Report on operation of Chinese superhard industry in 2021

A overall reflection of Chinese superhard industry in 2021 is presented with China’s macroeconomic indicators. The development of the industry is analyzed. It is found that despite the general background of increased pressure on the manufacturing industry, the superhard industry achieves outstanding results in both international and domestic circulation, whose industrial output and profit growth rate are both higher than the national average. However, the achievements mainly results from the macroeconomic environment, while the development in management and technology of enterprises is relatively slow. In conclusion, the overall situation for the industry is still not optimistic with significantly increased development pressure.