**: China's optical fiber and cable industry faces two major opportunities

"China's optical fiber and cable industry has developed rapidly in recent years. This is mainly due to the organic combination of technology, capital, and management in the context of rapid economic growth and continued strong domestic demand." "Cable Industry Summit and Commendation Meeting," said Chang Dan, general manager of Changfei Optical Fiber Cable Co., Ltd.

Speaking of future development, Zhuang Dan said that the wider application of optical communications will further promote the rapid development of China's optical fiber and cable industry. China needs to focus on the world and actively promote industry cooperation, innovation and global development on the basis of “harmony but diversity”. It will build China into a global R&D, manufacturing, marketing, business consulting and service center. It will lay a solid foundation for sustainable development in the next 20 or even 30 years and realize a true growth of the industry.

Strong market demand and its own strength rising After years of development, China has become the world’s largest optical fiber demanding country and fiber manufacturing country, and it is also the largest importer of fiber optic preforms. Analyzing the future market situation, Zhuang Dan believes that China's optical fiber and cable industry is facing two major opportunities.

On the one hand, global demand continues to be strong. In China, the next three years are still the peak period of China's network construction, including huge demand for communications, electricity, railways and highways. In foreign countries, the imbalance in the current regional development indicates that there is more room for market development. The main market is the Asia-Pacific region with dense population distribution. The potential market is mainly the other four countries other than China’s “BRIC” countries. It also includes some countries and regions in South America and Africa.

On the other hand, the technical strength and production capacity of Chinese companies can already support the implementation of internationalization strategies. Chinese companies have already been able to manufacture a full range of fiber optic cable products and have the ability to independently design and manufacture manufacturing equipment. Zhuang Dan stated that China's optical fiber preforms will eventually reach success through the ups and downs, and through the latest round of development, it is expected to solve the problem of self-sufficiency in China's optical fiber preforms.