Chinese cable companies are reshaping the global competitive landscape with their technological hard power. In 2025, Chinese enterprises will occupy 20% -25% of infrastructure projects in countries along the "the Belt and Road" by virtue of ultra-high voltage transmission, submarine cable and other high-end technologies, becoming a new benchmark in the international market.

Leading position in the field of ultra-high voltage:

State Grid Corporation of China will invest over 650 billion yuan in 2025, and the demand for ultra-high voltage cables will increase by over 15% year-on-year. The ± 535kV flexible DC cable independently developed by Chinese enterprises has been put into operation, breaking the monopoly of international giants and significantly improving the localization rate.

Deepening the layout of the "the Belt and Road":

As the core hub of the "the Belt and Road", Xinjiang's cable exports to Central Asia and South Asia will grow by 28% year on year in 2024. Chinese companies are reducing transportation costs and accelerating their expansion into emerging markets in the Middle East and Africa through localized services, such as partnering with Chinese engineering general contractors.

Expert comments: The report of the International Energy Agency pointed out that China's ultra-high voltage technology has the ability to export globally. In combination with the "the Belt and Road" initiative, it is expected to add more than 10 billion US dollars in new orders in the Middle East and North Africa markets in the next five years.