Home > News

China's Fastener Industry Needs To Take Advantage Of New Advantages To Achieve Sustainable Development

Aug. 19, 2019

Find here details of Hex Tap Screws and Square Headed Bolts

We are a professional China Highway Bolts Manufacturer. If you have any questions, feel free to contact us.

Square Headed Bolts

Square Headed Bolts

The machinery industry is the largest industrial sector in China.

At present, China's construction machinery sales and sales have surpassed the United States, Japan, and Germany to rank first in the world; China's construction machinery self-sufficiency rate has increased from about 70% in the fifteenth period to more than 80% today, gradually achieving Manufacturing to the creation of a leap. A large number of construction machinery products, including loaders, excavators, truck cranes, road rollers, forklifts, bulldozers, concrete machinery, etc., ranked first in the world, and China has become a real world construction machinery manufacturing country. The rapid development of the machinery industry and the huge market scale provide a broad space for the fastener industry.

The machinery industry is one of the main users of fasteners. Due to China's late understanding of the important position of mechanical basic parts in the machinery industry, long-term lack of investment has resulted in poor foundation, weak foundation and weak strength. In particular, with the improvement of the level of Chinese mainframes, the bottleneck of mechanical basic components behind the mainframe has become increasingly apparent.

Luo Baihui, secretary general of the International Association of Mould & Hardware Plastics Industry Suppliers, pointed out that in recent years, although the fastener industry has given certain support in technology introduction, technological transformation, scientific research and development, etc., it is in line with current market demand and foreign level. Compared with there is still a small gap, the specific performance is: low product variety, low level, unstable quality, high early failure rate and poor reliability.

Fasteners are the main basic parts of the machinery industry, and the development of the machinery industry places higher demands on fastener products. Luo Baihui believes that the current domestic standard fasteners have been oversupplied, while high-end fasteners are in short supply and rely on imports. With the improvement of national industrialization level and technological progress, the use of high-strength fasteners has gradually increased.

The basic parts represented by the fastener industry are not only the basic industries of China's equipment manufacturing industry, but also an important foundation in all fields of national economic construction. Luo Baihui pointed out that during the 12th Five-Year Plan period, while maintaining some cost advantages, the industry must rely on new advantages such as technological advancement, quality improvement and product cost performance to achieve sustainable development.

Recommended News
Subscribe our Newsletter