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Top Ten News Stories of the Wire and Cable Industry in 2013
Release time:
2019-07-29
On January 8, 2014, the results of the “Top Ten News Stories of the Wire and Cable Industry in 2013,” jointly selected by multiple media outlets, were officially announced.
On January 8, 2014, the results of the “Top Ten News Stories of the Wire and Cable Industry in 2013,” jointly selected by multiple media outlets, were officially announced.
To comprehensively assess industry development trends and showcase the spirit of the entire cable industry—its relentless efforts and commitment to growth—the editors-in-chief of Southern Cable Network, Zhonglan Online, Cable Network, China Economic Net, China Quality Daily, China Industry News, China Business News, and China Electric Power News jointly formed the 2013 Top Ten News Selection Committee. The selection process for the year’s top ten industry news stories was launched in late December 2013. After multiple rounds of voting by media editors-in-chief, industry experts, and online users, the list of the year’s top ten industry news stories was finalized.
The top ten news stories of the wire and cable industry in 2013 are as follows:
I. Preparation for the Establishment of a National-Level Chamber of Commerce for the Wire and Cable Industry
Keywords: Industry Association/Chamber of Commerce
On May 8, 2013, the first preparatory meeting for the establishment of the China Cable Industry Association was held in Yixing City, Jiangsu Province. The meeting focused primarily on issues such as the association's establishment, drafting its articles of association, and formulating rules of procedure, thereby laying a solid foundation for the association's formal founding. It is reported that after nearly four years of preparation, the China Cable Industry Association has received high recognition from government authorities and industry organizations including the All-China Federation of Industry and Commerce, the Ministry of Civil Affairs, the National Development and Reform Commission, the Ministry of Industry and Information Technology, the China Electrical Equipment Industry Association, and the China Machinery Industry Federation. The association is now awaiting final approval from the State Council’s General Office.
News Extension: In 2013, the Guangdong Province Wire and Cable Industry Association and the Tianjin Federation of Industry and Commerce Cable Chamber of Commerce were established one after another. The Beijing Quality Inspection and Certification Association set up a Wire and Cable Quality Branch, and the Hunan Province Quality Inspection and Certification Association established a Wire and Cable Specialized Committee.
Media Commentary:
In 2013, the China Cable Industry Association was established in preparation, and several provincial- and city-level wire and cable associations (chambers of commerce) were subsequently set up one after another. This marked a shift away from the industry’s traditional “one industry, one association” model, ushering in an era of “multiple associations per industry” and a flourishing diversity of organizations. We have every reason to believe that industry associations and chambers of commerce—acting as the link and bridge between the government and enterprises—will play an even more active role in assisting the government to strengthen industry regulation and promote healthier, more orderly development within the sector.
II. The wire and cable industry embarks on a new approach to self-regulation.
Keywords: Industry Self-Regulation
In June 2013, Zhonglan Online was hired by the Jiangsu Province Optoelectronic Cable Association to become its independent third-party consulting service provider. Zhonglan Online provides the association with technical support for wires and cables, as well as monitoring of the latest market price trends. Additionally, it assists the association’s self-regulatory and supervisory committee in conducting price surveys and analyses of cable bidding processes for key engineering projects.
News Extension:
On May 16, the nationwide monitoring of prices for key wire and cable products was officially launched. On September 12, the Jiangsu Administration for Quality Supervision established the first “anti-counterfeiting and rights-protection” workstation and stationed it at the Jiangsu Wire and Cable Chamber of Commerce, eliciting a strong response among wire and cable enterprises across the province. In the same year, the China Electricity Council initiated a credit-rating evaluation program for wire and cable enterprises.
Media Commentary:
This move has pioneered the involvement of domestic industry-specific public professional websites in quality supervision by local cable associations. Using price monitoring to clarify the chaos in the cable industry has become an effective means of promoting self-regulation within the sector. The “Online Red Book Price” platform of Zhonglan Online continuously monitors and promptly publishes the “price floor and latest market prices” for wires and cables, enabling industry users to have a thorough understanding of various cable technical specifications and market prices. This platform has become a powerful tool for the industry to resist low-price bidding and for users to combat price-fixing schemes driven by high prices.
