Opportunities & Challenges for Hardware Machined Parts in Foreign Trade
On the global economic data front, July 9 figures from China's National Bureau of Statistics showed June CPI rose 0.1% year-on-year (from a previous decline) and fell 0.1% month-on-month. PPI dropped 0.4% month-on-month (same as prior) and 3.6% year-on-year, with the decline widening 0.3 percentage points. Core CPI (excluding food/energy) rose 0.7% year-on-year, a 14-month high, but PPI's slide reflects weak industrial demand.
As a key industrial link, hardware machined parts feel this: industrial firms cut investment in new equipment/lines due to falling PPI, reducing purchases. Many foreign trade firms face order shortages.
Yet opportunities exist. The booming AI sector drives demand. NVIDIA's $4 trillion market cap signals AI's new phase, shifting from "training" to "inference." Enterprise and consumer AI devices need more hardware machined parts—data centers require precision components for servers/cooling; smart home devices use such parts too. 2024-2025 growth of 20%-30% is projected for this segment, offering a lifeline amid challenges.
