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China's Power Cable Industry Output Value Exceeds Trillion Yuan, High-End Product Ratio Rises to 35%
2026-01-10 10:03:19
 

Annual data for 2025 shows that the output value of China's power cable industry exceeded 1.2 trillion yuan for the first time, a year-on-year increase of 8.2%. Among them, the proportion of high-end power cable products rose from 18% in 2020 to 35%, achieving a key transformation from "scale expansion" to "quality improvement". Known as the "blood vessels" and "nerves" of the national economy, China's power cable industry has formed three major industrial clusters in the Yangtze River Delta, Pearl River Delta and Bohai Rim, covering a complete industrial chain from material R&D, equipment manufacturing to finished product supply. Driven by downstream industries such as new energy and high-end manufacturing, the output of high-end products such as high-voltage power cables for new energy vehicles and special power cables for photovoltaics increased by 42% year-on-year, with export volume reaching 89 billion yuan, an increase of 15% over the previous year. The main export markets have expanded to high-end fields such as Europe and North America, changing the previous export pattern dominated by emerging markets.


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