As a basic industry in China, the fastener industry plays an important role in China's economic development.
It is understood that domestic production of fastener products in the quality and technology continue to increase, has been the domestic and foreign merchants of praise and favor, domestic sales of fastener products are also rising. According to relevant data, the total output of fasteners in 2012 reached approximately 6.8 million tons. It is expected that by 2018, the sales value of domestic fastener products will increase to 1.6 times this year. It can be seen that the domestic fastener industry has made great progress and breakthrough development. In recent years, the fastener industry has improved, but if you do not want to be eliminated soon, you must adapt to the trend and needs of the community, persist in innovation and adjust the transformation, and at the same time focus on building your own brand. We must continue to closely rely on key industries such as automobiles, new energy, aerospace, shipbuilding, urban transportation, IT, electronic appliances, and construction to accelerate the optimization and upgrading of fastener products so that the fastener industry can develop in a healthy and stable manner.
Experts in the industry said that at present, China is still in the initial stage of progressing from a fastener-rich country to a fastener-powerful country. The development of the latter period is a long way to go. It also needs to rely on the steady operation of the domestic economy and the domestic automobile, aerospace, and transportation industries. The continuous expansion of the demand for castings can continue to develop at a high speed. The steady and healthy development of the fastener industry can also promote the development of the domestic economy.
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