China's hardware industry

The Chinese hardware industry is a manufacturing branch that mainly uses metal materials as raw materials and produces metal components such as tools, building accessories, and daily necessities through forging, casting, stamping and other processes. The products cover basic categories such as building hardware, tool hardware, and daily hardware. The industry has formed three major industrial clusters in the Yangtze River Delta, the Pearl River Delta and the Beijing-Tianjin-Hebei region, accounting for more than 30% of the global market share. By 2024, the market size will reach 115 billion yuan, with an average annual growth rate of 6.2%. The total volume of foreign trade imports and exports is expected to reach 210 billion US dollars by 2025.
This industry is showing a trend of intelligent and automated transformation. Enterprises are applying advanced processes such as laser welding and 3D printing, and developing digital intelligent tools and environmentally friendly production technologies. The state has included metal processing in the construction of advanced manufacturing clusters during the 14th Five-Year Plan period, with a focus on developing precision forming and lightweight material processing technologies. Among the approximately 30,000 manufacturing enterprises across the country, large-scale enterprises account for 2.2%. Some enterprises have achieved intelligent manufacturing through industrial Internet platforms and established MES system traceability and standardized production systems. The industry is simultaneously promoting the construction of e-commerce platforms, forming a global development model of "technology output + standard setting"