Rapid economic growth in emerging countries such as Asia and the shift of the focus of world wire and cable production to Asia.It has led to the rapid development of wire and cable industry in China, Vietnam, Philippines and Egypt in the Middle East.

In 2008, the world output of insulated copper cables increased by 4.6%, and the annual output of insulated copper cables was 12.56 million tons. Europe accounted for 25%, North America 16%, Northeast Asia 12%, and the rest of the world (including China) accounted for about 47%.

According to the international industry statistics, the annual growth of wire and cable in the world averaged 4.5% from 2003 to 2010.From the development trend of cable industry technology in the world, the future development direction is: large capacity, ultra-high voltage, oil-free, short circuit resistance, high reliability, maintenance-free.

At present, the traditional oil-filled paper insulated power cables have been gradually replaced by cross-linked cables of various voltage levels. The application of high-voltage and ultra-high-voltage cross-linked cables is becoming more and more extensive.At present, Europe, America and Japan require more and more cables to be used.

It is strictly forbidden to use or import non-environmentally friendly cables. With the promulgation of the RoHS directive of the European Union, the large-scale use of eco-environmentally friendly cables and cables has become a global trend.