China is a big country of fastener production, there are more than 7000 fastener enterprises in China. China's fastener production has been ranked first in the world for many years, but most of the fastener products produced in China are of low strength low grade. In 2011, the development of China's fastener industry has attracted much attention. Under the good situation of global economic integration, China's fastener industry has the opportunity to seize the adjustment period of the market to improve the quality of domestic fastener products strengthen the development of products.

Mechanical industry analysts pointed out: at present, China's fastener industry development presents three trends.

First, fastener enterprises will present cluster development. That is to gather the fastener enterprises of adjacent enterprises together, take the lead of local Fastener Association, win the competitive advantage through continuous innovation. Small medium-sized private enterprises with characteristics play an important role in the clustering of fastener products. They rely on leading enterprises for OEM production. in the special field both competition cooperation, gradually forming the industrial chain.

Second, informatization. With the further expansion of the market competition of fastener enterprises, the emergence of the management idea of how to effectively use manage the overall resources of enterprises appears, the enterprise information comes into being. Through the ERP computer network system, the enterprise logistics, capital flow, information flow of integrated management, its core idea is to achieve the "supply chain" management. To grasp the pulse of market demand in real time accurately, to support enterprise group cross-border operation, its main purpose is to fully allocate balance the resources in all aspects of the enterprise, which is suitable for the requirements of global economic integration, diversified customer demand, shortened product production cycle fierce market competition. This makes the enterprise in the fierce market competition to give full play to the potential of the enterprise, so that the enterprise can obtain better economic benefits.

Third, service. Nowadays, the number of fastener enterprises is huge, the enterprises consider the whole life cycle of products, which reflects the spirit of serving customers society in an all-round way. With the advent of global economy, fastener enterprises in China are are going to be transformed into "service industry" information industry to a certain extent.

According to the "2011 China mechanical fastener market analysis Investment Value Research Report", the fastener industry in China presents the trend of clustering, informatization service, which is very conducive to the rapid development of the industry