China's fastener market demand is very impressive

The fastener industry has always been a traditional industry, but it is full of vitality. It is an indispensable supporting industry. It is only because of the wide range of fasteners and accessories. From the airlines to the airlines, to the everyday life of the people, everywhere is everywhere. , everywhere, can be described as small screws, big world, big market.
China's economic development has provided a huge market for the fastener industry, and is expected to reach about 12 billion U.S. dollars in 2014, reaching 13 billion U.S. dollars by 2016, running at an average rate of 3 to 5% of demand growth. Comprehensive analysis shows that the Chinese fastening The market demand is very substantial.
China's economic development adheres to reform and opening up, and the huge demand for fasteners provides a platform for domestic and foreign counterparts to develop. We welcome the world's most developed counterparts in Europe, America and other countries to invest in China or import high-strength fasteners to achieve mutual economic and trade benefits, win-win cooperation, and join hands to boycott the rising trade protectionism. Europe used to be a partner of China in the future. However, in recent years, there have been some unusual phenomena in the contacts between the fastener industry in Europe and China. China’s fasteners have been continuously levied by the EU for a five-year high anti-dumping duty, which has basically been excluded from the EU market, but the EU still Taiwan, Vietnam, Thailand, and other places imported more than 600,000 tons of fasteners to replace the market share of the original Chinese products. As a result, European traders suffered a heavy blow.
The rising cost of manufacturing in Europe and the decline in profitability have hampered European economic development. Judging from the situation provided by relevant parties, even without the import of Chinese fastener products, the current profits of the EU fastener industry still fell by about 0.4 percentage points year-on-year. . The facts fully demonstrate that the damage to the EU fastener industry has nothing to do with the import of fasteners in China. This is a structural issue within the EU industry. At the same time, we should clearly see that China's exports of EU fasteners are all medium and low-end products, and will not pose a threat to the EU's high-end fastener industry. On the contrary, they will complement each other, benefit each other, and develop in a positive manner. In particular, there are still some people who worry that after the EU cancels anti-dumping duties, China’s fasteners will still enter in large numbers.
In fact, in 2014, China’s fastener exports still achieved certain growth under the situation of reduced exports from the EU, and Chinese export companies paid more attention to domestic demand and markets outside the EU. To this end, we hope that European fastener manufacturers and traders will unite and work together to work together on the EU to eliminate misunderstandings and misjudgments. When the sunset review is conducted, we should follow the development trend, remove any interference, and increase mutual exchanges and mutual trust. The anti-dumping duty on China's fasteners was lifted to facilitate the return of the China-European fastener industry to the normal track and to promote cooperation and common development between the two sides. There is an old Chinese saying: home and everything. Let our colleagues in the fastener industry face the future and work together to create a new situation for the development of the China-EU fastener industry.
Under the guidance of the principle of “stabilizing growth, adjusting structure, promoting political reform, and benefiting the livelihood of the people”, the Chinese economy insists on reform and innovation to start the market and promotes a more healthy development of the market economy. We will continue to adjust the structure, increase the oversight of overcapacity, high pollution, and high energy consumption industries, and promote the development of emerging industries such as automobiles, new energy, advanced manufacturing, networking, and information technology. What's even more gratifying is the tertiary industry ( That is, with the rapid development of the service industry, the promotion of China’s economic structure has undergone great changes. The GDP growth has shifted from an annual average of 9.8% to a GDP growth of 7.4% in 2014, ie, to 7 to 8%. High-speed benign period. In 2014, China's Manufacturing Purchasing Managers Index (PMI) remained above the 50% dry line, production index and order index were 52% and 51% respectively, non-manufacturing business activity index was around 54%, and construction industry business activity index. At 56% or more, these data fully demonstrate that China's economy has entered a new normal state of stable, sound, positive, and steady development.
Under the new normal, the fastener industry, which is bound to promote its supporting services, will increase its innovation drive and industrial structure adjustment, while pursuing a shift in the output value of the output value, and improving the quality and brand efficiency. Partial pursuit of large and complete, to fine, special, special, superior changes; from production, to the direction of production and service-oriented; focus on the development of combination screws and assemblies, stainless steel fasteners, IT industry mini screws, self-locking Fasteners, titanium alloys, aluminum alloy fasteners, automotive, high-speed rail fasteners and a variety of surface treatment, chemical coating fasteners and non-standard shaped parts, mechanical parts, and constantly improve the product quality of the entire industry And standards, especially high-strength, high-precision, high value-added fasteners, non-standard shaped parts, small mechanical parts and components have developed rapidly to continuously adapt to automobiles, new energy, high-speed rail, urban transport, aviation aerospace, The development of industries such as electronics, construction and maintenance.
In 2014, China's fastener industry achieved steady progress, fastener production reached about 7.2 million tons, an increase of 5.88%, and sales revenue reached 71 billion yuan (about 11.6 billion US dollars), an increase of 5.2% year-on-year, including exports of 2.8 million. Tons, foreign exchange earnings reached US$5.28 billion, a year-on-year increase of 9.4% and 13% respectively, a record high. With the adjustment of China's industrial structure, the demand for high-strength, high-value-added products has grown rapidly, and new imports of fasteners have been promoted. That is, imports of high-grade fasteners have reached 308,000 tons, a year-on-year increase of 12.8%, and the import amount has reached US$3.46 billion. , an increase of 15.3% over the same period of the previous year. The average tonnage of imported fasteners reached US$1,123.37, which is nearly six times that of export products. These imported products are mainly used in aviation and aerospace, automobiles, new energy, and electronic appliances. China's fastener industry closely follows the national development strategy, as well as the new opportunities brought by the “One Belt and One Road” and the international strategy of the high-speed rail industry. It will be stronger and bigger, aiming at a steady growth of 6 to 8% in the automotive industry. Energy maintains a strong momentum of development. Infrastructure such as railways is still the focus of investment. It maintains a 20% growth rate, and investment in fixed assets still maintains double-digit growth. Huimin People's Livelihood Engineering and “One Belt”, new urbanization will give fasteners. Manufacturing has brought new room for expansion and based on internal demand development.

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