Date: 2013-07-31

Four Key Words--Developing Trend of Hardware Industry

Since the Reform&Opening-up Policy has put into effect, the economy in China developed rapidly. However, it is the result of the foundational industry--hardware industry. After three decades, hardware industry in China had to be confronted with such an embarrassed reality: still in low-end of the global industry chain! In the beginning of this year, many problems emerged. Such as, anti-dumping, rising price of raw materials, hard labor, upgrading transformation, exchange rate etc. How about the future development of hardware industry? There are four characteristics:

Firstly, it is said that there are about 1800 listed companies in China, but the enterprise in hardware industry is still few. Since Jiangsu Hongbao Hardware Industry has founded in 2006, there are many hardware industries flourished in the latest five years. Especially for 2010, which is said to be the peak year.

Secondly, with the increasing demanding of tools market and rising exchange rate in China, many hardware industries beachheaded the domestic market. This year is the essential year of hardware industry, foreign trade to domestic trade transferred quickly.

Thirdly, many hardware industries became impoverished due to the financial crisis in 2008, those surviving hardware industries are facing with the upgrading transformation task now. Nowdays, the upgrading transformation of hardware industry in China become a fashion.

Last but not the least," low-carbon economy " is a household norm in China with the Copenhagen Climate Conference held in the capital of Denmark in the end of 2009, meanwhile, low-carbon also appeared in hardware industry. After many years' development, hardware industry still has high energy consumption and heavy pollution. Besides the metal contamination, air pollution is also existed. It is meaningless if the business interest is the cost of environmental damage, and it is not only pollute the environment, but also damage the image of the enterprise. Consequently, the enterprise should has strong environmental awareness. Only on the basis of the low-carbon, will the enterprise has a brilliant future.

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