Multinational companies grab the country's fastener industry market

Multinational companies grab the country's fastener industry market

At present, domestic fasteners for export are mostly products with relatively low technological content. The substitution of these products is very strong. If we do not increase the technical content of our products and reduce the cost, we will soon be reduced in production costs. Replaced by the country.

In recent years, multinational companies in the United States, Japan, South Korea, India, and Germany have come to China to set up factories to set up factories. Nearly 100 fastener factories in Hong Kong have been relocated or newly built in Shenzhen and Dongguan, closely followed by It is a fastener factory in Taiwan that is more concentrated in the coastal regions such as the Yangtze River Delta, the Pearl River Delta, and the Jiaozhou Peninsula. Up to now, there are more than 200 high-value-added, high-precision, high-strength automotive fasteners, whose total assets have accounted for about 25% of the national fastener industry, which will surely promote and enhance the overall industry of fasteners. Level.

The world market is vast and diverse. The traditional advanced economies such as the United States, Europe, and Japan have caused the economy to shrink due to the subprime crisis, and the potential for expansion has been limited. While ensuring market share, we must attach importance to emerging markets. The demand for standard fasteners is ubiquitous. From aircraft to automobiles to furniture and appliances, there is a vast demand. We need to segment markets and accurately position them. In Central and South America, Southeast Asia, Africa, the Middle East, and the former Soviet Union, these regions have a small share of China's export market. We can focus on the issue, expand the market, and widen the path for exporting standard fasteners. Through hard work, we may show that the west side is not bright. The east side is bright.

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