III. The wire and cable industry has been included in the National Industrial Structure Adjustment Guidance Catalog.
Keywords: Industrial structure
On May 1, the "Decision of the National Development and Reform Commission on Amending Certain Provisions of the 'Guidance Catalog for Industrial Structure Adjustment (2011 Edition)'" officially came into effect. Among these amendments, Article 20, under the category of “Restriction,” item 15 under “XI. Machinery,” which previously read “Wire and cable manufacturing projects (excluding special wire and cable products used in new energy, information technology, aerospace, rail transit, marine engineering, and other fields),” has been revised to: “6 kV and above (for onshore use) dry-crosslinked power cable manufacturing projects.”
News Extension:
In China’s wire and cable industry, most enterprises are small- and medium-sized. The industry suffers from severe overcapacity, leading to a vicious cycle of falling prices. As of July 2013, the number of loss-making enterprises in the wire and cable industry reached 664, with a loss ratio of 16.8%. The total amount of losses totaled 2.012 billion yuan—both figures representing increases compared to the same period last year.
Media Commentary:
Currently, the wire and cable industry suffers from overcapacity exceeding 40%, a situation that is only worsening and has become the root cause of the industry’s most prominent contradictions. It is imperative to adjust the industrial structure and resolve the issue of overcapacity. Although such adjustments will be painful and disruptive, viewed from a broader perspective and with a long-term vision, “eliminating” outdated production capacity, restructuring the industrial landscape, promoting industrial transformation and upgrading, and continuously enhancing product quality are the only viable path for China’s wire and cable industry to undergo a phoenix-like rebirth and make the leap from being a “cable giant” to a “cable powerhouse.”
IV. Chinese Wire and Cable Enterprises Strive for Global Influence and Voice
Keywords: International Exchange
On May 8, 2013, the “Global International Conference on Wires and Cables” was held in Yixing City, Jiangsu Province. At the conference, prominent figures—including political leaders, experts, and corporate managers—from countries that are major global producers of cables and wires discussed the growth path for the cable industry in the new cycle and conducted an in-depth analysis of the current strategic positioning of the global wires and cables industry.
News Extension: The 2013 China Asia Wire and Cable International Summit and the inaugural UL International Wire and Cable Exhibition were held, marking increasingly frequent international exchanges among industry players. Meanwhile, Chinese wire and cable enterprises are actively expanding overseas. With authorization and approval from UL headquarters in the U.S., the National Cable Center (Suzhou) has established a large-scale bundled combustion laboratory. Hengtong High-Voltage Power Cables represented China’s first entry into the Australian market, and Zhongtian Technology attended the 7th World Wire and Cable Congress.
Media Commentary:
In today’s globally integrated economy, it has become inevitable for China’s wire and cable industry to pursue an internationalization strategy. Cable companies should learn from advanced management practices and cutting-edge technologies abroad; leverage international trade conventions and standards to safeguard their legitimate rights and interests; and actively participate in the formulation of international standards. By fully harnessing the advantages of both international and domestic markets and resources, we can strengthen our alignment with global markets and foster both competition and cooperation on the international stage. If we proceed in this manner, one day soon, China’s wire and cable industry will confidently make its voice heard loud and clear around the world, drawing the undivided attention of the global cable industry.
V. The Sichuan Mingxing Cable Incident Sparks Industry Reflection
Keywords: Marketing Model
On October 11, 2013, Sichuan Mingxing Cable Company issued an announcement stating that, given Chairman Li Guangyuan’s failure to attend board meetings twice in a row, the company’s board of directors proposed removing Li Guangyuan from his position as chairman and dismissing Shen Ludong and Yang Ping from their positions as directors.
News Extension: In September 2013, He Yuying, the deputy general manager of Sichuan Mingxing Cable—a company with business ties to PetroChina—died after falling from a building. Also in the same year, the secret “ultra-low-price” bidding practice for the Hushan Power Plant project of Datang Cable was exposed.
Media Commentary:
Relying on the “big tree” of his connections, Li Guangyuan effortlessly landed major contracts, enabling his company to achieve rapid growth in a short period of time. The company was listed on the Shanghai Stock Exchange, and Li himself amassed a fortune worth over a billion yuan, reaching heights that most people could only dream of. However, as insider secrets were exposed, Li Guangyuan ultimately couldn't escape legal sanctions. The Star Cable incident serves as a stark warning to the industry: a marketing strategy that depends solely on leveraging powerful connections is no guarantee of long-term stability for a company. What truly ensures the healthy development of the wire and cable industry is to focus relentlessly on strengthening internal capabilities, continuously improving product quality, and practicing integrity and self-discipline.
