The 2016-2020 Investment Analysis and Prospects Forecast Report of China's Wire and Cable Industry released by CIC Consulting pointed out that in 2015, the proposal of the "the Belt and Road" strategy was a major strategic decision made by China's high-level policy makers to actively respond to profound changes in the global situation and coordinate the domestic and international situations, and a major "top-level design" related to China's reform and development, stability and prosperity, and even the realization of the Chinese dream of the great rejuvenation of the Chinese nation in the future. The "the Belt and Road" covers ASEAN, South Asia, West Asia, Central Asia, North Africa and Europe, with a total population of about 4.6 billion (about 2/3 of the world) and a total GDP of 20 trillion US dollars (about 1/3 of the world). According to preliminary estimates, the proportion of China's exports to the the Belt and Road region is expected to rise to about 1/3 in the next decade, and China's total investment in the Belt and Road is expected to reach $5 trillion. At present, the scale of infrastructure planned and under construction along the "the Belt and Road" has exceeded US $1 trillion, and the scale of transnational investment is about US $52.4 billion. The construction period of general infrastructure is 2-4 years. In 2015, the domestic investment in the "the Belt and Road" was 300 billion to 400 billion US dollars. In the capital construction investment of overseas projects, assuming that 1/3 of the projects prepare relevant equipment in China, the investment scale driven by the "the Belt and Road" will exceed 400 billion dollars in 2016.

In a large public building, electrical investment accounts for about 10% of the total project investment, and cables will account for a relative proportion of the budget in electrical investment. This provides a rare opportunity for resolving the overcapacity of domestic cable enterprises and conducting structural adjustments in the industry.

The proposal of the "the Belt and Road" strategy has undoubtedly boosted the whole infrastructure construction, and infrastructure interconnection is the priority area of this strategic construction, of which the cable industry will benefit greatly. Whether it is the construction of cross-border optical cables and other communication networks that directly benefit cable companies in the "the Belt and Road" vision and action documents, or the construction of cross-border power and transmission channels, as well as the indirect stimulation of cable demand such as hydropower, nuclear power, wind power and solar energy, this will be a major historical opportunity for cable companies. "

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