The gap between China's hardware industry and developed countries

Despite the rapid development of China's hardware and electrical machinery industry since the reform and opening up, the results have been abundant. However, if China's hardware and electronic machinery industries are placed in the context of the global hardware and electronic machinery industry, it is not difficult to see that the proportion of China’s hardware and electronic machinery industry in the world is incompatible with China’s position as a hardware and electromechanically-producing country.

In the hardware industry, with a view to the world, in all economically developed countries, the hardware and electromechanical industries are inevitably developed. Throughout the country, all the economically developed provinces and cities, the hardware and electronic machinery industry is equally developed.

Hardware and electromechanical industry is a traditional industry that involves people's daily life. At the same time, the hardware and electromechanical industry is a basic industry that equips other industries and is therefore the pillar industry of the national economy.

According to the CEO of the Global Manufacturers Group, “The gap in China is not only reflected in the brand, but also in the scale of the company. This year’s world top 500 machinery companies in the top 10 in China are not selected, and only nine of the top 100 Chinese companies.

The threshold for China's machinery top 500 is US$30 million, while the threshold for the top 500 machinery companies in the world is US$2 billion. "In this year's "World Machinery 500", the United States ranked first in 126 households, 124 in Japan, and 77 in China.

Despite the rapid development of China's hardware and electrical machinery industry since the reform and opening up, the results have been abundant. However, if China's hardware and electronic machinery industries are placed in the context of the global hardware and electronic machinery industry, it is not difficult to see that the proportion of China’s hardware and electronic machinery industry in the world is incompatible with China’s position as a hardware and electromechanically-producing country.