Recently, the four trillion yuan to overseas Chinese version of the "Marshall Plan" to attract the attention of the world, its core strategy is through the export of goods and infrastructure to digest the domestic excess capacity. The Chinese version of the Marshall Plan is a gospel for all industries with overcapacity. In the new economic background, China's economic development into the world track has become a new trend. And the current capacity utilization rate of about 60% of the wire and cable industry, overcapacity is in a period of life and death. Taking advantage of the Chinese version of "Marshall Plan" of the east, to speed up the layout of overseas markets into China's wire and cable enterprises to digest excess capacity and expand the brand international influence "one stone two birds" strategy.
The Marshall Plan is the United States' economic aid to the war-torn Western European countries after the end of the Second World War, the plan to assist in the reconstruction, and the rapid recovery of the US economy from the bottom through a large number of surplus production capacity. While the Chinese version of the "Marshall Plan" is a major event through large-scale infrastructure construction to the domestic excess capacity to overseas transfer.
Overcapacity has become the current process of China's economic development in a systematic, structural, deep-seated problems, all walks of life are difficult to avoid this "stumbling block", wire and cable industry is no exception. Ministry of Industry and Information Technology Department of Industry Division Heavy Equipment Director Zhang Ronghan provided a set of data show that in 2012 China's wire and cable industry, general wire and cable production equipment utilization rate is generally less than 40%, medium and high voltage power cable capacity utilization rate of 60% The Long-term overcapacity intensifies the market competition, cable companies are in dire straits, looking for new economic growth point to become their common aspirations.
The Chinese version of the Marshall Plan has been supported both at the government level and at the academic level. "China's economy has four new growth points, corporate transformation is one of them." Haitong Securities chief economist Li Xun Lei in November 3 by the State Council Premier Li Keqiang held the economic situation forum held that if the original business Is the domestic sales, and now you can increase exports, if exported to expand, is conducive to digest its excess capacity.
In fact, a number of well-known domestic cable companies have not stopped the pace of catching up with the world.
As China's wire and cable industry leader, Far East Holding Group Chairman Jiang Xipei said in an interview, and now all walks of life will follow the market and economic laws, the current Chinese economy to this scale is indeed more international, Need to be transferred or converted.
"China's enterprises to a certain stage, going out is inevitable. Do not go out will encounter 'ceiling', going out will be brighter; not to focus on the world, the development will be limited, only actively participate in international market competition, Win the initiative of internationalization. "Jiangsu Hengtong Group Co., Ltd. Chairman of the Board Cui Genliang has been convinced that strong and prosperous, no international certainly can not do it.
Overcapacity has become the current China's wire and cable industry on the road to the urgent need to solve the problem, but this is a long process, "protracted war" is inevitable. China's wire and cable companies to practice hard "internal strength", upgrade quality, take the Chinese economy "going out" of the ride, accelerate the layout of globalization, expand brand influence.