VI. Significant progress has been made in improving the quality of wire and cable products.
Keywords: Quality Improvement
At the 2nd China Wuhu Wire and Cable Expo and Product Quality Summit, the State Administration for Market Regulation released the results of the 2013 nationwide coordinated supervision and spot checks on wire and cable product quality, as well as the latest list of national Class-A wire and cable enterprises for 2013. Among them, the pass rate of product sampling was 89.1%, and 113 new enterprises were added to the Class-A list.
News Extension: In 2013, Anhui Province issued the "Administrative Measures for Chief Quality Officers of Anhui Province," supporting Wuwei County in establishing a national demonstration project for improving the quality of special wire and cable products. Jiangsu Province established a tiered regulatory system for wires and cables centered on quality credit ratings. Zhejiang Province implemented a new quality and safety supervision model—the market retrospective mechanism—jointly promoting quality improvements across the industry.
Media Commentary:
In November 2010, the State Administration for Market Regulation organized the national quality inspection system to launch a special rectification campaign targeting wire and cable manufacturers, and quality improvement initiatives quickly gained momentum across the country. Over the past three years, the National Joint Working Group for Improving Wire and Cable Product Quality has established and refined a robust mechanism for quality enhancement. With coordinated efforts and sustained commitment from local authorities, the work to improve wire and cable quality has achieved phased results. Yet this is just the beginning—quality improvement activities will continue to be vigorously pursued, with unwavering determination and steady progress.
7. China’s new nuclear power cable products fill a global gap.
Keywords: New product development
On April 26, 2013, the grand press conference was held to announce the successful development of in-containment cables for the AP1000 third-generation nuclear power plant by Jiangsu Shangshang Cable Group. The successful development of these in-containment cables for the AP1000 third-generation nuclear power plant has filled a gap in the global nuclear power industry and laid a solid foundation for China's entry into the international nuclear power market.
News Extension:
In August, China developed a superconducting cable conductor for a fusion experimental reactor—the longest superconducting cable ever used in the ITER device. As the year draws to a close, the LOCA testing system developed by the Shanghai Cable Research Institute for third-generation nuclear power plants (the AP1000 series) has become the only testing system internationally that meets the requirements for “design-basis accidents” of the third-generation passive safety AP1000 series nuclear power plants.
Media Commentary:
This achievement has broken the technological monopoly held by advanced nuclear power nations abroad, accelerated the localization of nuclear power cables in China, and resolved the long-standing passive situation in which cables inside nuclear power plant containment structures had to rely on foreign imports. It has thus laid a solid foundation for China’s entry into the international nuclear power market.
8. China Successfully Constructs for the First Time an Overhead Aluminum Conductor with a Stranded Carbon Fiber Core.
Keywords: Technology Application
On July 3, 2013, China’s first 220-kV stranded carbon-fiber-core overhead aluminum conductor was successfully put into operation on the Fufeng I Line in Hainan. The transmission line has a length of 18.91 kilometers. This project marks the first time in China that the new type of carbon-fiber conductor—“stranded carbon-fiber-core soft-type aluminum stranded wire”—has been successfully applied to overhead transmission lines, and it holds significant scientific research and practical application value.
News Extension: In 2013, the "Guiding Opinions on Accelerating the Sustainable and Healthy Development of the Carbon Fiber Industry (Draft for Comments)" was released, proposing to strengthen policy support, focus on breakthroughs in key technologies and equipment, and remove bottlenecks hindering industrialization and engineering implementation; also emphasizing the need to enhance industry concentration, actively promote cross-industry, cross-regional, and cross-ownership mergers and reorganizations among enterprises, and cultivate three to five leading enterprises.
Media Commentary:
The stranded carbon-fiber-core composite overhead aluminum conductor is another innovative product developed beyond solid carbon-fiber-core composite overhead aluminum conductors. The stranded carbon-fiber-core manufacturing process is simple, offering high mechanical strength, a soft texture, and ease of installation. Its various performance indicators are superior to those of solid-composite conductors, making it particularly well-suited for large-scale promotion and application. The national industrial policies—encouraging the development of an independent carbon-fiber industry, mastering key core technologies, and increasing the self-sufficiency rate of carbon fiber—will accelerate the rapid development of China’s stranded carbon-fiber-core composite overhead aluminum conductors, thereby speeding up the replacement and upgrading of China’s traditional steel-reinforced aluminum stranded conductors.
