What is the impact of the G20 meeting on the cable industry?

The 11th G20 summit is held in hangzhou, China, on September 3, 2016.

On November 16, 2015, President xi jinping attended the G20 summit in Turkey and delivered a speech, announced that China will be on September 4, 2016-5 in hangzhou to hold the 11th summit of G20 leaders.

The theme of the summit is to "build an innovative, invigorated, interconnected and inclusive world economy".

The latest popular line on the Internet: hangzhou's little brother is counting the days of the hangzhou summit to finish, estimate the express will explode.

Since the express industry is deeply affected, how can the electric cable industry be unaffected?

1. Go out and

In recent years, China has implemented various economic policies such as the One Belt And One Road policy and encouraged the establishment of friendly economic and trade relations with neighboring countries.

The G20 summit in hangzhou in 2016 is aimed at strengthening trade links between China and other countries and promoting the further development of sino-foreign trade.

The number of factories in the cable industry is still increasing, and the cable industry has been in a crisis of overproduction in the light of the use of electricity and power cables in China.

Once there is a glut of capacity, on the one hand, it will cause the goods to be unmarketable, and then the price will plunge, and many small and medium-sized enterprises will not make ends meet.

On the other hand, the production of raw materials will be wasted.

The solution to this crisis is either to reduce production or to increase purchasing power.

At the factory, the domestic market is saturated.

The expansion of overseas markets has become a top priority.

Manufacturers should look beyond the sea and respond positively to national policies.

We should strengthen trade links with good-neighborly and friendly countries and overseas enterprises, expand the export of electric power cables, and preempt the overseas market.

2. Introduction to

Maybe someone will ask, not just said that the cable company is going to go out, now how to introduce again?

Let's look at a set of data:

In 2015, four U.S. producers controlled about 93 percent of the output of copper communication cables and 85 percent of fiber optic cables.

Japan's seven largest companies account for 86% of the country's sales.

Twelve British businesses account for more than 95% of national sales;

The pretzman cable and system is the world's largest manufacturer of energy and communications cables, with 12 manufacturing plants covering 34 countries in five continents and more than 9 percent of the world market.

The western countries have been developing earlier, industrialization and urbanization, and the cable industry in their own countries is also flourishing.

Since it is necessary to seize foreign markets, there should be corresponding capital.

We need to improve our cable technology in the demand of enterprises.

At this time, we need to introduce some foreign technologies, use the learning internalization, the skilled application, the production of better quality, the higher technology products to compete with foreign products.

3. Technical innovation

Today's science and technology is developing rapidly, like a great wave of sand, which will be eliminated by the rapidly changing technology.

Although the domestic market is stable, most of the cables used in high-technology technologies, such as aviation cables and submarine cables, still bring in large amounts of foreign cables.

Many cable factories in China are in the critical period of transformation and cannot only be used as cable manufacturers in the big trend.

Must for technical innovation, make oneself of the factory has the core technology, only to improve their technology, to improve the quality of our products and increase their market competitiveness, under the action of the rules of the evolution of the market keep its not being eliminated by the market.

4. Offline to online

O2O has been on the rise since 2013.

O2O is the platform that combines offline business opportunities with the Internet to make the Internet a platform for offline transactions, which originated in the United States.

The Internet has developed and many industries have moved from physical stores to online stores.

Manufacturing industries such as the clothing industry.

The cable industry is no exception, and the reality of the hardware store has been reduced.

Manufacturers should also change their sales methods and increase sales of online products.

The sales work of two aspects of online and offline, can better promote their products market.

Get your brand name recognition through the Internet.

What is the impact of the G20 summit on the cable industry?