Since the reform and opening up, China's electrical industry has achieved rapid development. The world economy is currently affected by the financial crisis. Experts have recently evaluated the impact of the financial crisis on the electrical industry as follows: the impact of the financial crisis on the power generation profession is very small. Except for thermal power generation, new energy generation such as nuclear power, wind power, and solar power continue to develop steadily, and it has no impact on the transmission and distribution profession. China's two major power grid companies will invest 1.4 trillion yuan within three years to strengthen the construction of China's power grid and the renovation and construction of urban and rural power grids.
In May of this year, the government proposed to invest 4 trillion yuan by 2020 to build China's; Unified and Strong Smart Grid; The plan. The continued prosperity of China's electrical industry can still be waited for. The electrical industry is facing a period of commodity structure adjustment and urgently needs technological innovation to accelerate the adjustment of commodity structure. We are waiting for the supply of updated engineering plastics in the plastic industry, which should have very good processing functions, higher electrical functions, higher temperature resistance, and better flame retardant functions, in line with safe, environmentally friendly, non-toxic, halogen-free, and flame-retardant green engineering plastics.