9. China is witnessing a “hot trend” in aluminum alloy cables.
Keywords: Aluminum Alloy Cable
At the 2013 Academic Annual Conference of the Wire and Cable Specialized Committee of the China Electrical Engineering Society, the seminar on “Aluminum Alloy Conductors and Their Cables: Technology and Applications” became the focal point of the conference discussions. Experts and enterprises from the cable industry engaged in an in-depth exchange on topics including the performance of aluminum alloy cables, manufacturing processes, technical standards, and engineering applications.
News Extension: In 2013, enterprises across the board launched projects involving aluminum alloy cables. In September, Kaikai Cable successfully introduced two new products, one of which was a high-performance aluminum alloy cable. On October 25, Jialu Cable made the global debut of a new green and energy-efficient aluminum alloy cable. In December, Xinyi Group partnered with Qinghai to jointly promote the use of a new material—the rare-earth high-speed aluminum alloy cable. The wire and cable industry has thus been swept up in an aluminum alloy boom.
Media Commentary:
This conference focused on topics such as aluminum alloy cable manufacturing processes, technical standards, and engineering applications, and will undoubtedly mark an important milestone in the history of China’s wire and cable industry. However, we must remain vigilant: we must absolutely avoid blindly expanding production of aluminum alloy cables, lest this sector become the next industry plagued by overcapacity. Faced with the “glittering feast” of aluminum alloy cables, cable companies should adopt an objective and rational attitude, uphold the principle of sustainable development, rationally allocate their production capacity structure, and promote the healthy and orderly development of aluminum alloy cables.
X. Major foreign wire and cable manufacturers are stepping up their R&D efforts in China.
Keywords: Technology R&D
On October 25, 2013, U.S.-based General Cable Corporation announced that it would establish its 10th global R&D center in China. The R&D center is expected to be completed in the fourth quarter of 2014. By setting up this R&D center in China, the company aims to bring its product development expertise and strengths to China, thereby promoting the development of China’s wire and cable industry toward higher technology and higher value-added products.
News Extension: On December 30, South Korea’s LS Cable received the International Technical Specification Certification from CIGRE and announced that it will continue to ramp up its investment in equipment and R&D in China together with Hubei LS Hongqi Cable, providing high-level ultra-high-voltage products for China’s power grid construction. Meanwhile, the U.S. company UL has joined forces with China’s Wire and Cable Quality Supervision and Inspection Center to help wire and cable enterprises tap into the North American market.
Media Commentary:
Currently, the wire and cable industry is facing increasingly fierce competition, and possessing independently innovative technologies has become the key to success for enterprises. Cable companies in Europe and the U.S. attach great importance to R&D and maintain a strong technological edge in their products. Domestic enterprises must broaden their horizons, closely follow the latest developments in global cable technology innovation, and at the same time formulate clear technology strategies, increase investment in R&D, and accelerate technological innovation. By doing so, they can secure more independently developed technology patents and gain even greater strength in the process of globalization.
Keywords:
Real-time news
As the company’s employee benefits system continues to improve, the annual company-wide health check-up event kicked off once again at the end of October. Upholding a humanistic approach and adhering to a people-centered philosophy, the company organized this health check-up to ensure that employees can promptly understand their own health status, enhance their health awareness, and boost their work efficiency. After the morning check-ups concluded, the hospital and the company cafeteria provided everyone with a hearty breakfast. The entire health-check-up process was well-organized, standardized, and conducted in an orderly and efficient manner. Thanks to the strong cooperation from all departments, this health check-up event came to a successful conclusion.
August 22, 2022—Taizhou TV’s special news report on Taizhou Rishun: “Building expertise through dedication and helping enterprises accelerate their growth.” The future looks bright—Rishun team, keep up the good work!
Good news! Rishun Electric has been recognized on the national-level list. This time, all provinces collectively submitted applications to the Ministry of Industry and Information Technology for the national-level “Little Giant” enterprises specializing in niche fields and demonstrating outstanding innovation—over 50,000 companies in total. Ultimately, after rigorous review and public announcement, only slightly more than 1,500 companies were selected, yielding a success rate of just 3%. Kudos to Rishun!
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