In the 1990s, after more than ten years of reform and opening up, the hardware industry has shown a trend of rapid development. The ownership of enterprises has begun to be transformed into private enterprises, and the company's location has begun to market in Guangdong, Zhejiang, Jiangsu, Shanghai, and Shandong. The regions with earlier economic development are concentrated. The governments of these regions have begun to realize that the development of characteristic industries is beneficial to the government to increase fiscal revenue, is beneficial to the optimization of the industrial structure, is beneficial to the employment and income of local residents, and is beneficial to the sound development of the regional economy. Therefore, it has made great efforts to build a characteristic industrial base.
After more than 30 years of development, China's hardware industry base has become the main driving force for economic growth in some regions and an important source of international competitiveness, and is playing an increasingly important role in regional economic development. While the original industrial clusters continue to mature in the eastern coastal areas, the division of labor has been continuously refined, and some new industrial clusters have been derived.
According to the naming method in the "Administrative Measures for the Naming of Featured Regional Titles of China's Hardware Industry" (Revised Draft): There are 3 hardware product capitals in China, namely: China Lock Capital (Wenzhou), China Valve Capital (Yuhuan), China Button Capital (Qiaotou); There are 8 China Hardware Industry Bases, namely: China Hardware Products Industry Base (Xiaolan), China (Shuikou) Faucet Production Base, China Stainless Steel Products Production Base (Xinhui), China (Wenzhou) Metal case lighter production base, China (Wenzhou) razor production base, China hardware products (Yuyao) production base, China export tool production base (Jinhua), China wire mesh ind