Hardware Market in China Are Mainly Distributed in Shanghai

Hardware market in China are mainly distributed in Shanghai, Guangdong and Shandong and other places, including Zhejiang and Guangdong, the most prominent. At present, Shenzhen and the Pearl River Delta region surrounding gathered more than 6, 000 mold companies, employing over 100, 000 people. Hand tool industry with stable product quality, delivery time, product range, to meet customer demand in the world have certain advantages. And sales to Taiwan Hand Tools market-based off-island, now about 5, 000 local manufacturers, are located in the central region of Taiwan Island, medium and small enterprises. According to the survey data show that individual hand tools product category, the sleeve for the export of bulk, followed by the combination of hand tools, gardening tools for the third, fourth wrenches, pliers fifth. To exporting countries, the U. S. Ranked first, followed by Britain, Germany and Japan. Middle and low developed countries will shift to the third world as the rapid development of production technology and the impact of high labor costs in developed countries have low-grade products to accelerate the transfer to the third world, they only produce high value-added the product. DIY products into the hardware market darling in recent years, developed countries in Europe and America with the design of architectural hardware products with easy installation and maintenance of the main, self-assembly products and tools received by the market. China’s hardware industry exports, currently at an average annual rate of more than 10% of the accelerated growth of exports of foreign exchange last year, over $ 5 billion, exports of light industry in China ranks among the first three, I know that the hardware industry in China at least 70 % of private enterprises, as the main force of China’s hardware industry. The other hand, the international metal market: European and American developed countries due to the rapid development of production technology and labor costs rise, the universality of the product will be transferred to the developing countries, only the production of high added value products, while China has a strong market potential, it is more conducive to the development of metal processing and export power. Although the financial crisis a few years ago a slight impact on China’s exports of hardware, but has improved since 1999, exports from 1995 to 27.6 billion U. S. Dollars, rose to 3.847 billion U. S. Dollars in 1999, an increase of 71.74%, average annual growth of 11.4 %, then has been steadily growing. China enters the WTO, along with the wave of global economic integration, global manufacturing to accelerate the transfer to the Chinese mainland has become a trend, China will gradually develop into a world-class manufacturing base. Experts predict, especially the obvious advantages of Guangdong Pearl River Delta region, will be within a decade to become the world’s mold production center. Source: Machine-manufacture.com