This paper systematically reviews the current status of China's power cable industry by analyzing the evolution of the global power cable industrial landscape, domestic policy advancements, improvements in industry regulatory mechanisms, and market dynamics. It reveals the development trajectory of China's cable industry and its competitive advantages in the global market, and discusses the challenges faced by the industry at this stage. The aim is to summarize and reflect on the current status of China's power cable industry, analyze its development achievements and potential shortcomings, and propose reference suggestions for technological innovation and industrial upgrading, thereby contributing to the sustainable and efficient development of the industry.