2020 is a year of both challenges and opportunities for the copper-aluminum electrical industry.
The outbreak of the novel coronavirus epidemic at home and abroad at the beginning of the year dragged the global economy into a historical trough, the manufacturing industry once stagnated, and the successive outbreak of geopolitical contradictions made the market more worried about the deterioration of global trade relations. Many risks have cast a shadow over the prospects of economic recovery, and the electrical industry is also facing problems such as shrinking supply of raw materials and damage to foreign trade exports. However, thanks to the domestic stimulus policy of relying on infrastructure to stabilize the economy, power and engineering projects contributed to a better-than-expected recovery in the power cable industry, and orders remained strong throughout the second quarter.
From the industry level, what is the trend of the electrical industry in the second half of the year; from the technical level, how to break the situation of the inherent technological innovation of domestic electrical materials is worthy of further exploration.
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