Enhance the Concentration of the Wire and Cable Industry and Make It Bigger, Stronger, and Better
"Wire and cable is the second largest national economic supporting industry in China after automobiles, and Jiangsu is a major province in the national wire and cable industry. After years of development, Jiangsu's wire and cable industry is large in scale, complete in variety, and excellent in quality, and has formed a certain influence in the national and even global wire and cable industry." Sheng Changshan, Deputy to the Provincial People's Congress, Secretary of the Party Committee, and Chairman of Baosheng Science and Technology Innovation Co., Ltd., suggested further enhancing the concentration of the wire and cable industry and promoting the high-quality development of the wire and cable industry in Jiangsu province.
Current Situation - The wire and cable industry concentration is low, and the homogeneous competition is serious.
According to the data, the top 5 of the top 10 national wire and cable enterprises in 2022 are in Jiangsu, with a total revenue of more than 350 billion yuan. 18 of the top 100 companies are in Jiangsu, accounting for 42% of the total revenue of the top 100 list. In recent years, Jiangsu has taken the leading wire and cable enterprises as the leaders and has gradually formed several industrial agglomeration areas such as Yixing, Wujiang, and Yangzhou, which have become an important force in local economic development.
"The traditional wire and cable industry have low barriers to entry. Product technology barriers are not high, the industry concentration is low, and the homogeneous competition is serious. There is a phenomenon that the good and the bad are mixed up in the market, and the inferior products are replaced by the good ones." Sheng Changshan said that the current development of wire and cable enterprises is facing great uncertainty.
Suggestions - Many parties should work hard to make Jiangsu's wire and cable industry bigger, stronger and better.
To guide the high-quality development of the wire and cable industry, Sheng Changshan put forward three suggestions.
First, strengthen law enforcement and crack down on illegal activities. The Ministry of Industry and Information Technology, and the National Development and Reform Commission should strengthen the management of the wire and cable industry, strictly examine and approve the projects, and prohibit repetitive and inefficient investment projects. The market supervision department should improve the product quality management measures, and distinguish product defects by grading and classification. And it should intensify the crackdown on malicious enterprises that manufacture and sell counterfeit products, individual "non-standard" products, and enterprises that use shoddy products, cut corners on products, and compete viciously in the market. By increasing law enforcement, a healthy development environment will be created for the development of the wire and cable industry in Jiangsu province.
Second, do a great job in policy guidance and solve common problems. Relevant departments should formulate and issue more supportive policies to guide the transformation and upgrading, and differential development of wire and cable enterprises in Jiangsu, and help related enterprises solve urgent and difficult problems. For example, in terms of scientific and technological innovation, for the high-end precision production and testing equipment that restrict the development of the industry, as well as the two main issues of high-voltage and ultra-high voltage insulation and shielding materials, we should increase our support, encourage more specialized, special and new enterprises to increase investment, and build and strengthen the wire and cable industry chain, and realize the high-level self-reliance of cable enterprises in Jiangsu. In terms of talent training, we should give full play to the advantages of gathering resources from colleges and universities in Jiangsu, setting up wire and cable-related majors, and cultivating professional talents in the direction of wires and cables.
Third, give play to the association to help the development of the industry. Relevant provincial and municipal departments set up specialized institutions to guide and help the development of wire and cable enterprises and associations in Jiangsu province. Give full play to the association, assist the relevant departments to do a great job in planning the province's wire and cable industry and other work and transfer non-governmental functions to build a more internationally competitive industrial ecosystem. With industry associations at all levels as the platform, unite the whole industry chain enterprises of the wire and cable industry in Jiangsu province, safeguard the overall interests of the industry and the legitimate rights and interests of the member enterprises of the association, give play to the association to guide the industry's self-discipline, promote the orderly competition of association members in the market, and make the wire and cable industry in Jiangsu province bigger, stronger and better.
Source: https://finance.sina.com.cn/jjxw/2023-01-17/doc-imyansmk8992514.shtml
