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China's hardware lock industry ranks the top three exporters of light industry
Nov 22, 2018

China's hardware lock industry ranks the top three exporters of light industry

In recent years, China's hardware lock industry has developed steadily with an annual growth rate of 15%. The annual output value has reached more than 180 billion yuan, and exports have reached more than 8 billion US dollars. It accounts for about one-third of China's total light industry exports, ranking the top three in light industry. Luo Baihui, chief analyst of Jinmoji Power Grid, pointed out that at least 95% of China's hardware industry is a private enterprise, and private enterprises have also become the main force in the development of the hardware lock industry. Due to the rapid development of production technology and rising labor prices in the international hardware lock market, the developed countries have transferred ordinary products to production in developing countries, producing only high value-added products, while China has a strong market labor force and become a hardware. The processing and exporting countries of the lock industry. Among the many hardware lock enterprises in China, the survival and development of small and medium-sized private enterprises has become the key to the healthy development of the industry.

In the globalized and integrated market economy environment, China's hardware lock industry is also facing fierce market competition. Especially in the context of the financial crisis and the economic crisis sweeping the world, the market competition is fierce, and the price competition is more violent. How do small and medium-sized enterprises in the hardware lock industry find a way out? How to survive in the competition is a place for urgent research and improvement.