China Hardware Fair Boosts Hardware Industrial Cluster

China Hardware Fair has grown up with the rapid development of the hardware industry and hardware market. It has been 18 years since 1996, when the fair was initially held. There were 100 stands and 100,000 participators in the first China hardware Fair, and the turnover was 589,000,000 Yuan. Currently, the turnover witnesses double-digit growth each year. China Hardware Fair has not only boosted the local hardware industrial cluster's economic policy of opening up to the outside world, but has also led Yongkang to quickly develop into "China Hardware City"; namely, it has driven the rapid development of the regional economy.

After eighteen years' growth and development, Yongkang has become the biggest hardware manufacturing base and specialized market in China. Depending on the key hardware manufacturing base and export base—Yongkang, Zhejiang, as well as the biggest hardware entrepot in China, China Hardware Fair is developing rapidly. The Fair's expansion has provided the biggest platform for enterprises aimed at the domestic market. The continual growth of this platform has brought the biggest opportunities for enterprises in China's domestic market, enriched Yongkang's industrial cluster, improved industry chains, and helped Yongkang's economy soar.

Recently news came that Yongkang has been granted with the title of "City of Kitchenware" by China National Hardware Association. According to iAbrasive, this is another regional brand of Yongkang after "City of Hardware," "City of Doors," "City of Electric Power Tools," etc. It thus appears that the industrial cluster effect is obvious in Yongkang. With the continual growth of Yongkang's hardware industry, it has spread to neighboring cities and counties, and has formed an industrial cluster that has been honored as a modern industrial cluster transformation demonstration plot by the Zhejiang municipal government.

In 2011, the 16th China Hardware Fair was held successfully in the new international exhibition center. The fair signified a new starting point. The official application of the international exhibition center has provided more development room for Yongkang's conference and exhibition industry. Yongkang hardware industrial cluster is a significant decision of economic layout adjustment and development modes transformation.

Depending on the China Hardware Fair, since 2012, the hardware industrial cluster demonstration plot has been striving to overcome all kinds of disadvantages and obstacles, and achieve the stable growth of industrial production, the improvement of enterprise efficiency, the acceleration of structure adjustment, and the advancement of industry transformation. At present, the hardware industry cluster effect is obvious and an improved industry chain has been formed. This industry cluster covers far and wide.