Cable industry "wolf comes" foreign-funded enterprises to stimulate competition

Foreign cable companies have already forcibly eroded China's cable market, which has brought great pressure on domestic cable companies. However, we are blindly complaining about the vicious expansion of the industry, brutal competition in their own compatriots' industry groups, and merciless blows, and have not seen foreign companies doing business in China. What are you doing? Just as we launched a fierce "fighting battle", foreign-funded enterprises were there to "make a fortune".

Senior cable information professionals believe that there are indeed 52 tower towers in China on high voltage and EHV cables. However, currently the monopoly of China's high-voltage and ultra-high-voltage intense cable market is almost entirely foreign-funded enterprises, among which are: Shenyang Furukawa, Hangzhou Huaxin, Baosheng Preismel, Shanghai Cable Tengcang and France Nexans, and only Qingdao. Some domestic-funded companies such as the Hanban, Special Change Luneng, etc. are fighting there. Some of the other towers are playing their roles, and some have become "ears of the blind" or games to burn money.

It is often said that "the introduction of foreign-funded enterprises can stimulate competition," and that "there is competition for development." Now, it is really "the wolf is coming," and we are unable to fight it. Let us erode the market and force the domestic-funded enterprises to a dead end. Instead, we will be able to claim the "great achievements in attracting investment."

Reports from the Internet are commonplace. They are refreshing and at the same time, if you look at the following contents, you should also give some thoughts. Where is the so-called flag of the national cable industry, and who will fight it? Isn't it worth thinking about?

Foreign invested companies are Building Wire and cable factories in China. They cover a wide range of products and cover almost all wire and cable product areas. From 220-500kV high-voltage and ultra-high voltage cross-linked cables to small electronic cables, there is a wide range of factories. small. These foreign funds mainly come from Japan, the United States, Britain, France, Germany, the Netherlands, Switzerland, Singapore, Hong Kong and Taiwan.

These foreign capitals have achieved remarkable results and have demonstrated their skills in the Chinese market. Among them, the 110-220kV cross-connected cables of Furukawa Electric of Japan and Walsin Lihwa of Taiwan have already occupied a considerable market share in China. The special cables of Nexans of France and the construction of wire and cable factories of foreign capitals in China have a wide range of products covering almost all wire and cable products, ranging from 220-500kV high-voltage and ultrahigh-voltage cross-linked cables to small electronic cables. No, the size of the factory is very small.

These foreign funds mainly come from Japan, the United States, Britain, France, Germany, the Netherlands, Switzerland, Singapore, Hong Kong and Taiwan. These foreign capitals have achieved remarkable results and have demonstrated their skills in the Chinese market. Among them, the 110-220kV cross-connected cables of Furukawa Electric of Japan and Walsin Lihwa of Taiwan have already occupied a considerable market share in China. Nexen's special cables and transportation cables have a high reputation in China. They are continuing to enter some key projects. After winning the 500kV submarine cable project in Hainan, this year, they successfully acquired the Power Cable business of Shandong Yanggu Cable Group. unit. Fiber optic cables from Philippe Holland and Siemens Germany have long been household names in China. The ACTC wire of American CTC Company has successfully entered the Chinese market and established a manufacturing base. There are also many companies that make enameled wires, electronic wires, and power cords.

It is undeniable that the technology of foreign companies is more advanced. However, those products are foreign brands and have nothing to do with the Chinese wire and cable industry. As for whether the technology of foreign companies can be learned, it can only be a question of heaven. The degree of its technical secrecy does attract the attention of the people. It is said that once there was a famous figure in the Chinese cable industry who went to a foreign company in Shanghai to look at it, and it also caused foreigners to become furious.

Not to mention market competition, foreign companies have their unique conditions and practices that can comfort users with their posts, and domestic cable companies can only see the business booming. The policy of protecting the interests of foreign capital is a sword for foreign businessmen. As a result, in many important projects, there are products of foreign companies. Some bid documents have written in plain language that "the bidder must be a wholly foreign-owned company or a joint venture company."

However, at some industry conferences, people also feel that the preferential treatment of foreign-funded enterprises seems to be particularly respected. It seems that the names are particularly loud, and it seems that people are also superior.

Some of these foreign companies are sole proprietorships, and some are joint ventures with or without holdings. However, under the current situation that the overall profits of the country's wire and cable industry have risen, foreign companies have repeatedly lost money. The more they lose money, the more they increase their investment. This phenomenon has been common.

It should be said that the purpose of setting up foreign factories in China is to make money. Who will not make money? The purpose of China's attraction of foreign investment is to obtain technology and taxation. If we can't learn technology and we don't get tax revenue, we will also defeat the local wire and cable industry. Therefore, the performance of foreign cable companies is not the pride of the people.