Electrical Thermal Actuator Ningbo Safewell Plumbing Co., Ltd. , https://www.safewellbrass.com
The recent hardware industry summit has highlighted a fresh wave of opportunities for the decorative hardware sector. How can we approach these opportunities with confidence and clarity? Jiuzheng Building Materials Co., Ltd. has launched a discussion on “Opportunity and Challenge,†offering personal insights and reflections. We encourage everyone to share their thoughts, opinions, and suggestions on the future direction of the decorative hardware industry.
Currently, the Chinese decorative hardware industry is a complex and fast-growing sector. With its wide range of applications and rapid development, it holds significant potential for growth. In short, the industry is intricate but full of promise.
First, China’s economy is undergoing structural adjustments rather than cyclical fluctuations. Recent data suggests that the economic outlook isn’t very encouraging. Domestic economic indicators are weak, and growth remains sluggish. However, this isn’t a temporary cycle—it’s a deeper structural transformation. Addressing these structural issues requires sustained efforts, and the focus, intensity, and speed of these adjustments will directly impact economic recovery. For decorative hardware companies, adapting mentally to these challenges is essential. What matters most is staying true to your core values and persisting through difficulties. Only by doing so can businesses maintain their position in a tough environment. Companies that remain resilient are truly unstoppable.
Second, while the decorative hardware industry is growing rapidly, it also faces serious challenges. Over the past decade, China’s decorative hardware sector has experienced unprecedented growth, driven by government policies and quality standards. But as the market expands, so do the problems. These emerging issues serve as a reminder that we must pay close attention to the sustainability and long-term health of the industry.
What are the main obstacles to the industry’s development? According to Jiuzheng Building Materials Co., Ltd., innovation is the key issue. The Chinese decorative hardware industry lacks originality and creativity. There's a common saying that China has spent the last 30 years following the path that Western countries took over 200 years. In other words, we’ve been imitating rather than innovating. From a technical standpoint, when others develop new technologies, we often just adopt them or make minor changes without real innovation.
Most of China’s decorative hardware companies operate within an imitation-based model rather than an innovation-driven one. We take ideas that have already been established in the West and implement them without adding value or creating something new. This approach won’t lead to sustainable growth. We need to foster a culture of innovation and take bold steps forward. We should not blindly copy foreign technology; instead, we must plan strategically and think ahead. Let’s look forward to a new era for the Chinese decorative hardware industry—one built on creativity, vision, and long-term success.