Abstract: The National Development and Reform Commission has determined that in the preparation of the “Twelfth Five-Year Plan”, the preparation of emerging strategic industries will be the focus. These industries include new energy, energy conservation, environmental protection, electric vehicles, new materials, new medicines, etc. Promote the adjustment of economic structure and the development of strategic emerging industries, increase the use of new technologies to transform and upgrade traditional industries, increase investment in R&D, increase independent innovation, and accelerate the development of strategic emerging industries. For this reason, the old development model of the fastener industry is not sustainable, and the over-reliance on external demand and the development model of automobiles and real estate is increasingly difficult to sustain.

The State Development and Reform Commission has confirmed that the National Development and Reform Commission should take full advantage of the role of industry websites and promote industry information work. In the formulation of the “Twelfth Five-Year Plan”, the preparation of emerging strategic industries will be the focus. These industries include new energy sources, energy conservation and environmental protection, electric vehicles, and new materials. In the future, new medicine, etc., should focus on promoting economic restructuring and the development of strategic emerging industries, intensifying efforts to transform and upgrade traditional industries with new technologies, increase investment in R&D, increase independent innovation, and accelerate the development of strategic emerging industries. For this reason, the old development model of the fastener industry is not sustainable, and the over-reliance on external demand and the development model of automobiles and real estate is increasingly difficult to sustain.

Since the implementation of the package of the steady and rapid economic development of the Party Central Committee and the State Council this year, the policy effect has taken initial effect. The industrial growth rate has steadily increased and the difficulties in the production and operation of fastener enterprises have eased. However, from the current development status of the fastener industry, since 2009, a total of 19 countries (regions) have initiated 102 trade remedy investigations against China, involving a total amount of 11.68 billion yuan; trade remedy surveys involving more than 100 million yuan in value have included 17 from. Nearly 90% of China’s trade remedy investigations were initiated by G20 members. From January to August, G20 members launched 73 trade remedy investigations against China, an increase of 27% year-on-year, accounting for 90% of the total number of cases of China's trade remedy investigations in the same period. The amount involved amounted to approximately US$ 100.53 billion, accounting for China’s trade remedy investigation cases in the same period. 99.9% of the amount involved.

The operating environment of the fastener industry at present and in the coming period will be very severe, especially for the export of products and the operating performance of the enterprises. The various price-based competitions among various enterprises in the industry are also necessary. Will be unprecedented fierce.

In the “Adjustment and Revitalization Plan for the Equipment Manufacturing Industry”, the country has for the first time listed basic components including high-strength fasteners as an opportunity to enhance the manufacturing level of the four major supporting products. Nowadays, the fastener industry in China is currently undergoing transformation. From the middle to low-end products to the key process of high-end products, not only must adhere to the independent innovation road of resource-saving, environment-friendly, circular economy, constantly changing the economic growth mode of the fastener industry, but also need to introduce With advanced international technologies and equipment, various testing instruments have been added. The level of technology, technology, and equipment have been continuously improved, and the scientific and technological content of labor-intensive products has been continuously improved. In particular, while the country vigorously advocates energy-saving and emission-reduction and the development of a low-carbon economy, it is also inseparable from the improvement in the quality and grade of fastener products as a basic mechanical part.

Key fastener companies should become pioneers of technological innovation. Through the establishment of its own research and development and technological innovation institutions, the technology development system, which is a key link of technological innovation, will be brought into play to fundamentally improve the company’s own technological innovation capabilities. In order to solve the various limitations of its own resources, we should rationally allocate resources for innovation from the three aspects of human resources, material resources and material resources.

First of all, a high-quality scientific and technological team is the fundamental guarantee for the success of innovation in fastener companies. Recruiting and introducing various professional talents can enable the normal high-speed operation of research and development, production and sales of enterprises and their products, and better use of scientific and technological talents. The vitality, synergy and team spirit create higher economic benefits.

Secondly, continuous industrial upgrading and product replacement, and continuous adoption of domestic and foreign advanced equipment and technologies, continuous research and development of various types of materials required for fasteners, rational self-financing, and limited funds for new product development To increase investment in technology, skills, key equipment, etc. that are related to the cultivation of core competencies, we must pay attention to the timing of capital investment in order to bring about the quickest and best use of funds.

Thirdly, key fastener companies should strengthen technological innovation in production, raise the level of production technology, open a “bottleneck” that restricts the ability of enterprises to innovate products and the technological level of enterprises, apply new technologies in time to existing equipment in enterprises, and extend their technology. Lifetime, improve its performance, thus ensuring that the company's production is based on advanced material technology.

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