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With the rapid development of China's wire and cable market, the overall level of the industry has been greatly improved. However, the Chinese wire and cable market is currently facing a difficult transformation, and it is urgent to narrow the technological gap with international manufacturers. Especially in the high-speed development of the aluminum alloy cable market in recent years, the product quality is uneven, which has become a huge safety hazard.

The development of the industry is gradually becoming more mature. The emphasis on cable quality and safety, the pursuit of technological innovation and the responsibility of corporate citizenship are becoming the mainstream of development, so as to get rid of the current pure price competition pattern. At the same time, as people pay more and more attention to environmental issues and sustainable development, they are willing to invest in R&D and innovation, and use more environmentally friendly and recyclable materials to reduce environmental damage, which have become the development direction of wire and cable companies.