China's hardware industry is undergoing a significant transformation, shifting from "Made in China" to "Created in China." This evolution was highlighted at the 23rd China International Hardware Fair, where industry leaders shared insights on the sector's global growth. After years of development, China's hardware manufacturing has now reached the forefront of the global market, with many companies not only achieving strong financial performance but also becoming key players on the international stage.
Industry experts predict that the output value of the Chinese hardware industry will reach 730 billion yuan in 2013, marking a 15% increase compared to the previous year. The 23rd China International Hardware Fair took place in Shanghai from March 12 to 14, 2013, and this event has been held for 22 consecutive years, solidifying its reputation as one of the most important gatherings in the industry.
According to recent reports, the traditional distribution model of the Chinese hardware industry involves overlapping channels between circulation and retail. However, with the emergence of new sales platforms, hardware manufacturers are rethinking their relationships with traditional agents and distributors. Many are now focusing on building more efficient and flexible partnerships. As a result, e-commerce platforms have become a dominant force in the industry’s future direction.
The domestic hardware tools market is concentrated mainly in provinces such as Zhejiang, Jiangsu, Shanghai, and Guangdong, with Zhejiang and Guangdong standing out as the most dynamic regions. These areas are known for their vibrant manufacturing ecosystems and strong export capabilities. As the industry continues to evolve, innovation and digital integration will play a crucial role in maintaining China's competitive edge in the global market.More Products
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