The future of Chinas hardware industry

 

    The future of Chinas hardware industry

     

  • China National Hardware total import and export volume reached 74.923 billion U.S. dollars in 2010, compared with2009, an increase of 30.1%.

    Before several of the exports of major countries and regions: the United States, Japan, Germany, the Russian Federation,China, Hong Kong and the United Kingdom. Compared with 2009, an increase of three exporting countries are: North America Greenland; Oceania cover ratio Islands, Marquesas Islands. At this point, the export countries and regions ofChinas hardware industry reached a total of 226.

    A long time, Chinas hardware industry is mainly dependent on exports for survival and development, the international financial crisis broke out in 2008, a serious blow to the export engine of Chinas hardware industry, hardware industryinto a corner.After two years of hard work, in 2010, the hardware industry, the export situation has been significantlyimproved, Chinas hardware industry is getting out of the "post-crisis era."

    The industry believes that with the intensified competition in the hardware market, competitors of domestic enterprisesin addition to their own brand counterparts, eyeing the multinational hardware brand giant. The experts say that, fromthe future development trends, the global hardware industry over the next five years, the estimated annual growth of 3%to 5%. This growth rate, China still retaining its position as the worlds first chair.