Hardware Industry Development in the West

The western region has a vast area and its overall development is relatively backward. However, with the development of the western development policy and driven by key cities such as Chengdu, Xi’an and Chongqing, it also brought gratifying results to the development of the western hardware industry.

Western existing key hardware cities: Chengdu Jinfu Hardware & Electrical City, Wan Guan Hardware & Electrical City, Xi'an Weilan International Electromechanical Plaza, Ruiqiang Hardware Tools & Machinery Wholesale Market, Chongqing International Hardware & Electrical City, Chongqing Dazu Hardware City, etc People are concerned about.

According to analysis by industry experts, in the next five years, the western hardware and electromechanical industry will increase the proportion of the country by 3-5 percentage points, and the Western hardware and electromechanical industry will probably increase output value of 2-3 trillion yuan.

What are the advantages of western hardware development?
First, national policy support.
The Central Government made it clear that the country's strategy for the development of the west will not be shaken, the support for the west will not weaken, and the pace of economic and social development in the west will not slow down. In particular, in the future, the country’s long-term construction treasury bonds, budgetary investments, and special construction funds will continue to be tilted toward the western region. While continuing to strengthen the construction of key projects in the west and the construction of rural infrastructure, basic education and public health in the western region will be increased. Financial support for other social undertakings. Relatively speaking, the hardware market in western China is small and its grades are not high. The development of the hardware industry in the west has hidden huge business opportunities.

Second, the coastal hardware industry shifted to the west.
In recent days, there has been a “growth pay rise” in various places, especially in the coastal areas. “Rising pay” has become a popular vocabulary popular in the country, and the hardware industry is also facing the “rising tide” wave. The sparsely populated land and low labor costs are favorable and conditional, attracting a considerable number of labor-intensive and energy-intensive enterprises to transfer to the central and western regions. From the perspective of the national industrial layout, the shift of the hardware industry in the manufacturing industry to the western region not only conforms to the law of technological gradient transfer (coastal focus on high-tech industries, most of the hardware content of small hardware is suitable for western development), but also facilitates the upgrading of coastal industries. And drive the development of western manufacturing. Actively preparing for and actively undertaking the transfer of coastal industries is an important opportunity for accelerating the development of the western regions in the future.

Overall, the development of the Western Mould Machinery Industry is still in its infancy. The total scale is small and the quality is not high, but it indicates that the development space and potential are large. Each hardware company needs to seize the opportunity to open up a new sky in the west.