Jiang Zeyuan: wire and cable industry will appear obvious polarization

Release time:

2018-11-13 10:49

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With the development of science and technology and the rapid development of economy, the cable industry is facing great challenges and opportunities in the traditional industry. Recently, Jiang Zeyuan, as an investor of Far East Group, said in an interview that there will be obvious polarization in the wire and cable industry, and the profits of the cable industry will decline sharply, resulting in a sense of survival crisis. Entrepreneurs like Jiang Zeyuan are paying attention. At the same time of the crisis, how to seek effective opportunities for sustainable development in the process of enterprise management, product marketing and product manufacturing has become worthy of the whole industry.The question of thinking.

Jiang Zeyuan said that as the "nerve" and "blood vessel" of the national economy, China's wire and cable manufacturing industry has occupied the world's peak in less than 20 years, reaching an annual output value of trillions by 2011. China has become the world's largest wire and cable producer, the size of China's wire and cable industry and the amount of copper has been listed in the world.

China has entered the middle and late stage of industrialization. With the improvement of its industrialization, the improvement of infrastructure and the improvement of urbanization, the cable industry will surely mature. Under the premise of such high-speed development, the wire and cable industry will face major adjustments. First of all, the wire and cable industry will be significantly polarized and the industry concentration will increase.

Under the new situation and new trends such as the acceleration of the integration of informatization and industrialization, industrial 4.0, and the "Internet", the Internet is penetrating from the consumer goods industry to equipment manufacturing, energy, new materials and other industrial fields, promoting the transformation of traditional industrial production methods.

Specifically, we should start from several aspects: first, cable manufacturing, focusing on high-value links such as R & D, design, standards, marketing network, supply chain management and brand; secondly, cable enterprises are going international. Tap the markets of developing countries such as the Middle East, Africa, and Southeast Asia; tap the existing and potential markets for electrical equipment, intelligent control and digital informatization, marine engineering and resource mining, offshore wind power, photovoltaics, nuclear energy, and energy storage. There is also the establishment of an industrial e-commerce platform. E-commerce has become the overall trend of all walks of life. The wire and cable industry is no exception. Far East Cable Maibao-Global Cable E-commerce Trading Platform and China Wire and Cable Material Exchange have achieved good results so far.

Jiang Zeyuan believes that with the rapid development of new energy in China, a large number of supporting new energy cables are needed; for a long time in the future, the market will be guided by special cables such as wind power generation cables, nuclear power plants cables, solar power generation cables and so on. Jiang Zeyuan believes that the wire and cable industry as a power supporting industry has also ushered in the trend of product structure upgrading. Under the new situation and new trends such as the acceleration of the integration of informatization and industrialization, industrial 4.0, and the "Internet", the Internet is penetrating from the consumer goods industry to equipment manufacturing, energy, new materials and other industrial fields, promoting the transformation of traditional industrial production methods. Jiang Zeyuan, investor of Far East Group and deputy director of procurement and supply, said that cable enterprises should seize this opportunity, speed up the transformation and upgrading of enterprises, and improve the world level of China's cable manufacturing.

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