China Market

Domestic fastener enterprises usher in opportunities of development

Resource from: CBCC 26 Apr,2017
With the deepening of reform and opening up, China's fastener market more and more intense competition, and many foreign companies continue to enter the market in China, and landed in China, taking advantage of China's cheap labor, production of its brand products to obtain more High profits.
    Under this pressure, how to make their products are not suppressed, and the development of better and better become a lot of business thinking big problem. China's lack of large brands is also the need for enterprises to deal with the problem, so many companies from foreign countries into the Chinese market, which means that more fastener companies need to continue to break through their own, so that their development has become a and international Market convergence of the enterprise. This forced pressure, for the development of our fasteners have a very big help.
    You can see a lot of fasteners in China and these foreign-funded enterprises compared to the lack of major brands, which makes us in the fastener market competition is relatively poor, so our country has adopted a familiar price war, but Because it is in China's fastener market. Therefore, the price war for our enterprises now do not have much advantage, then China's best way is to build high-strength screw brand, have their own ideas, and international fasteners can be connected, so that competition in the market Will appear to be more powerful.
    Intensive or fine growth is to make technological progress and management efficiency in the overall growth play a leading role in the performance of the results is the increase in value-added, increased profits. Because, if it is by investment, although the increase in output, but the cost also increased, it is not sustainable. The current problem is that the entrepreneurial environment and the government have considerable flaws in the management of science and technology education.
    As long as we can through the reform to promote innovation and entrepreneurship system and policy environment, it is entirely in a very long period of time to China's fastener technology level and value added level has a significant increase. At present, the world's advanced level of fasteners are faced with large or small technological breakthroughs, if the Chinese fasteners to seize this great opportunity to play their own advantages, the development of some competitive international competitive products, but also It is entirely possible.
(CBCC)
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