China’s hardware locks industry growth rate of 15% per annum

In recent years, China’s hardware locks industry growth rate of 15% per annum, stable development, the annual output value has reached more than 180 billion yuan, exports amounted to Door bolt manufacturer more than $ 8 billion. About 1/3 of the exports of light industry in China, arranged in the top three of light industry. The facts show that China’s hardware industry, at least 95% of private enterprises, private enterprises have also become the main force in the development of hardware locks industry. American and European countries due to the international market of hardware locks, production technology, rapid development and labor prices, ordinary Zinc Plated Barrel Bolt products switch to production by the developing countries, only the production of high value-added products, while China has a strong market labor, become a Hardware lock industry export processing power. Many enterprise hardware locks, the survival and development of small and medium private enterprises become the key to the industry healthy development.

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