Recent studies have found that the cabinet industry is currently entering a new stage of transformation and upgrading of the top quality and the upper level. During this process, it has clearly demonstrated that the production capacity is in excess, the scale expansion space is significantly compressed, and the expansion of investment and volume increase by extensional development. The road can no longer meet the characteristics of the development requirements of the new stage. Din934 Hex Nut,Hex Nuts,M4 Hex Nuts,M6 Hex Nuts Chuangtuo Jinggong (Jiangsu) Co., LTD , https://www.chtofastener.com
Since the end of the reform and opening up phase of the catch-up development stage, the cabinet manufacturing industry has achieved extraordinary development through the large-scale introduction of foreign advanced technology and equipment, and has completed the path of advanced countries for many years. One important reason is that we can use ready-made technologies and management to make full use of our advantages in the future and promote the rapid increase of production factors. With the completion of the catch-up phase of development, the available foreign ready-made technology space is compressed, and the general level of technology and equipment can no longer meet the needs of the new phase. What is urgently needed is often the technology involving advanced countries' competitive advantages. It is difficult to introduce technological equipment. Increased.
The slowdown in growth of the industry is an inevitable new stage. The slowdown in the growth of the cabinet industry is inevitable. At present, China’s per capita GDP exceeds US$6,000 and it ranks among middle-income countries. It is striding over what economists call “middle-income traps,†and it is also the time for the peak of industrial product growth. It is inevitable that the growth rate will slow down. The cabinet industry must have sufficient ideological preparations and calm understanding. Do not imagine the return of ultra-high speed development, change the mindset of ultra-high speed development, and devote energy to structural adjustment and industrial upgrading, and keep a foothold on accelerating quantities. The main guides the transformation of quality and efficiency.
From the source to avoid overcapacity analysis of the reasons for overcapacity, we can see that lack of innovation ability, blindly follow the trend and imitation, low-level redundant construction, homogeneity is an important reason. At the same time, it should also be noted that excess capacity is both the result of market competition and the inevitable performance of industries entering maturity from maturity. The essence is that supply capacity does not meet market demand, and the level of supply is urgently required to be upgraded.
The historical experience of economic development proves that the growth of domestic demand for industrialization of manufacturing industry will gradually become smaller with the completion of catch-up development. The peak value and aggregate growth of industrial products are closely linked with the stage of economic development, that is, the per capita GDP level. At present, the level of per capita GDP in China is close to the critical point of the peak period of the growth of industrial products. This pattern will also be verified in the cabinet industry and is a manifestation of regularity. The cabinet industry should carefully analyze the causes of overcapacity, including deep-rooted reasons, achieve scientific and rational investment, prevent blindness, improve access barriers, and avoid new excess production capacity from the source.