China's lock industry lacks core competitiveness
Release Time:
Jul 06,2023
The overall capacity of China's traditional lock market is about 700 billion. Manufacturers are mainly concentrated in Zhejiang, Guangdong, Shanghai and Shandong. In terms of category layout, Wenzhou, Zhejiang has formed a traffic lock manufacturing base. Under the direct leadership of governments at all levels and the enthusiastic service of various functional departments, it has gone through a unique development path.

The overall capacity of China's traditional lock market is about 700 billion. Manufacturers are mainly concentrated in Zhejiang, Guangdong, Shanghai and Shandong. In terms of category layout, Wenzhou, Zhejiang has formed a traffic lock manufacturing base. Under the direct leadership of governments at all levels and the enthusiastic service of various functional departments, it has gone through a unique development path.
The so-called feature is the cluster development method. At present, there are more than 500 lock making enterprises in Zhejiang, with many production enterprises and large output. This is the biggest feature of Zhejiang padlock industry. The rapid growth of the lock industry is particularly interesting.
China's lock industry lacks core competitiveness
However, the technology is backward, the product capacity is seriously overcapacity, there are many low-end products, and there are few high-end products. The product quality is unstable, and there is still a certain gap with developed countries. Lack of high standards, high efficiency, lack of core technology and independent intellectual property rights, lack of world advanced technology. In short, the brand lacks core competitiveness and international market leading ability, the enterprise structure is unreasonable, the product structure is unreasonable, and the leading role and demonstration leading role of the enterprise have not been fully exerted.
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