The transformation of private furniture industry to high-end industry

Chengdu furniture manufacturing enterprises in China generally present many problems such as miscellaneous brands, low-end grades, unguaranteed quality, fancy and impractical technology, small-scale enterprises, and irregular industries. Moreover, a considerable number of local furniture companies still exist in the form of workshop production and family-run operations, not to mention the emphasis on corporate culture, talent management, industry exchanges and cooperation. Most of these enterprises lack the ability to resist risks and govern industrial structures. In addition to the economic system and policy factors, private enterprises like this should improve their own problems.


The competition in the furniture industry has also changed in recent years. With the improvement of the external environment, the company's development experience has increased, and its overall quality has been continuously improved. Low-end furniture companies have begun to focus on quality and corporate culture, and cooperation and communication between various companies have become more frequent. Companies have also begun to expand their brands and deepen their excavations. From the perspective of entering into subdivisions from all levels, the new industrial trends in the synthesis era are also More prominent.


High-end industry


For the fiercely competitive hardware and furniture market , it is not easy. However, under the leadership of some leading enterprises and the support of related supporting factors, this industry agglomeration has gradually deepened, and specialization, scale and modern industrial clusters have formed unique competitiveness and influence.


Development of low carbonization


Over the past decade, extensive high-energy-consuming enterprises in the furniture industry have also gradually moved towards low-carbon and cleanliness, driven by international low-carbon policies.


Enterprise scale


The international environment is still very favorable for Chinese hardware and furniture companies. It is a rare opportunity to strengthen the integration and integration with the international market and capture a high level of enterprise internationalization management. The international emphasis on consumption drives economic development and the acceleration of urban-rural integration, which has a positive effect on enterprises with strategic planning to increase their capital strength, expand production and go public.


Cooperative development


Resource sharing, information exchange, and division of labor have contributed to the deep development and expansion of the industry.


Social responsibility


Furniture companies should combine development strategies with social responsibilities to enhance civic awareness, increase employee salaries and welfare levels, and promote higher-level development of the enterprise. Luo Baihui, head of the International Mould and Hardware Plastics Industry Suppliers Association, said that at present, China's private economy has accounted for more than 80% in some regions and has made great contributions to China's development. Small-scale, family-operated furniture companies are being impacted by social development, forcing them to change their corporate management methods, forming a standardized corporate governance structure that combines centralized and decentralized private enterprise culture and standardized industry technology structure. Equity distribution, introduction of professional managers, and standardized governance structure. In the next ten years, we look forward to the coming of new trends in the synthesis era, which will bring a new trend to the hardware and furniture companies, which will make this industry stand out in the hardware industry and achieve better results.

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