China Enterprise News Network - China Enterprise News reported on September 6th, 2010 On August 16, 2010, Yongkang City officially began to collect, co-ordinate and publish the “Yongkang Hardware Indexâ€. It is learnt that the "Yongkang Hardware Index" consists of three sub-indexes: the price index system, the boom index system, and the foreign trade index system. This objectively and comprehensively reflects the Yongkang hardware market price and the activeness of the market, grasps the market operation status, and forecasts the market. The trend of development provides timely and accurate business information for manufacturers and operators in the hardware industry.
Now Lu Jun, a merchant at China Science and Technology Hardware City, has to take a book and record the sales volume and price of the products he runs on the day before closing. This is an important reference for the Yongkang Hardware Index. “It is an honor to be selected as an information collection point,†said Lu Jun. “Yiwu has the Yiwu Small Commodity Index and Shaoxing has the Shaoxing Textile Index. The publication of the Yongkang Hardware Index will certainly be authoritative throughout the country. â€
It is understood that after more than 10 years of cultivation, China Science & Technology Hardware City has developed more than 4,600 business stores, and has entered more than 20,000 traders visiting the market. Products radiate more than 50 countries and regions in the world. Last year, the hardware city turnover reached 53.7 billion yuan, ranking first in the country's similar market. However, due to the lack of similar price and economic release functions similar to the Yiwu Small Commodity Index, the hardware trading market can hardly reflect the status of Yongkang Hardware in the nationwide hardware industry, which in turn affects Yongkang Hardware's distribution centers, price formation centers, and information collections across the country and even the world. Pass the center's "right to speak."
In addition to the comprehensive survey of market comprehensive indicators and some transaction indicators by the Yongkang Hardware Index, the remaining commodities and merchants use the sample survey as their target price, transaction, and business indicators. The index will be issued periodically, in which the price and turnover indicators are collected and released once a month, and the operating indicators are collected and released once a quarter.
Now Lu Jun, a merchant at China Science and Technology Hardware City, has to take a book and record the sales volume and price of the products he runs on the day before closing. This is an important reference for the Yongkang Hardware Index. “It is an honor to be selected as an information collection point,†said Lu Jun. “Yiwu has the Yiwu Small Commodity Index and Shaoxing has the Shaoxing Textile Index. The publication of the Yongkang Hardware Index will certainly be authoritative throughout the country. â€
It is understood that after more than 10 years of cultivation, China Science & Technology Hardware City has developed more than 4,600 business stores, and has entered more than 20,000 traders visiting the market. Products radiate more than 50 countries and regions in the world. Last year, the hardware city turnover reached 53.7 billion yuan, ranking first in the country's similar market. However, due to the lack of similar price and economic release functions similar to the Yiwu Small Commodity Index, the hardware trading market can hardly reflect the status of Yongkang Hardware in the nationwide hardware industry, which in turn affects Yongkang Hardware's distribution centers, price formation centers, and information collections across the country and even the world. Pass the center's "right to speak."
In addition to the comprehensive survey of market comprehensive indicators and some transaction indicators by the Yongkang Hardware Index, the remaining commodities and merchants use the sample survey as their target price, transaction, and business indicators. The index will be issued periodically, in which the price and turnover indicators are collected and released once a month, and the operating indicators are collected and released once a quarter.