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The development goal of China's gear industry is defined as "promoting China to become a manufacturing power and a major exporter of gears." Luo Baihui said that in the development process, China’s gear industry will have four major situations:
First, the market will have a large number of new gear products with international standards and independent intellectual property rights;
Second, the market will create a number of world-renowned brands of gear manufacturing companies, and many specialized SMEs will also enter the global procurement system and oem support;
3. The industry will organize professional gear trading platforms and organize exhibitions and business negotiation activities;
Fourth, the industry will adopt international advanced standards, establish independent experimental testing capabilities, set up reliable gear industry laboratories, and establish basic technical data platforms for gears, universities, research institutes, and enterprise technology centers to promote various enterprise gear products. Independent development.
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The Chinese gear industry will become a global gear manufacturing country in the next 10 years. According to Luo Baihui, head of the International Mould and Hardware & Plastic Industry Suppliers Association, from 2006 to 2010, China's gear manufacturing enterprises will shift from intensive management to information-based lean manufacturing, and the annual output value will reach 100 billion yuan, becoming the third largest global gear export. Even the second largest country, it is expected that from 2011 to 2015, as the gear product market matures, China will become a global gear power.