The hardware industry needs to focus on these priorities this year

In 2022, the focus of enterprises is to reasonably and correctly judge the future situation under the increasing uncertainty of the external socio-economic environment to ensure the steady development of enterprises.

The 2021 Central Economic Conference pointed out that under the impact of the global epidemic, the complex and severe external environment and uncertainty are increasing, but the long-term good fundamentals of China's economy will not change. From the perspective of the hardware industry, stable exports and promotion of domestic sales are the prerequisites for the industry to maintain stable operation. Adhering to innovation, high standards, high quality and high efficiency, broadening channels and building brands is the only way to sustainable development.

Consolidate and strengthen traditional export advantages and actively expand emerging markets. In 2020 and 2021, the hardware products industry exports experienced a shift from bottom to recovery growth to retaliatory growth. However, since 2021, due to the sharp rise in raw materials, the profit level has fallen sharply compared with 2020, and the company has fallen into a situation where orders have increased sharply but profits are meager or even unprofitable.

On January 2022, 1, the Regional Comprehensive Economic Partnership (RCEP) came into force. As a modern, comprehensive, high-level and mutually beneficial free economic and trade agreement covering 1.29% of the world's population and 7.28% of GDP, the birth of the largest free trade area will inject new momentum and new growth opportunities into the Asia-Pacific region and the global economy. It will also further release the advantages of China's hardware manufacturing industry. Industry enterprises must seize this major opportunity and actively seek new breakthroughs and growth points.