The strategy of "one belt, one road" to promote infrastructure construction will undoubtedly bring a huge "cake" to cable enterprises. Whether it is the one of the "one belt, one road" vision and action document, the construction of communication backbone network, such as the cross boundary optical cable, which directly benefits the cable companies, or the construction of power and transmission channels, and the indirect stimulation of cable demand such as hydropower, nuclear power, wind power and solar energy, are all historical opportunities for cable enterprises.
One belt, one road vision and action document was jointly issued by three ministries and commissions in March 28th. It can be seen that the biggest investment opportunities for cable companies in the future may lie in "construction of cross-border optical cable and other communication trunk network", "construction of cross-border power and transmission channel", "cooperation of hydropower, nuclear power, wind power, solar energy and other clean and renewable energy".
Submarine cable and optical cable are the basis of high-speed information transmission and the carrier of follow-up information service. The domestic ordinary optical cable industry chain is mature, while the submarine cable industry is in its infancy. Jointly promote the construction of cross-border optical cable and other communication trunk network, accelerate the construction of bilateral cross-border optical cable and other projects, and plan to build intercontinental submarine optical cable projects, which will stimulate the demand for optical fiber and optical cable.
In China, one belt, one road, will be built in Asia to establish a power grid interconnection mode between China, Southeast Asia and South Asia in Asia, Mongolia and Russia. In the Asian countries one of the "one belt, one road" strategy, except for a few countries such as Thailand, the loss of power transmission in most other countries is larger. The demand of new power grid and the upgrading of power grid is a huge cable market.
Many countries along one belt, one road, are mostly developing countries. Most of them are entering the rapid development stage of industrialization and urbanization. They need a lot of capital and advanced technology to develop China's electric power infrastructure. Conforming to the international situation, "going out" will provide opportunities for cable enterprises.
One belt, one road, is rich in wind and solar resources, and actively promotes clean, renewable energy cooperation such as hydropower, nuclear power, wind power and solar energy. It is foreseeable that the development of clean energy will also usher in a major development period. With China's vigorous development of clean energy, the pull for the wire and cable industry is huge.
One belt, one road one belt, one road of win-win cooperation, the key content of the construction of cross boundary cable, cross border power and transmission channels, and actively developing clean energy, and other "one belt and one road" construction are the historical opportunities that cable enterprises can not miss. Cable enterprises should adjust industrial structure, promote transformation and upgrading, and enhance international competitiveness.