The annual output value of China's hardware industry has exceeded 1 trillion yuan. By the end of 2013, the total import and export volume of the hardware industry had exceeded 100 billion US dollars, and the number of enterprises above the scale of the industry reached 40,000.
Shi Lanlan, chairman of the 5th China Council of Hardware Products Association, said that the council will continue to lead the industry to accelerate transformation, with a focus on guiding the industry to adjust, transform, upgrade, innovate, high quality, energy saving, environmental protection and safety. Promote the intensive development of the industry and vigorously promote independent innovation and brand building.