Faster localization of fastener industry

With the comprehensive deepening of reform and opening up, many foreign companies have continuously entered the Chinese market and have taken root in China. The competition in China's fastener market has become increasingly fierce.

Under such pressure, how to make the local industry rise suddenly became the long-standing problem for many companies. Under the premise that the current strength is obviously inferior to that of foreign-funded enterprises, the development of green manufacturing will undoubtedly light up the bright spotlight of domestic fasteners and move toward localization.

In China, the development of fasteners will continue to be actively promoted in the direction of brand management for a period of time to promote the all-round development of fastener projects.

In terms of products, high-end products will accelerate the localization of quality R&D. From the entire process of design, manufacture, packaging, transportation, use, and end-of-life disposal, we must consider the least waste, the lowest emissions, the highest resource utilization, and the least environmental impact. In order to coordinate the optimization of corporate profits and social benefits; in the circulation, to explore a variety of value-added service models, bring value and benefits to customers. From the provision of a single set of fasteners to the provision of mechanical fastening solutions, customized services, and remote monitoring, the proportion of services in the sales revenue of fastener manufacturers will gradually increase.

In the direction of discovery, advanced manufacturing represented by large aircrafts, large-scale power generation equipment, automobiles, high-speed trains, large ships, and large-scale complete sets of equipment will also enter important development directions. As a result, the use of high-strength fasteners will increase rapidly. In order to improve the product technology level, fastener enterprises must begin with equipment improvement and technology improvement, and carry out micro-transformation. No matter whether they are varieties or types, or consumer objects, they must all develop in a more diversified direction.

As long as we can reform the institutional and policy environment that is conducive to innovation and entrepreneurship, we must seize the opportunity that current fasteners in the world are facing big or small technological breakthroughs and give full play to their advantages and develop some internationally. Competitive competitive products are also entirely possible.