Research and Analysis on the Transformation Trend of Hardware Tools Industry in China

In the next five years, domestic tools will strive to achieve new breakthroughs in product development, standard setting, and market development. First, the whole industry is striving for steady growth, and it will strive to achieve export volume of US$10 billion by 2015, of which exports of its own brands will strive to reach 10% to 15%. The second is to guide the dragon skull enterprises to form joint forces through the optimization of shareholding and participate in international market competition. In this process, we must basically eliminate high energy consumption and high pollution companies. The third is to introduce advanced management systems, increase research and innovation, and strive to establish one or two provincial or national engineering technology centers to ensure that the funds used for research and development innovation are not less than 5% of sales revenue. Patents that have been declared or obtained are Half should be put into practical use. Fourth, large enterprises should be encouraged to do a good job of quality management, establish a high-level laboratory equipped with advanced professional testing instruments, and be used for daily quality supervision. Fifth, we must increase the popularity of Chinese brands in the international market, and strive to make more Chinese-made tool products into foreign high-end markets; at the same time, increase the share of domestic high-end products.

Shi Lanlan, executive vice president and chairman of the China Tool Association, said that in order to achieve the above goals, we must first vigorously cultivate the Chinese tool brand, especially in the domestic and foreign markets to increase and expand the popularity of China’s own brand of tools. , to enable enterprises to continuously improve their competitiveness in the process of nurturing and creating brands, increase investment in technology and equipment, and strive to form a group of enterprises with an annual output value of 1 billion yuan in the next 5 to 10 years, and nurture 3~ 5 world-renowned tool brands and a large number of well-known brands of domestic tools.

The China National Hardware Association recently stated that after 30 years of rapid development, China has become the world's leading tool manufacturing center and consumer market. In addition to fully satisfying the domestic market demand, Chinese hand tools and electric tools have also been exported to a large number. All over the world. At present, China’s tool hardware industry is in a critical period of improving its core competitiveness. The mainstream companies in the industry are increasing investment in technological equipment and transformation to take the path of healthy development with low carbon, environmental protection, and energy conservation. The domestic tools have determined the development goals for the next five years, and strive to achieve a transformation from qualitative change to qualitative change through the joint efforts of the entire industry.

Shi Xiaolan said that at present, 70% of the total global tools are produced by enterprises in China, the United States, and Germany. Among them, China's tool manufacturing plays an important role in the global industrial chain. Statistics from the Customs show that during the "Eleventh Five-Year Plan" period, the annual growth rate of China's tool exports exceeded 20% each year. In 2010, the total value of China's export of various tools exceeded 8 billion U.S. dollars; the volume of exports from January to June this year was 49.04. Billion U.S. dollars, a year-on-year increase of 25.4%. At present, more than 160 countries in the world have Chinese tool products.

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