Expansion screws are the common term for fasteners, spoken daily. Expansion screws are a common invention in people's life and production for thousands of years. According to the application field, it is the largest invention of mankind. Here we look at the development trend of expansion screws in China:
Since the "15th Five-year Plan" of the fastener industry proposed, the advanced level of production technology is an important guarantee for the company's core competitiveness, which led to the prosperity of the fastener manufacturing industry. The annual fastener expo in Beijing, Shanghai, Ningbo and Chongqing attracts people from all over the world and also activates most of the internationally renowned companies to set up wholly-owned and joint venture companies in China. Because China has a vast territory, many companies, and an unlimited market, there are still many companies that have not yet awakened and are in a relatively backward state. Once they realize that updating equipment is of great importance to the enterprise, when the funds are accumulated to a certain extent, they will inevitably invest in the technical reform boom. Come in. Therefore, the current trend of a large number of new equipment purchased by the fastener industry is in the ascendant. It is estimated that this trend will continue for 3 to 5 years.
After more than two decades of reform and opening up, China's fastener industry has achieved remarkable results. In 2006, the annual growth rate of the fastener industry in China reached 14%, and the export of fasteners increased by more than 30%. China's fastener production has ranked first in the world for many years. China's fastener manufacturing position is also on the rise in the value chain of the global division of labor. China's fastener products have spread all over the world. From developed countries in Europe and the United States to developing countries in Asia, Africa and Latin America, "Made in China" fasteners can be seen everywhere. Double-digit growth rates have been maintained for many years.
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