State Council Development Research Center of Enterprise Research Institute Chen Xiaohong said recently that China cable industry has been ranked first in the world, but still there are many problems. Although the domestic cable industry has a certain international competitiveness, but still a lot to be the perfect place. "Products to ordinary products, a lack of enterprise technology development, corporate finance capital capability is not strong, weak marketing and branding capabilities." Chen Xiaohong said, leading to the above results is an important reason is that China lacks world-class cable industry large enterprises, the scale of the largest local cable companies only leading international companies before twenty-three quarter to a third.
The industry concentration is low for the current situation, the Far Eastern Group Chairman Jiang Xipei boldly predicted wave of mergers and acquisitions will rise in the wire and cable industry, "the next three to five years, our industry and even some other industries, 50% companies will cease to exist. "