In recent years, China's hardware industry has grown steadily due to three factors:

First, the quality of practitioners has generally improved. In recent years, the quality of practitioners in the hardware industry has generally improved. For example, the head of the China Hardware City, the nation’s largest hardware market to be built in Beijing, has many doctoral and postdoctoral people.

Second, the level of technology and management has generally improved. As for the hardware industry's technology and management level, it has been greatly improved. Some domestic enterprises began to introduce foreign advanced technology and management experience in the early years. Many companies already have a fairly high level of technology and management.

Third, the development of the industry has entered a stage of change. At present, it is the stage for the upgrading of China's hardware products, from the mid-to-low end to the over-production of high-end products. This is very beneficial to the development of the Chinese hardware industry. In the process of shifting the production of foreign products to the domestic market, it will inevitably bring along some advanced foreign production processes and management models including raw materials.

Finally, there is a great demand for hardware parts and components. After more than ten years of accumulation and steadily increasing, China's hardware industry is now the world's largest producer, and its exports have steadily increased each year. The annual export of China's hardware industry is growing at a rate of around 8%. Last year, the export volume of hardware products exceeded US$5 billion, ranking third in the export ranking of light industry.

Due to the increase in the level of Chinese hardware manufacturing and the expansion of production capacity, it is expected that China's hardware products will maintain a steady growth of more than 10% per year within the next five years. In the first 10 months, the import and export volume of hardware and electromechanical products in China exceeded 500 billion U.S. dollars. The surplus further expanded, totaling 7.06 billion U.S. dollars, accounting for 64% of the national trade surplus for the same period.