With the comprehensive deepening of reform and opening up, the competition in my country's fastener market has become more and more fierce. Many foreign companies continue to enter my country's market and take root in my country, making use of my country's cheap labor to produce their branded products to obtain better quality products. high profits.

Under such pressure, how to keep their products from being suppressed and develop better and better has become a big question for many companies. The lack of big Chinese brands is also a problem that needs to be dealt with by companies. So many companies are pouring into the Chinese market from foreign countries, which means that more fastener companies need to constantly break through themselves, so that their development will gradually become a company that can compete with the international market. Market-connected companies. Such back pressure is very helpful for the development of our fasteners.

It can be seen that many fasteners in our country are mainly lacking in big brands compared with these foreign-funded enterprises. This makes us less competitive in the fastener market. Therefore, our country adopts the familiar price war, but Because it is in China's fastener market. Therefore, the price war does not have many advantages for Chinese enterprises now, so the best way for our country is to create a big brand of high-strength screws, have their own creativity, and be able to integrate with international fasteners, so that the competition in the market will be reduced. will appear more powerful.

Intensive or refined growth mode is to allow technological progress and management efficiency improvement to play a leading role in the entire growth, and the result is an increase in added value and an increase in profits. Because, if it is to rely on investment, although the output increases, the cost also increases, which is unsustainable. The current problem is that the entrepreneurial environment and the government's management of technology education are considerably flawed.

As long as we can build a system and policy environment that is conducive to innovation and entrepreneurship through reform, we can significantly improve the technical level and added value level of China's fasteners in a not too long period of time. At present, the world's advanced fasteners are facing technological breakthroughs, big or small. If China's fasteners can seize this great opportunity, give full play to their advantages, and develop some internationally competitive products, it is also It's entirely possible.