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Chinese hardware industry highlights the international competitive edge – China Sodium

by

Jerriqi

Hardware industry is a traditional and new and modern industries. Hardware products widely used in the past, people call it hardware, such as nails, scissors, wrench, tool what is, and we need time to shop can be bought several smoothly, no one how much these things as objects. But Do not look at these small metal products, and now has developed into a world influence of the largest industry.

1, hardware development in various categories With the development of the times, hardware toward personal wealth is that people can feel. Only a small lock, for example, before the family is just general household locks locks, bicycle locks, but with the motorcycle, automobile industry, high-end residential development, a number of companies to develop modern means of transport suitable for all kinds of motor lock, car lock, anti-theft security lock. Not only lock varieties has increased, and the integration of traditional products showed the trend of high-tech, electronic locks, fingerprint lock, and so one after another; traditional tools hardware, but also changed: garden tool to in-depth extension of a simple pruning twig of the scissors, step by step for the new development of family-and community-building manual, power tools, weeding machine, etc. replaced. According to statistics, China’s hardware products from the early 80s of last century, 40 kinds of products, less than 500 varieties, surge to the present more than 10,000 varieties, an increase of 20 times; product categories have also been the traditional daily-use hardware from the past, Architectural Hardware, tools, door hardware three categories increased, including shower rooms, gas appliances, range hood, kitchen equipment, cooking utensils and other 10 products. 2, hardware, enterprise economies of scale The number of enterprises in China hardware from the early 80’s to 50000 more than 2,000. Ultra-billion-scale enterprises from the ring in 1988 when the statistics, Zhang Koizumi, solid edge, the Great Wall Seiko, Wen Deng Wei Li, 14 enterprises, the rapid rise to the present more than 100. Today, the hardware scale enterprises are mostly owned by a modern factory. For example, 10000 and the company’s production workshop, the tall plant to natural light, modern style, both conducive to the production, but also environmentally friendly and completely get rid of the hardware business in the past in people’s minds, “small, poor, chaotic,” the backward image. In the coastal areas of Zhejiang, Guangdong, Jiangsu, Shanghai, Shandong and other places, has formed a number of characteristics of the economic industrial base, metal industry has become the backbone of local industry or focus on the development industry and hardware industry in the country have played an important role, such as Guangdong Xiaolan Town, Yuhuan County, Zhejiang Province has become China’s leading hardware production and export base; Yangjiang, Guangdong has become China’s largest production base of knives, scissors; Wenzhou, Zhejiang, was awarded the “Chinese locks are” title; Hebei Anping wire mesh industry base built , Asia 80% of the mesh from Anping. China’s hardware industry to an annual growth rate of 20% of steady development, the annual output value of 4,000 billion yuan, higher than the household appliances industry. Data show that exports of metal products in 2005 amounted to 30.512 billion U.S. dollars, year on year increase of 26.44%. China’s exports of light industry as a whole accounts for about 25% of the country’s total exports, hardware industry, light industry exports ranked the top three. Three, metal industry, highlights the international competitive edge In recent years, China’s hardware industry’s international competitiveness has been increasing. Our hardware products, trade specialization index (TSC Index) remained at between 0.78-0.85, and increased year by year, which shows that our hardware products, import and export trade status has been greatly improved, and the whole still in a relatively advantageous position . On the other hand, China’s comparative advantage index of metal manufactures (RCA index) is basically maintained at 0.8 to about 0.9, indicating that China’s hardware products with a moderate international competitiveness. But it should be noted that in recent years, China’s hardware products, RCA index showing a declining trend, mainly because of China’s hardware products are labor-intensive products, due to capital, technology and content is not high, in the international market more susceptible to the developed countries barriers to trade restrictions. Die 100-hui Luo, CEO pointed out that the view from the products and the enterprises themselves, and many hardware companies approach is a form of processing trade, technological innovation capability is not strong, which makes China’s hardware industry has insufficient capacity for competition in the international market gradually lost their advantage , in the future course of development, for the major comparative advantage of labor costs on hardware industry, at the same time weakening the comparative advantage will increasingly need to rely on and enhance their competitive edge to maintain and enhance the international competitiveness of the industry. According to Die 100-hui Luo, CEO survey said that at present China has formed the Pearl River Delta, Yangtze Delta and the Shandong Peninsula three hardware industry zone, Yongkang, Zhejiang appeared, Zhongshan Xiaolan, and Jiangsu Qidong other metal industry cluster. The development of China’s hardware industry cluster reveals eight major advantages: One is beneficial to the depth of the division of labor between enterprises and technological innovation. Every enterprise will be fully funding, focus on the most advantageous to do their part, that the enterprise’s core competencies, other related outsourcing to professional company to complete, each product is a summary of a number of core competence. Second, it helps to save transaction costs. Enterprises are faced with the nearest, a large number of raw materials suppliers and equipment suppliers can lower costs, higher demands, faster speed to purchase a variety of inputs, including raw materials, spare parts, machinery and equipment, the kinds of services and human resources. Thirdly, it is beneficial to industry and the professional market, pushing each other forward. Industrial cluster is conducive to the formation of the professional market, but also has a greater impact at home and abroad the professional market, both pro-business product sales, but also conducive to the information, and timely adjustment of product structure. Fourth, it helps to stimulate the sense of competition. The same kinds of products from a large number of production among enterprises will naturally compete, so as to continuously improve product quality and grade. 5 is conducive to Investment. Supporting industries within the industrial cluster system and perfect service system, starting a business with low entry costs and exit costs, not only conducive to attracting foreign direct investment, but also conducive to the cluster of enterprises within the domestic and international capital markets. 6 is conducive to governance “credit deficit disorder.” As the regional industry concentration, among many enterprises to know the root Zhidi, once late payments, forgery, and avoiding the debt and other dishonest acts, it will immediately at the local spread, promises difficult for enterprises to locally based, so the phenomenon of corporate dishonesty between low probability. 7, it helps to promote business innovation. A variety of the latest market, product and technical information gathered, coupled with frequent exchanges between a variety of information within the cluster to promote a greater chance of collision of innovative ideas. LAW 100-hui said the competition within the cluster, as well as personnel exchanges also makes businesses more intense desire to learn, easy to drive innovation in the whole industry. 8 is conducive to the creation of regional brands. Regional industrial advantages and product features are conducive to the formation of regional brand, brand high-impact areas to attract more outlets, suppliers, investors, and various talents. Thus further contributing to the prosperity of the upstream and downstream industries, the development of regional economy as a whole are very favorable.

