period is 20%, and its lower limit is estimated to be the average growth rate of industrial added value since 2008. 13%.