The status quo of China's hardware enterprises - Hebei Gee Pipe Mill Co.,Ltd.

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The status quo of China's hardware enterprises

The current domestic production craft level is uneven, foreign many large manufacturers put China as their products processing base, there are quite a few international companies into the mainland market. These places have a lot of companies in Hong Kong, Taiwan, for example, the investor is not in local, but some European and American investors. Production in Taiwan at first, by Taiwan's strength, is gradually transferring to China. So, this is China's hardware products renewal stage, transition period from low-end to high-end products. It is good for the development of China's hardware industry, in the production of foreign products to domestic transfer process, is bound to put some abroad, including raw materials, advanced production technology and management mode brought together

From the traditional hardware point of view, a is a tool that, like hand tools, hydraulic tools, the rapid development of electric tools. Second, architectural hardware, decoration hardware, update speed is faster

China's hardware industry after years of accumulation and increase steadily, and now is the world's biggest producer of exports has grown steadily each year. The largest among them, the export amount of tools products, $5.34 billion; Secondly, building hardware, for $4.34 billion. Faucet exports of $2.23 billion, export $680 million in the locks. Exports most populous country is the United States, Japan, Europe, South Korea. Exports of China's hardware industry is growing at a rate of about 8%. Hardware products exports topped $5 billion last year, in the light industry exports ranked the third place. As China hardware manufacturing level and the expansion of production capacity, is expected in the next five years, China's hardware products will remain more than 10% of the steady growth every year. The first 10 months of our hardware mechanical and electrical products import and export to more than $500 billion. Surplus to further expand, accumulative total of $7.06 billion, accounting for 64% of the national trade surplus over the same.

International hardware market provide a good opportunity hardware products export of our country. Asia, China, Taiwan, Hong Kong's hardware products production after the developed countries in the world. Due to the rapid development of production technology and the impact of Labour is expensive, medium and low-grade products, developed countries have accelerate the shift to the third world, his just production some products with high added value. India, South Korea, Vietnam and other countries of the hardware production are also developing very fast in recent years, but compared with them, China itself has a greater market potential, is more advantageous to the hardware industry as big. China hardware enterprise in exploring international market accounted for the absolute advantage in hardware enterprises how to cope with the challenge and opportunity

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