China's domestic fastener industry is seriously hindered

Modern economic development puts forward higher and higher requirements for the modern fastener manufacturing. The technical level of the fastener industry has a very large room for improvement and has achieved rapid development.

China is the world's largest fastener producer. In recent years, China's fastener industry is in a period of rapid development. The level of manufacturing technology is gradually increasing, and labor costs are relatively low. The pattern of division of labor in the world fastener industry is changing. However, foreign manufacturers have not hesitated to take advantage of dumping and other unfair means to step up their efforts to seize the Chinese domestic market. The domestic fastener industry has been greatly impacted and challenged, and the domestic fastener industry is developing very hard.

In the past two years, as the appreciation of RMB has entered the appreciation channel, raw material prices have risen, labor costs have increased, and the rental price of land plants has increased, the low-cost competitive advantage of fastener products in China has gradually weakened, and the market space has been further squeezed. In spite of this, large and small fastener companies are still gearing up for their own sales goals and trying to compete. It can be seen that the competition in the Chinese fastener industry has become increasingly fierce. The pattern of the fastener industry in China is changing quietly, and the development of the fastener industry is facing layers of resistance.

From the production of low-end, low-grade fastener products to the middle, high-end, high-end product transition, the formation of an innovative atmosphere and environment, in order to better formulate China's fastener industry innovation ideas and strategies, is conducive to many Fastener companies inject real innovation results, thereby promoting China's fastener industry has become an innovative industry with the characteristics of the times, but China's fastener development technology is blocked, which is also an important reason for the development of the domestic fastener industry is blocked .

In summary, the outlook for the fastener industry seems dazed. In fact, any industry development will encounter some resistance. Moreover, with the appreciation of RMB into the appreciation channel, raw material prices, labor costs, land plant rental prices and other factors, these are the economic background under the background. Only calm down, careful analysis of the reasons for resistance, strengthen technology, and increase competitive strength is king.

The development of the domestic fastener industry in China is seriously hindered. At present, there is a strong demand for domestic fasteners, but due to the exclusion and suppression of domestic manufacturers, domestic fastener companies cannot achieve the expected reasonable profit levels or even long-term losses, and thus cannot upgrade equipment and improve production processes. Domestic fastener companies also have their own constraints on the development of their own, small-scale enterprises, low value-added products, low risk resistance, industrial chain information communication is not timely and so on.

External factors and their own internal development bottlenecks have made domestic fastener companies struggle. This has prompted the domestic fastener industry to speed up the process of reshuffling. It is against the tide and is not advancing. China's fastener companies must develop and grow, and must seek a road to change. Actively seek breakthroughs.