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China Hardware

Jul 28, 2023 Leave a message

China's hardware industry through the hard work, finally in recent years frequently ushered in good news, exciting. After ten years of bloody struggle, the hardware industry has experienced ups and downs, truly become a hardware country, and proudly standing in the international market, facing a stage of gold development.
800 billion yuan and 1 trillion yuan of sales, so that after 10 years of struggle and leap development of China's hardware, deserved to be listed as a world-class manufacturing power sequence, and with the pace of transformation and upgrading, innovation and development, is moving towards creating a powerful country. Experts believe that this data is full of Chinese hardware 10 years of struggle and upgrade history. Creating this historical miracle is the 99% of private enterprises in China's hardware industry, which have successfully transitioned from family, collective and state-owned enterprises to modern enterprise system and successfully turned into private enterprises. After the reform and opening up, the hardware industry has absorbed more private capital into the past, from the planned economy period of the state limited funds investment fixed-point distribution of factories, to the present civil consumer goods competition in the field of state retreat, until private capital dominates.
In the past 10 years, the small-scale individual family enterprise system of earlier years, and those collective and state-owned enterprises that have lost their viability due to the constraints of the system, are no longer suitable for the development of the new situation. How do hardware companies break the shackles and stride forward again? It is the same major issue facing enterprises in other manufacturing industries across the country. The answer is to find a way out through privatization and introduce a modern corporate system.

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