Wenzhou Fastener Industry Faces Second Start-up WenzhouisoneofthemostconcentratedareasoffastenerenterprisesinChina.Ithasdevelopedrapidlyinrecentyears.Atpresent,therearemorethan3000fastenerenterprisesinWenzhou,amongwhichtherearemorethan200enterprisesofupperscaleanduppergrade,withannualoutputofmorethan1milliontonsandannualoutputvalueofmorethan10billionyuan.However,therearelessthan30enterpriseswithannualincomeofmorethan100millionyuan.TheestablishmentofWenzhouFastenerIndustryAssociationinearlySeptember2005marksthemarketdevelopment,scaleandstrengthofWenzhouFastenerIndustry.However,thestrengthofWenzhoufastenersisfarfromthatofthemultinationalfirmswhichhaveenteredourcountry.ThegapoffastenerenterprisesinWenzhouismainlyreflectedinpoormanagement,backwardtechnologyandlowquality.Inaddition,thesmallscaleofenterprises,unstablematchingrelationship,lessinvestmentinR&D,lowproductdevelopmentcapacity,lowproducttechnologycontent,lowvalue-addedandsoonaretheurgentproblemstobesolvedbyWenzhoufastenerenterprises.Overtheyears,thesituationofWenzhoufastenersenterprisesinscattered,chaoticandsmallareashasnotbeenimproved.Atpresent,enterprisesarefacingmoreandmorepotentialcrises,someofwhicharesufferingfromsurvivalcrises.Duringthe11thFive-YearPlanperiod,theChinesefastenermarketwillbecomemorecruel.Wenzhoufastenersmustimprovethelevelofresearchanddevelopmentandmanufacturing,otherwise,itwillbesubjecttotheconstraintsofothersandweakenthecompetitivenessofthelocalfastenerindustry.ItisreportedthatsomeenterprisesinWenzhouhavetakenaction.Asresourcesbecomeincreasinglyscarce,manyenterprisesarereadytomoveouttosavecostsandincreasebenefits.Accordingtostatistics,122firmsinWenzhouhaveinvested550millionyuaninWannianCounty,JiangxiProvince,andbuiltaspecialindustrialparkforfasteners.Theannualproductioncapacityofpercapitastandardpartsofhardwarecanreach200,000tons.Fifty-sixfirmsinWenzhouhaveinvestedabout450millionyuanandsignedaformalcontractwithPoyangCounty,JiangxiProvince,markingthesuccessfultransferofWenzhou'sfastenerindustrytoPoyangCounty.Atpresent,thetotalinvestmentis1.16billionyuan,andtheindustrialparkhasbeenbuilt.

2018-12-04

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