Interpretation of the goal of domestic hardware tool industry development

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. Shi Lanlan, executive vice president and chairman of the China Tool Association, told the reporter that 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 their technical equipment. Investment and transformation to take the road 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; in January-June this year, the export value 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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