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In 2010, we were truely concerned about the hardware industry as a bystander sometimes, with all those major events.  Recelecting the hardware industry as a whole dynamic panorama in 2010, it can be described as twists and turns. This year, Chinese hardware industry has experienced some impacts including anti-dumping, export to domestic sales, salary increase flows, lack of work shortage, brand warfare, and a series of storms. But thanks to the "Eleventh Five-Year blueprint", hardware industry go through an active self-construction, on the whole, towarding the better and faster development.

While looking back at 2010, we also overlook 2011. The trend of Chinese hardware industry is as follows:

1. Power Tools:
In the global sales of power tools, the enormous majority of production and exports are from China, which has become the world`s leading power tool suppliers.

2. Hand Tools:
Most domestic companies are specialized in hand tools low-end products, or OEM as compared with those high-end products and brand products which are still dominated by European and American countries. Because the profit space are compressed, downward movement dwindling, companies only depend on price competition, which is difficult to establish core competencies. A new path of development should be explored.

3. Fastener:
Automotive fastener market competition becoming intense than ever, times having changed, companies of Chinese automotive fasteners entering to core project of "quality, brand, variety". In addition, ideal, high quality, high goals should be serious treated in the highly profitable automotive fasteners manufacturing to be a breakthrough.