From the analysis of the rail transit industry, we must first talk about the development of China’s high-speed rail. China’s high-speed railway technology is at the forefront of the world. At the end of 2010, China’s railway operating mileage reached 91,000 kilometers, ranking second in the world; the high-speed railway operating mileage reached 8,358 kilometers, ranking first in the world. In 2012, the high-speed rail is expected to be completed and opened to 6,552 kilometers, totaling more than 13,000 kilometers. The new line totals 7,901 kilometers, totaling 9,901 kilometers.
The rapid development of urbanization in the future will inevitably promote the rapid development of urban infrastructure. Related supporting industry information, electronics, power grid, railway and other industries will be driven, directly or indirectly drive the demand for wire and cable industry.
In general, the downstream industries of wire and cable, especially the power industry, communication industry and high-speed rail industry, have ushered in a critical period of development of the industry, and the demand for wire and cable has been increasing. The wire and cable industry has developed steadily; at the same time, some industries have short-term development. If the new energy industry is vague, its demand for the wire and cable industry is basically stable, and the shipbuilding industry is still in serious overcapacity, and the demand for wire and cable will decrease in the short term. But overall, wires and cables will usher in a critical expansion period for the industry in the near future.