In the hot summer, one of the most impressive problems is the urgent need for domestic and foreign power resources. This problem was also raised at the 10th International Power and Technology Exhibition held at the same time as the 3rd Beijing International Electronics Industry Technology and Equipment Exhibition. Therefore, it was also proposed at the meeting that a large number of power facilities will gradually rise in China in recent years, which is inevitable to drive the leap of the domestic wire and cable market. Of course, the application of power facilities is only one aspect of the application of wires and cables. With the national emphasis on infrastructure construction, such as the transformation, expansion and interconnection of urban power grids, the development of information superhighways, the take-off of communications, the requirements for upgrading and energy saving of electrical equipment, and even the development of the central and western regions and the development of small and medium-sized cities, the use of power lines and cables will be driven.

According to statistics, the gross output value of China's marine cables reached 30 million US dollars in 2003, of which 20 million US dollars were used for export and the rest were sold in the domestic market. The research shows that China's marine cable export market will increase at an annual growth rate of 5% in the next decade. It is predicted that the wire and cable industry in China will grow at a rate of 10-15% in the first 10 years of the 21st century. Therefore, the wire and cable industry will usher in a prosperous period of demand in the future. There is no doubt that in the wire and cable market, the increasingly fierce competition will not be surprising, but it is limited to the traditional wire and cable market. After several years of rapid development, the wire and cable industry in China has formed a considerable scale, but because the production capacity is greater than the demand, there is a situation of oversupply. Moreover, the technical content is not very high, and it is still difficult to meet some special needs. Based on this situation, the special cable market is emerging, attracting more and more people's attention. With people's attention to safety, environmental protection and other factors, marine cables, safety fireproof cables, locomotive and vehicle cables, nuclear power plant cables and other cables with special applications are increasingly popular. These special cables with thermoplastic insulation or cross-linked polyethylene insulation have the characteristics of light weight, small volume, low smoke, halogen-free, fire prevention, etc., so they are easy to install, environmentally friendly, and safe against fire. In case of fire, the amount of smoke and toxic gas released is extremely low and non corrosive, which can win valuable time for personnel to escape. For another example, nuclear power plant cables are mainly distributed in the nuclear island, conventional island and BOP parts of the nuclear power plant for power transmission, control, computer, instrument, etc. The types of cables required for a nuclear power plant are basically the same as those for a thermal power plant. However, due to the strict requirements for halogen-free, low smoke, low toxicity and other technical performance of nuclear power plant cables, China can only produce wires and cables for the periphery of the nuclear island at present, and most of the rest can only rely on imports at present. It is estimated that the installed capacity of nuclear power in China will reach 2000MW by 2010, accounting for 17% of China's total power generation. The great development potential of nuclear power plants provides a good market space for cables used in nuclear power plants. In addition, there are many infrastructure and engineering construction projects in China, and there is a huge potential development space in the fireproof cable market. According to statistics, the market demand of fireproof cable market in China was about 3 million US dollars in 2002 and 5 million US dollars in 2003. Many important international events to be held in China (such as the 2008 Beijing Olympic Games, the 2010 Shanghai World Expo, the Asian Games in Guangzhou, etc.) will add many construction projects that require high quality and high safety, thus further increasing the market demand for special cables such as fireproof cables. On the other hand, although the development of the wire and cable market of China's rolling stock is relatively slow, with the vigorous rise of urban subway construction in China, it is expected that the market will have huge development potential in the next three to five years. At present, China's traditional cable market has been in full swing, and is facing the problem of oversupply. However, in the special cable market, there is almost a vacancy. In the face of this rapidly developing market, it may be an urgent problem for domestic manufacturers to consider how to gain the first opportunity, because expanding the Chinese market has become an important part of the market strategy of cable manufacturers at home and abroad. For example, as a leading company in the global cable industry, Nexans recently established a sole proprietorship in Shanghai, which undoubtedly adds important chips to its market competition, and also rings an alarm for domestic wire and cable manufacturers. Not only in the field of wire and cable, but also in many fields, China's market potential is great. However, in very cases, domestic manufacturers are always limited to traditional product competition and lack of development in new fields. They only know what they are missing when external competition appears. In the face of the huge market potential in China, perhaps what needs to be changed is the short-sighted vision of many manufacturers. It is a wise move to give up struggling in a narrow space and actively improve their own professional technology and open up new development space. This is not only beneficial to the development of the industry itself, but also to the development of the entire domestic wire and cable industry. Faced with the current situation, we can only expect domestic manufacturers to take active action, be brave in innovation, strive to develop new technologies and environments, and contribute to the development and progress of the entire wire and cable industry.