my country's wire and cable industry has been positively affected by the construction of large-scale infrastructure projects in China, and its market development prospects have been optimistic. However, due to the influence of technological development, the development of the wire and cable industry has ushered in a technical inflection point.

Although China's cable industry has experienced more than 20 years and has made great progress, it still has not stepped out of the vicious circle of being big but not strong, and there is still a big gap compared with world-class enterprises. There are many problems such as low industrial concentration, large number and small scale of enterprises, far from enough economies of scale, insufficient independent innovation capability and prominent product structural contradictions. Despite these problems, China's cable industry is facing a new take-off opportunity, that is, an opportunity to rapidly improve its core competitiveness in development. With the continuous changes in the world economic structure, China's cable industry is bound to face restructuring and reshuffle.

Especially in recent years, China's economic development has faced the bottleneck problem of energy and electricity shortage. The state has continuously increased investment in electricity, which has made the industry enter a period of rapid development. In order to implement the decision and deployment of the central government to increase infrastructure construction and stimulate domestic demand, State Grid Corporation plans to increase investment and accelerate the pace of power grid construction. 790 billion yuan was invested in grid construction and renovation. The construction scale is 260,000 kilometers of transmission lines of 110 (66) kV and above, and the substation capacity is 1.35 billion kVA.

After entering 2013, my country's wire and cable industry will usher in many opportunities for development. Similarly, the pressure on the shoulders of wire and cable enterprises cannot be dissipated automatically. It can be said that from 2013 to 2016, business opportunities and pressures in China's wire and cable industry will coexist for a long time.

The business opportunities ushered in by China's wire and cable industry are mainly due to the accelerated pace of my country's rail transit construction. According to the "2012-2016 Wire and Cable Industry Macro Investment Environment and Industry Development Trend Analysis Report" The acceleration of my country's railway construction will bring huge demand for locomotive cables, communication and signal cables and other markets. It is expected that the average annual demand will reach 160,000-200,000 kilometers and 7-100,000 kilometers respectively; urban rail transit will generate annual demand for vehicle cables 25,000-30,000 kilometers; annual demand for traffic signal cables is 15,000-20,000 kilometers. It can be seen that the increase in railway operating mileage will drive strong demand for rail transit. At the same time, the demand for wire and cable will rise with the same strong momentum.

This year, the Ministry of Railways plans to invest 800 billion yuan to complete railway infrastructure, and my country's railway mileage will also increase by 10,000 kilometers. According to the standard calculation method, general traction power supply accounts for 7%-10% of the total cost of rail transit projects, and an investment of 800 billion yuan will realize a traction power supply market of 80 billion yuan. It can be seen that China's wire and cable industry will usher in a warm spring in 2013. Market demand exists objectively, but how to get a share of the rail transit construction depends on the strength of wire and cable manufacturers.

Obviously, as the country invests more and more in rail transit construction, it not only brings market to the wire and cable industry, but also puts forward higher requirements for wire and cable enterprises. How to meet the special requirements of rail transit for locomotive cables, communication and signal cables, special cables for tunnels, leakage and radio frequency cables, power cables, and lighting cables is the key for wire and cable manufacturers to obtain orders.