On September 3, 2016, the eleventh summit of G20 was held here in Hangzhou, china. On November 16, 2015, Chinese President Xi Jinping attended the G20 summit in Turkey and delivered a speech announcing that China will hold the eleventh summit of the leaders of the group of twenty in Hangzhou on September 4, 2016 -5. The theme of the summit will be "building an innovative, dynamic, inclusive, inclusive world economy."".

A recent online popular saying: the Hangzhou cubs are counting the days until the Hangzhou summit ended, estimated the courier will burst.

Since the express industry is deeply affected, then how can the wire and cable industry be unaffected?

1. go out

In recent years, the implementation of China Belt and Road Initiative policy and other economic policies, encourage the establishment of friendly economic and trade relations with neighboring countries. The G20 summit held in Hangzhou in 2016 aimed at strengthening trade ties between China and other countries, and promoting further development of Sino foreign trade.

Wire and cable industry, the number of manufacturers is still increasing, and throughout the use of China's electricity consumption and wire and cable, the cable industry has a surplus of production crisis.

Once the overcapacity occurs, on the one hand will cause unsalable goods, then came the price diving, many SMEs to make ends meet, is about to go bankrupt. On the other hand, waste materials will be wasted. The solution to this crisis is either to reduce production or to increase purchasing power.

In the growing number of manufacturers, the domestic market saturated today. Overseas market development has become the most important thing.

Major manufacturers should look out of the sea and respond positively to national policies. To strengthen trade ties with the good neighborly and friendly countries and overseas enterprises, and to expand the export of wire and cable, we should first seize overseas markets.

2. introduction

Perhaps someone will ask, just now not say cable enterprise should go out, how come to introduce again now?

Let's look at a set of data:

In 2015 four American manufacturers to control the copper communication cable and optical fiber cable and 93% output 85% output; seven Japanese companies accounted for 86% of the sales; the UK more than 12 companies accounted for 95% of sales in the country; Prysmann cables and systems is the world's largest energy and communication cable manufacturers in the world. The five continents are 12 production plants covering 34 countries, the global market share of more than 9%.

The industrialization of the western countries was earlier, industrialization and urbanization were higher, and the cable industry of their own countries was also very developed. Since we should seize foreign markets, we should certainly have appropriate capital. On the demand for major enterprises to improve their own cable technology. At this time, we need to introduce some foreign technology, use learning internalization, skilled application, production of better quality, higher technology products to compete with foreign products.

3. technological innovation

Today is the rapid development of science and technology, like a small will be mighty wave crashing on a sandy shore, the technology change rapidly eliminated. Although the domestic market is stable, but most of the cable used in cutting-edge technology, such as aviation cables, submarine cables, etc., will introduce a large number of foreign cables.

Many cable factories in China are in the critical period of transformation. Under the general trend, they can not only be the manufacturers of cables. Must carry on technology innovation, make our factory has the core technology, only to improve their own technology, to improve product quality, increase their market competitiveness, in the role of the survival of the fittest market rules to ensure their not being eliminated by the market.

4. lines down to the line

Since 2013, O2O has gradually risen. O2O refers to the line of business opportunities and Internet integration, so that the Internet has become a platform for offline trading, the concept originated in the United states.

The Internet has developed gradually, and many industries have moved from the entity store to the online store. Manufacturing industries, such as the clothing industry.

Cable industry is no exception, the actual existence of hardware stores have been reduced initially. Major manufacturers should also change their sales methods, increase sales of online products. Do a good job in online and offline sales in two areas, you can better market their products. Start your own brand awareness through the internet.

Original title: G20 summit impact on the cable industry, reflecting what kind of market growth and decline?