China Hardware Field Lacks Competitiveness
China is a big manufacturing and exporting country in the industry of hardware and tools. Most of the electric tools sold in the world are made in China and then exported to foreign countries. China has become the world’s major supplier of electric tools. The industrial technology of hardware and tools is lack of creative capacity. With simple market structures, weak brand impacts and other factors, many hardware manufacturers are wanting in core competitiveness. In spite of development...