The scale of the hardware industry has expanded steadily and steadily year by year.

The hardware product industry is an important part of China's light industry, and it is a sunrise industry that has ample market competition and is closely related to people's lives. More than 99% of the enterprises in the industry are privately-owned small and medium-sized enterprises, mainly located in Guangdong, Zhejiang, Jiangsu, Shanghai, Fujian, Shandong, Hebei and other provinces and cities.

At present, the output of many hardware products in China ranks first in the world. Lighters, zippers, insulated cups, wrenches, pliers, zippers, knife and scissors all occupy a very large share in the global market, and their impact on the world's hardware industry is increasing. At present, there are more than 220 countries and regions in the world with the presence of Chinese hardware products, and China’s position as a major producer of hardware products has been established.

According to industry survey data, the total output value of the hardware products industry has reached 800 billion yuan, and maintained a growth rate of more than 15% from 2005 to 2008, of which the entire industry exports reached 50.3 billion US dollars in 2008, accounting for about 40% of the industry's total output value - 50%, in addition to the 7% increase in 2007, has been maintained at a rapid growth of 20%-30%.

However, since the fourth quarter of 2008, the century-long global financial crisis has had a huge impact on export-oriented companies. Overnight, export orders “disappeared.” Some of the signed export contracts were even paid down, and were also returned on various excuses. Tools hardware, construction hardware, locks, knife and scissors, zippers and other industries are most affected by this crisis. Some people say that this is a battle without gun smoke, there is no real enemy in this battle, the real opponent is himself. Because many of our export companies are OEM-based and do not have their own brands and sales channels, our weaknesses have been fully exposed in this financial crisis.

The year 2009 was a year in which the development of the industry was more difficult and the competition was fierce. Exports decreased by 20.4% compared with the same period of the previous year, and the exports of ten categories of statistics all fell in different degrees. This is unprecedented in history. Happening. In 2009, the total amount of imports was US$13.817 billion, which also fell by 7.5%. However, the growth among them was: faucets, gardening industry, safes, lighters, cooking utensils, kitchen equipment. This fully illustrates the increase in demand for the above products in the domestic market. However, it is worth noting that, after the third quarter of 2009, the export situation gradually improved, and many companies took the opportunity to wash the unfavorable situation of exports in the first half of the year, to a certain extent, reducing losses and enhancing confidence.

According to the 2010 customs import and export statistics, the total export value of hardware products in the first half of the year was 26.396 billion U.S. dollars, up 33.2% year-on-year, and imports were 7.984 billion U.S. dollars, up 25.1% year-on-year.

The analysis of the output of some hardware products provided by the National Bureau of Statistics during the first half of this year showed that the output of locks was 850 million, an increase of 17.5% year-on-year; the output of domestic gas stoves was 12,588,000, an increase of 5.8%; the output of domestic gas water heaters was 6,868,000, an increase from the same period of last year. 63.6%. The output of household range hoods was 8.305 million units, an increase of 34.7% year-on-year; the daily output of stainless steel products was 1.10.5 million tons, an increase of 51.4% year-on-year.

The data shows once again that after experiencing the decline in 2008, the current foreign trade shows a recovery growth, and domestic sales also show a very active development trend.