With the resumption of work and production in application markets, wire and cable industry in China is recovering from the pandemic. At present, there are nine ultra-high voltage units under construction in China, which resumed construction schedule last month. China Telecom, China Unicom and China Mobile announced the winning of the centralized procurement of 5G base stations, totaling RMB 76 billion and involving 520,000 5G base stations.
On the other hand, China's automobile market is expected to reach the same level of last year in June under the influence of multiple factors such as price reduction, promotion by car dealers and policy incentives.
Wire manufacturing and processing machinery produces adequate wire and cable products for the development of new infrastructure. At wire China, taking place in September, you can source high-end machinery and discover cutting-edge technology innovations.