Since 2000, China has really begun to implement the policy of developing the western region. Today, 10 years have passed, benefiting from the policy of the Western Development, today's western provinces of Chongqing, Gansu, Xinjiang, and Guizhou have also undergone tremendous changes. The western economy has reached a new level, and related industries have realized leapfrog development. It is reported that the overall goal of the strategy for the new decade of Western Development will be finalized and the western economy will be further upgraded to a new level. It is reported that relevant industries in the western region will continue to be implemented in accordance with the 15% corporate income tax policy, which also means that companies can continue to enjoy the 10 year tax policy. In 2010, it plans to start 23 new key projects for the development of the western region, with a total investment of 682.2 billion yuan. With such a huge investment scale, China's hardware industry chain is expected to share a share.
Railway Business Opportunities for Western Development in the New Decade
It is reported that the overall goal of the new decade of western development will be determined to vigorously develop the railway industry and highways. Specifically including the Changsha-Kunming section of Shanghai-Kunming Passenger Dedicated Line will benefit China's hardware fastener companies. Fasteners are known as "industrial rice," and at the same time, they are also the most widely used and most used mechanical parts in all sectors of the national economy. Prior to this, China’s giant fastener giant Jin Yi Industrial Co., Ltd. had cleverly grasped the opportunity of high-speed rail, won the bid for a huge amount of high-speed rail orders, and conquered the difficulties to achieve a leap. As an important production area of ​​fasteners in China, the Jiashan fastener industry is increasing at a rate of 20 each year, which shows that the fastener companies are fiercely competitive.
Although the target for the new decade of Western Development has been established and railway fastener companies have come in handy, not all companies can win business opportunities. Different from common fasteners, high-speed iron fasteners have high technical requirements, complicated production processes, and the product quality is subject to a lifetime traceability system. Therefore, we can see that both opportunities and challenges coexist.
Infrastructure Development Opportunities for Western Development
The western region has a vast area and its overall development is relatively backward. With the advancement of the western development for 10 years, the hardware market in western China has also seen rapid development. At present, China's Western hardware market is a three-nation structure, represented by Xi'an, Chengdu and Chongqing respectively, each with its own characteristics.
It is reported that the investment of 682.2 billion yuan in the new 10-year development of the western region also involves the construction of wind power bases, airports, and water conservancy hubs. Large-scale infrastructure construction is bound to promote the development of China's hardware and other industries.
Business Opportunities At present, how will hardware companies get a share? As a national large-scale infrastructure construction, the requirement for quality is the first factor. For hardware companies, quality is also the survival of the company. A hardware tool company must consider quality as its lifeline for long-term development, so that it can be firmly grasped when opportunities arise.