With the increasing development of transportation and the development of culture and technology, the world is beginning to integrate into a big family.The competition of enterprises has also begun to go global.

In recent decades, the speed of development of our country's fasteners that has attracted the attention of the world has surprised developed countries, but also allowed them to discover a new type of large market, and multinational companies have flooded in.When domestic companies suddenly felt that it was so difficult to survive in the market, strong competitors had bloomed everywhere.

In recent years, the ratio of the import unit price of our fastener products to the export unit price has become larger and larger. In the past two years, the ratio has exceeded 8 times. In 2007, we used 56.95% of the foreign exchange earned from fastener exports to import fasteners that are only equivalent to 6.81% of the export volume. It can be seen that China's fastener industry is still a developing industry, large but not strong, and the gap with developed countries in the United States, Japan and Europe is large.

Therefore, our country's fasteners must further improve the level of technology, which has reached the international level.To improve the technical level of fastener companies, they must first start with equipment improvement and technological improvement to produce high-end fasteners to replace imported products.I believe that after the technical performance of various products reaches the level of imported products, domestic companies will not go far to import. This is a favorable trend for fastener companies in the current situation.