In the second half of 2011, due to factors such as inflation, sharp declines in the growth of key industries, tightening monetary conditions, and the economic downturn in Europe and the United States, the Chinese industry has been hit hard by the steady development of the first half of the year.
According to the "China Fastener Industry Report," 2010 is the year when China's "Eleventh Five-Year Plan" ended. Fastener companies, under the guidance of the Implementation Plan for the Revitalization of the Basic Parts Industry, rely on emerging industries to grasp the domestic sales market. , From the trough in 2009, there is a steady rise and rise, maintaining a healthy and stable development. However, overall, China's fastener market still has a large disadvantage, such as many small and micro-enterprises scattered, low value-added products, overcapacity, dumping prices, the market is not standardized, the company is not competitive and other defects.
In the face of severe tests and challenges, related parties stressed that fastener industry enterprises must have sufficient understanding and psychological preparation. First of all, it is necessary to step up restructuring, acquisitions, and step up adjustments in difficult situations. Rely on the industry and develop high-performance, high-intensity, high-value-added products. Give full play to the advantages of independent innovation of enterprises, vigorously develop information technology and high-tech applications, and increase the level of manufacturing and labor productivity. Secondly, we must base ourselves on the domestic market, promote dislocation competition, standardize the market order, oppose and stop the price dumping, and constantly adjust product prices in practice so that the price of fastener products can be adapted to the production cost, and be compatible with the international market, brand, and quality. Adapted. Again, we must speed up the withdrawal of funds, strictly control the scale of investment and investment, and pay more attention to controlling cash flow. Concerned about changes in the European and American markets, actively responding to various trade protections and stabilizing the export market.
According to the "China Fastener Industry Report," 2010 is the year when China's "Eleventh Five-Year Plan" ended. Fastener companies, under the guidance of the Implementation Plan for the Revitalization of the Basic Parts Industry, rely on emerging industries to grasp the domestic sales market. , From the trough in 2009, there is a steady rise and rise, maintaining a healthy and stable development. However, overall, China's fastener market still has a large disadvantage, such as many small and micro-enterprises scattered, low value-added products, overcapacity, dumping prices, the market is not standardized, the company is not competitive and other defects.
In the face of severe tests and challenges, related parties stressed that fastener industry enterprises must have sufficient understanding and psychological preparation. First of all, it is necessary to step up restructuring, acquisitions, and step up adjustments in difficult situations. Rely on the industry and develop high-performance, high-intensity, high-value-added products. Give full play to the advantages of independent innovation of enterprises, vigorously develop information technology and high-tech applications, and increase the level of manufacturing and labor productivity. Secondly, we must base ourselves on the domestic market, promote dislocation competition, standardize the market order, oppose and stop the price dumping, and constantly adjust product prices in practice so that the price of fastener products can be adapted to the production cost, and be compatible with the international market, brand, and quality. Adapted. Again, we must speed up the withdrawal of funds, strictly control the scale of investment and investment, and pay more attention to controlling cash flow. Concerned about changes in the European and American markets, actively responding to various trade protections and stabilizing the export market.
Shangqiu Jinda Tools Co.,Ltd , https://www.jindameasuring.com