Power Grid's Lavish Spending at the Start of the Year and Changes in Bidding Rules: What Do Copper Wire and Cable Companies Think? [SMM Analysis]
- feb 21, 2025, at 2:28 pm
[SMM Analysis: Power Grid's Generous Start and Changes in Bidding Rules—What Do Copper Wire and Cable Companies Think?] As the conclusion of the 14th Five-Year Plan approaches, China's power grid investment has significantly accelerated in 2024. Entering 2025, the State Grid Corporation of China announced ambitious investment plans and optimized its bidding rules. Can these investments boost copper wire and cable orders for companies? What impact will the rule changes have on companies winning bids? SMM has compiled feedback from cable companies as follows...
