China Hardware Industry Output Expected to Reach RMB635 Billion in 2012

2012-03-09

According to the 21th China International Hardware Show news, China’s 2012 full year hardware industry output is expected to reach RMB635, up 15% compared to 2011. The industry experts point out that while the development of hardware enterprises depends on both the domestic trade and foreign trade, China’s foreign trade trend in 2012 is not very optimistic. Thus the industry has reached a consensus that they should not completely rely on the foreign demand. To date more and more hardware enterprise put an emphasis on the development of domestic market and this trend has also shown at China International Hardware Show.