China's export of security products will exceed industry sales by 30%

The recent development of Chinese security companies can also be said to be an increasingly international process. It is precisely because of the rapid expansion of the internationalization of security companies that the current appreciation of the renminbi will have an important impact on China's security industry.

Recalling the development of China's security industry for over 20 years, it can be described as weak to strong, from small to large, and it has formed many companies with considerable strength and foundation in R&D, production, and marketing. In fact, from the beginning of the development of China's security industry, it is closely linked with international business. From the beginning of the reform and opening up, the sales of foreign security products began in the 1990s. Through the production of OEMs, imitative reference, and independent research and development, the company gradually formed its own product system, and then it became increasingly fierce in the face of competition in the domestic market. China's security companies, whose product quality and technological level has rapidly increased, have begun to gradually go abroad to sell their security products overseas.

Through the observation of China's security industry in recent years, it can be found that the international development of China's security companies is already a general trend. Today, China's security companies have already had the most preliminary understanding of foreign markets, coupled with the increasingly fierce competition in the domestic security market, the rapid improvement of China's security technology, China's security products in terms of price advantages, and foreign security market Orderly stability, abundant profits, and so on, therefore, under such a development trend, all have determined the determination and pace of domestic security companies going out. It is expected that by the end of the "Eleventh Five-Year Plan" period, China's export of security products will account for more than 30% of the industry's total sales.

For the operation and development of international business, the impact of the RMB exchange rate is also obvious. With the gradual change of the international business model of China's security companies, it can be said that the impact of exchange rates on Chinese companies is even greater. In the early models such as agency sales, the impact of exchange rates only involved price settlement in the process of product import and export, and most of the risks lie with foreign partners. As more and more Chinese companies go abroad and participate in international competition, their production, procurement, marketing, and channels will all be profoundly affected by exchange rates.

It is precisely because more and more Chinese security companies are firmly implementing the international development path, and in the foreseeable future, more Chinese security companies will go abroad and go overseas, so the RMB exchange rate Change is already a problem that Chinese security companies must seriously face and attach great importance to. What kind of coping strategies to choose is not only a problem that Chinese security companies must consider, but also will affect the success or failure of Chinese security companies' future development.