China's tool and hardware industry after more than 30 years of development, tool product manufacturing occupies a prominent position in the world, has become a global tool product production and sales power. The industry has sales of over 100 billion yuan and exports of over 14 billion US dollars. From the perspective of the deep level of industrial development, the tool hardware industry has formed a strong manufacturing capacity and a certain marketing capacity after experiencing a period of rapid development. In the future, the industry will further expand to high-end, professional and boutique fields, and upgrade to service-oriented manufacturing.