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The characteristics of high-speed development of domestic hardware industry

Update:21-09-2019
Summary:

China's hardware industry has maintained a rapid develo […]

China's hardware industry has maintained a rapid development since the 1990s. It has become an important hardware country in the world, but it is undeniable that China's hardware industry is in product development, innovation, brand management, marketing management, and enterprise scale. There are a lot of gaps between the world's hardware companies and the world's hardware companies. But I believe that through the joint efforts of all parties, these difficulties can be overcome and resolved. At present, China has formulated a phased development plan: by 2010, the level of hardware manufacturing has improved significantly, and some industries have entered the international advanced level; by 2020, the hardware manufacturing industry has reached the international advanced level. China's hardware products industry has great potential for development and broad market prospects. Relevant hardware companies should be brave enough to meet the challenges, seize market opportunities, and develop with the industry!
In 2020, the hardware manufacturing industry has reached the international advanced level.
The export of small hardware products has surged, and the comparative advantages are obvious; the active operation of capital drives the sharing of resources among enterprises; the polarization of enterprises brings market rationality; the increase of high-tech content enhances the market competitiveness of products--"domestic competition internationalization, international "Competition of domesticization" will be the characteristics of the development of China's hardware industry in the next few years, and will be embodied in the following two aspects.
1. China's status as a global hardware manufacturing center will be further consolidated
China's economic facilities are relatively complete, industrial development is relatively mature and labor costs are low, and it has the comparative advantage of becoming a global hardware manufacturing center. The export-oriented development of hardware manufacturing is characterized. The strengthening of the central position is first manifested in the overall growth of the export of hardware products in recent years: the export growth rate of major hardware products is higher than the growth rate of production, higher than the growth rate of domestic market sales; the main hardware and electrical products are fully blooming, electric Tools, hand tools, and construction hardware products have seen a large increase in traditional export categories. The huge market and central gravity will further attract the transfer of hardware multinational manufacturing centers to China.
Second, the capital operation in the industry will become more active, and cooperation between enterprises will be significantly strengthened.
In a globally competitive environment, industrial capital is another theme of industry operation in order to gain a favorable competitive position and enhance competitiveness. From a capital perspective, the current main feature is the expansion of capital. From the perspective of competitive behavior, cooperation in resource sharing among enterprises is increasing.

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