China macro-economic will keep a rapid grow in next 3-5 years, as the same time, China fastener industry will also keep moving and grow stably. By experience, the assessment of fastener standard should be measured by market law but not by products yields, production speed and enterprises profits.
China fastener industry has been made a miracle in the past several years by rapid development. However, this kind of development only existed in a short time, it ever can be said it's a advance in this industry for those years. The development of fastener is not decided by our willing and enthusiasms and we must face much difficulties and risks of failure. As many experts point out that the situation of explosive development in China fastener industry in past time only existed in a special time and special conditions. China fastener market will keep an relative stable trend in a longer time after market's reasonable return.
China fastener industry has occupying an increasing component in international market. By speculate, fastener production worldwide is about 14 million tons at presently, of which China accounted for about 30%. With the world's industrial division of labor and manufacturing transfer situation, China fastener production will also increased, so, the risks behind the increasing also will become larger. Hence, we must keep calm and can not too impetuous when we face market law.