The e-commerce company in China offers quality products such as China Sodium Tripolyphosphate , China Sodium Tripolyphosphate Industrial Grade, and more. For moreArticle Source: Chinese hardware industry highlights the international competitive edge – China Sodium

Envisioning myself lying on the sofa, maybe tucked into bed with the laptop on my lap and hot cup of coffee at my bedside. This is the kind of job I would love to do. I mean, just be a remote worker and live the best of your life.

These were my thoughts back in 2014 when I first came to know about teleworking. At that time, I was working as a full time employee in a Dallas web design company. Tired of 9 to 5 hustles, all I could imagine was comfort, coziness and freedom of work, without being bounded by rules, regulations and policies.

Although, remote working has its perks—for both employer and employee—still, that doesn’t mean that you can be indolent towards your tasks.

Contrary to popular belief, studies show that working from home makes you a better employee and you do twice the work that you would do while working in a traditional office environment.

Certainly, from better productivity to increased gratification, remote work brings betterment to your lifestyle by redefining the way you work. In fact, remote working is no less than a boon for the employees who love to stay at home and are reluctant to go through the hassles of everyday commute.

They deliver their best and emerge as a great resource when they are not being bothered by 9 to 5 struggles.

Here are a few reasons why telecommuting makes you a better resource and how it brings the best out of you.

1. Increased Productivity

Long gone are the days when remote working was deemed as an employee perk. Owing to the cultural and technological development over the last 2 decades; workplace has experienced an immense paradigm shift. Hence, the idea of remote working has been shifted from a rare perk to productivity boost for employees.

In the present era, employees willingly turn towards remote work as they find it one of the best ways to haul out their maximum potential, which enables them to give their best without having any pressure of fitting in.

To prove the efficacy of working remotely, Stanford professor Nicholas Bloom conducted a study in collaboration with a Chinese Travel Company Ctrip. Considering the super expensive office space and strenuous commutes, James Liang, CEO of Ctrip, was willing to give their employees mobile work option. Bloom formulated a quantitative test whereby 500 employees were divided into two groups; half of them continued working at HQ while half of them worked from home. The two-year study showed an astounding boost in productivity of the teleworkers as compared to those who were working at the office. The study proved that telecommuters work a true full shift or even more.

“Ctrip’s Study proved that telecommuters work a true full shift or even more.”

2. Less Commute More Energy

An average person spends 60 to 80 minutes of their precious time commuting. According to a study, people feel stressed due to arduous everyday commutes and two-thirds of employees start hunting another job to ease the commute. By eliminating the amount of time spent every day getting to and from work could result in increased energy levels and productivity.

If the employee has to take an hour-long train ride or they spend half an hour coping with the rush hour traffic, odds are thin of them getting to the work all energetic and ready for the day.

On the contrary, when you work from home, you start fresh with higher morale. Other than that, the reduction of daily travel enables you to save the cost you spend on fares and fuel. So it’s more like hitting two birds with one stone.

