Development of hardware products

As the largest steel producer in the world and the most populous country in the world, China has the advantage of low cost of raw materials and labor for manufacturing hardware products. In recent years, China’s export of hardware products has maintained a steady growth trend. China has become one of the major exporters of hardware products in the world. It is expected that every year in the future. Exports will remain 10-15% growth.


“China’s Hardware Industry Development Prospects and Investment Strategic Planning Analysis Report” shows that in 2010, China’s hardware industry has been growing rapidly throughout the year. Generally speaking, the hardware industry is running well, the growth momentum of domestic and foreign sales is obvious, the import and export are growing rapidly, the economic indicators are rising rapidly, and the industry as a whole has basically recovered to the level before the financial crisis.


According to statistics, in 2010, 8811 Enterprises above the scale of China’s hardware products industry completed a total industrial output value of 635.234 billion yuan, a cumulative increase of 29.43%. It is mainly concentrated in Guangdong, Zhejiang, Shandong, Jiangsu and Hebei provinces, with a total industrial output value of 474.128 billion yuan, accounting for 74.64% of the total industrial output value.


Hardware industry has played a positive role in improving people’s living standards, improving the quality of life, constantly meeting people’s growing material and cultural needs, expanding domestic and foreign market demand and absorbing labor employment, and accelerating the pace of industrialization and urbanization. In the process of achieving the goal of building a well-off society in an all-round way, it bears an important historical mission. During the “Twelfth Five-Year Plan” period, China will change the development mode of the hardware industry, continue to maintain orderly, healthy and rapid growth of the industry on the premise of saving resources, reducing consumption, protecting the environment and improving the quality and efficiency of economic growth, and strive to transform China from a big hardware manufacturing country to a powerful hardware manufacturing country. It is estimated that the gross industrial output and industrial added value will increase by 10-12% annually during the 12th Five-Year Plan period, and the industrial output value will double in 2015 compared with 2010.