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Analysis of electrical equipment industry
Dec 16, 2016

Electrical equipment market needs a broad, electrical equipment is a main application of the control and protection of power system, therefore, the direct consumption of the electric power industry is the electrical equipment industry. Power sector investments and direct influence on the development of electrical equipment industry and the market demand. In recent years, the Government has strengthened the power of investment in technological reform, especially Smart grids, West to East, the national network, rural power grid reconstruction and urbanization implications of urban power network reconstruction of electric equipment manufacturing industry has played a positive role in promoting. In addition, along with the accelerated process of China's industrialization will also promote growth in demand for electrical equipment, especially pillar industries such as petrochemical, iron and steel metallurgy.

To sum up, equipment development must meet the needs of social development, complete sets of international competition has begun, we must adjust the direction of good design and production of complete sets of equipment, complete sets of equipment of intelligence, miniaturization, high security and reliability, green is the trend of its development. The future, China's economy has maintained sustained and rapid growth for the world, which is undoubtedly good news for electrical equipment industry.