Hardware scissors industry is the traditional advantage industry of Yangjiang. Yangjiang knife and scissors has a history of more than 1,400 years. Also, Yangjiang is the production base and export base of Chinese knife and scissors, and a global knife and scissors purchasing base. It occupies an important position and influence in the metal scissors industry at home and abroad, and is known as the 'Capital of Chinese Knives and Scissors'.

There are more than 1,500 hardware knife and scissors enterprises in Yangjiang, with more than 3,500 knife and scissors products, the total output value exceeds 55 billion yuan. The annual output and export volume account for about 70% and 85% of the country. Since 2002, Yangjiang has held The China (Yangjiang) International Hardware Knife & Scissors Fair every October to show the development achievements of the industry. It has been successfully held for 18 sessions.

The 18th China (Yangjiang) International Hardware Knife & Scissors Fair (hereinafter referred to as Yangjiang Knife Fair) in 2019 had an exhibition area of 37,000 square meters, 900 exhibition booths, and 509 exhibiting companies, gathered many famous knife and scissors brands to participate in the exhibition, such as Shibazi, INWIN, WIKO, Jinhui, Hongfeng, Millenarie, and Tuobituo and so on. The total turnover reached 4.87 billion yuan, an increase of 104.6% over the previous year.