China's Cable Development Space Has a Great Competitiveness but Continues to Decline

In recent years, due to the challenging survival conditions faced by cable companies, many enterprises have shifted their focus toward production diversification. Among these, numerous well-known large corporations have taken this route. As a result, the proportion of diversified industries has gradually increased, while the main business has become less prominent, leading to a decline in the overall competitiveness of Chinese cable companies. To truly grow and strengthen the cable industry, it is essential for companies to concentrate their resources and focus on their core business. By dedicating time and effort solely to the cable sector, companies can cultivate specialized talent and drive technological innovation. The cable manufacturing industry involves a high level of technical expertise, and without a strong professional and scientific team, it is nearly impossible to conduct meaningful research and development or stay ahead in the market. For China’s cable economy to successfully integrate into the global market, it must develop a stronger sense of competition and national responsibility. Chinese companies should also learn to adopt technology strategies that not only compete with international standards but also set them. When participating in large-scale international projects, Chinese firms should aim to establish national standards, which will help secure a clear competitive advantage in the future. The reality is that progress cannot be made without focused effort. In the coming years, the national cable manufacturing industry is expected to face continued challenges. However, there must be key players—companies that remain committed to the development of the cable industry and continue to support the growth of China's national cable sector. Specialization can expand along the upstream and downstream of the product and industrial chain, offering vast development potential. When many Chinese companies expanded into overseas markets, they encountered not only trade protection barriers but also technical barriers created through the establishment of strict technical standards. These barriers often force Chinese companies to bear higher production and marketing costs. For example, to enter the U.S. market, products must pass UL certification, and to meet European requirements, they must comply with EU standards. Some European industries even revise their standards every two years, with the clear intention of keeping foreign competitors at bay. China’s standards lag significantly behind the rapid changes in emerging markets. Leading products such as wind power, nuclear energy, optoelectronics, power grids, and smart grids lack early involvement in the development of national standards, which puts Chinese companies at a disadvantage in the global arena.

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