China Chengdu Hardware and Electromechanical Index officially released

On September 26th, the Westgate International Conference Center and the 8th China West International Hardware and Electrical Machinery Expo opened. More than 20,000 exhibitors and merchants from Malaysia, Singapore, Hong Kong, China, Taiwan and other domestic and overseas delegations attended the fair. At the opening ceremony, the "China Chengdu Hardware and Electrical Machinery Index" was formally released. This was followed by the "China Chengdu Chengdu Chinese Medicine Index" and another national industry index settled in Chengdu.

The “China Chengdu Hardware and Electrical Machinery Index” compiled a classification system for hardware and electromechanical industry indices. A total of 12 major categories, 94 secondary categories, and 943 three-level categories were established, and 2,829 representative samples were collected. After on-line trial operation since May this year, it not only provides guidance and reference for the hardware and electronic machinery market and industrial dynamics, but also provides a basis for resource allocation of the hardware and electronic machinery industry chain. Through this index, manufacturers and consumers can learn more comprehensive and authoritative product price information, and timely adjust pricing, business scope and other strategies.