Dongguan wire and cable industry has experienced more than 30 years of reform and opening up, and has become an advanced wire and cable manufacturing base in Guangdong and even the whole country.
Dongguan's electronic line production accounts for 50% of Guangdong's share. There are more than 2,000 companies engaged in wire and cable and its upstream and downstream industries. The number of employees is conservatively estimated to reach 500,000, and the annual output value is at least 70 billion to 80 billion yuan.
As we all know, the wire and cable industry occupies a quarter of the output value of the Chinese electrical industry, cable product variety satisfaction rate and domestic market share are more than 90%. Worldwide, China's total wire and cable output has surpassed that of the United States, making it the world's largest wire and cable producer.
Along with the rapid development of China's wire and cable industry, the number of new enterprises has been rising, and the overall technology and quality of the industry has been greatly improved. The sustained and rapid growth of China's economy has provided a huge market space for the cable industry and related products. The strong temptation of the Chinese market has made the world focus on the Chinese market.
In recent years, Dongguan has carried out vigorous and effective integration and optimization of wire and cable industry resources. It has become the most famous and professional industrial production base in Guangdong Province and even in China, playing a key role in promoting the overall development of the cable industry. .