3. Reduced Attrition Rate

According to a study, losing a valuable resource could cost the employer over $30,000. While recruiting and training a new employee could cost even more. Flexible working and telecommuting is known to help reduce workforce attrition; eventually, it helps companies save time, money and effort spent on hiring and training procedures.

Ctrip experiment proved that the employees who were working from home were observed with 50% less attrition and fewer sick leaves as compared to those who were working in a traditional workplace setting. Also, the company saved $2,000 by saving the cost on per employee’s office space. All in all, remote work opportunities result in reduced employee turnovers and attrition by 25 to 50%.

4. Improved Health and Happiness

If you compromise on your personal wellbeing, you would never be able to be fully productive and beneficial to your company. Sense of fulfillment is key when it comes to workplace satisfaction. Contrary to popular belief, fulfillment is not only about being paid a hefty amount every month, there is a lot more to it than this.

Believe it or not, people have had enough of the everyday rat-race, they just want to take control of their lives and are eager to find a balance between work and life. Flexible workplace gives them the liberty to prioritize things while maintaining the order of what should be done when as per their convenience.

Teleworking allows you to lead a lifestyle where you are in charge of putting things in order as you can mold schedules. In a nutshell, it allows you to live a life where you can earn well and live well, simultaneously.

“Teleworking enables you to live a life where you can earn well and live well, simultaneously.”

Conclusion

Putting it together, over the past few years, teleworking has gone beyond being just a trend or a privilege. Unsettling the rules of the traditional workplace, it’s been morphed into a norm and a way of life, which is here to stay. From employee retention to decreased attrition and improved personal wellbeing, there are several benefits that remote works allows you to take advantage of.

It’s time for you to start your journey as a remote worker and discover what you’ve been missing out on.

By Chris Andrews

As the Eurozone crisis continues to threaten fiscal unity, British economy suffers as a result of the rippling effects caused by the potential Greek bailout; leaving mortgage rates rising, lending at an all-time low and fifteen of the worlds biggest banks downgraded, three of which are Britains principal firms.

The ripples are indeed devastating and have left Britains businesses, big and small, crippled with debt, with one question left unanswered; is the British business sector going to continue upon the downhill spiral or will it ever manage to see a boost?

In the first quarter of 2012 it was revealed that an astonishing 670 UK businesses had gone bust as the country slumped into a double dip recession and despite continuing please from retail specialists that SME businesses required assistance with commercial mortgages; the government failed to take action. The continuing EU crisis has indeed had a phenomenally negative effect on the UK business market as banks and lenders across the country tighten the reigns of over lending restriction and remain reluctant to extend credit to struggling businessesit is hard to see a way out.

There have been numerous high profile casualties at the height of the double dip recession and as a result of the EU power members failing to find common ground it seems as though the struggle is set to continue as fiscal unity reaches breaking point however all may not be lost.

In June it was announced that the Bank of England will finally breathe life into the economy with an unconfirmed cash stimulus injection designed to assist business mortgage and home mortgage owners by enabling banks to ease their lending restrictions. The plan aims to, over the coming months, inject Britains struggling banks with an unknown stimulus sum on the basis that mortgage rates are lowered and an increasing number of small business are offered commercial mortgage and business loans. Alongside the cash stimulus, the Bank of England has also introduced a 5billion lending scheme that will see it auction off a 5billion injection to one bank a month beginning from July on the basis that the winning bank substantially lower interest rates.

The past few years have been a struggle for the overall British economy and the business sector however in wake of the ever deepening EU crisis; Chancellor Osborne and the monetary committee have finally begun to prove that Britain is strong, can with stand and come out the other end.

Many may argue that the British business sector has suffered far too much to ever fully recover and one cannot help but agree. Such action should have been taken in immediate wake of disaster and indeed it was in the form of quantitive easing (QE) although it did create a level of ease on the economy it did not have the ultimate effect on British economy as saver rates were hit severely, small businesses were continuously denied loans and struggling businesses failed to see credit extended. The monetary committee have decided to take further action, despite the threat facing savers, by beginning the next batch of quantitive easing with a reported 50billion to be injected into the economy.

Unlike our struggling EU Partners; Britain has the means to stand tall however as with all difficult tasks; nothing is achieved with ease, in fact this is the most danger our economy has faced in a long time which means escape will be far from easy. Only time will tell whether Britain will return to former glory however with continuing efforts, governmental support and monetary aid we have a good a chance as any.

About the Author: I have spent over twenty years working in the finance sector, advising those with business or personal financial needs on the right financial path to take, whether it is a home or

commercial mortgage

or

loans

. I go against the stuffy financial image by being a bit wild! I am an avid rock climber and love to scale the worlds greatest buildings!

Source:

isnare.com

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