Development Status of Explosion proof Electrical Appliance Industry in China

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In 2006, 42 major enterprises in China's explosion-proof electrical industry achieved an industrial output value of nearly 3.5 billion yuan, a year-on-year increase of 30.54%; Achieved a profit of 284.4 million yuan, a year-on-year increase of 48.13%. In 2006, although the overall economic growth rate of China's explosion-proof electrical industry slowed down compared to 2005, various economic indicators still maintained rapid growth, and the economic development and benefits achieved in recent years were also relatively good. Among them, mining explosion-proof electrical appliances have entered a period of stable and rapid development with the development of the coal industry.

Along with the rapid development of the industry, there are three main problems: (1) the sales and circulation of products are relatively chaotic, with some small enterprises having prominent product quality problems and widespread low price dumping, which disrupts the normal market order and lays hidden dangers for users' safety production, which is not conducive to the development of enterprises and the technological progress of the industry; (2) The concentration of the explosion-proof electrical industry is too low, with too many production enterprises, and most of the production enterprises are too small in scale and have low management levels; (<3) The product has low technical content, low technical level, and slow product update speed.