China's fastener business to develop high-end technologies to ride both at home and abroad -

In recent years, with the rapid development of China's mold industry, standardization, specialization and commercialization of mold parts, with higher levels, significant progress has also been made.

Fasteners around the pace of development in China, while in developed countries was surprised, so they found a new market, multinationals coming in succession. When domestic companies when you suddenly realize that survival in the market so hard, strong competitors are everywhere.

See China fastener exports most of the products are low-end products with a lower content of science and technology, relying primarily on competitive advantage of low prices to enter the international market. Under the premise of not understanding the target export markets, blind export, product focused on a few markets, low price, grab market share. If there is no core technology, from the perspective of the world Division of labor, China fastener businesses may increasingly be in the value chain of the lowest wage earners, highest value chain are occupied by someone else. We create fasteners and fasteners, we create value weight will increase.

The one hand, competition in the domestic market, more and more transnational corporations accelerated entry into China. After the adjustment of strategy on China, by virtue of its technological advantages, market to seize more and more market share in China, which makes the domestic fastener enterprises are facing increasing competitive pressure, survival environment has become increasingly severe. In this case, the anti-dumping investigations and prosecutions would easily befall China fastener companies.

Another challenge comes from the international market. Low cost Chinese fastener Enterprise disorder occurred during the export process, direct consequences almost two years of anti-dumping cases involving Chinese fastener business in emerging and Enterprise once lost, is discriminatory, extremely high anti-dumping duty rate will lose the cost advantage of Chinese products.

Those high technology, advanced structure, excellent performance, high quality, convenient replacement with personalized products, have been lacking. Therefore, each year need to be imported from abroad a considerable number of fasteners mould, China-made fasteners dies will be in areas such as technical standards, technology development, product quality, development and breakthroughs.