Cabinet hardware industry grows steadily

In recent years, China's hardware industry has grown steadily. Last year, the export value of hardware products exceeded US$5 billion, ranking third in the export ranking of light industry. Due to the increase in the level of Chinese hardware manufacturing and the expansion of production capacity, it is expected that China's hardware products will maintain a steady growth of more than 10% per year within the next five years. In the first 10 months, the import and export volume of hardware and electromechanical products in China exceeded 500 billion U.S. dollars. The surplus further expanded, totaling 7.06 billion U.S. dollars, accounting for 64% of the national trade surplus in the same period.

There are three reasons for this:

The quality of practitioners has generally improved. According to industry insiders, the quality of employees in the hardware industry has generally improved over the years. For example, the head of the China Hardware City, the nation’s largest hardware market to be built in Beijing, has many doctoral and postdoctoral people.

Process and management levels have generally improved. As for the hardware industry's technology and management level, it has been greatly improved. Some domestic enterprises started to introduce advanced technology and management experience abroad years ago. Therefore, factories like Great Wall Seiko have already achieved a very high level of technology and management.

Industry development has entered the stage of change. At present, it is the stage for the upgrading of China's hardware products, from the mid-to-low end to the over-production of high-end products. This is very beneficial to the development of China's hardware industry, in the process of the transfer of production of foreign products to the domestic, it will inevitably bring along some advanced foreign production processes and management models including raw materials.