By , 2008-03-08 12:00:00
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"According to some experts, Chinese fastener industry should regard technology and service cost as its core values, and the private enterprises, which boast the advantages of low cost and swift action, also can attach themselves to the reconstruction of the whole industry."
Featured with most fastener companies scattering all over the country, Chinese fastener industry is far from perfect. In recent years, the manufacturing capacity of our fasteners is improved, and what¡¯s more, some companies are enlisted as partner by global buyers, but, the entire situation is not changed fundamentally, with the convergence of market remaining low and industry layout dispersing.
Against the background of economic globalization, resource internationalization and regional economic integration, the domestic fastener companies enter the arena of competition with their foreign counterparts. In this arm-wrestle, which is unfair at the beginning, if we still don¡¯t push forward integration among domestic fastener companies, we will be manufacturing base of low added-value products for multinational giants. In certain way, only cooperation leads to win-win business, which, together with the shared market, can make the complete industrial chain improved.
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