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, which is expected to reach about 12 billion U.S. dollars in 2014 and reach 13 billion U.S. dollars by 2016, running at an average rate of 3 to 5% of demand growth. Comprehensive analysis shows that China has fastened 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 work together 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 imposed by the EU for a five-year high anti-dumping duty, which has been basically 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.

European manufacturing costs rise, profits fall, hindering economic development in Europe, the situation from the point of view of interested parties, even without Chinese fastener imports, the EU fastener industry is still profit fell about 0.4 percentage points . The facts fully demonstrate that the damage of 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 cause harm to the EU's high-end fastener industry. On the contrary, they will help each other complement each other, benefit each other, and benefit from a positive development. 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 with the reduction of EU export volume. Chinese export companies pay more attention to domestic demand and markets outside the EU. To this end, we hope that the European fastener manufacturers and traders unite to focus on the European Union, and eliminate misunderstanding miscarriage of justice, by the time of the sunset review, follow the development in the flow, eliminate all interference, enhance exchanges and mutual trust, The anti-dumping duty on China's fasteners will be 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 new industries such as automobiles, new energy, advanced manufacturing, networking, and information technology. What's even more gratifying is that the tertiary industry has Rapid development has promoted great changes in China's economic structure. GDP growth has shifted from an annual average of 9.8% of ultra-high speed to a GDP growth of 7.4% in 2014, which means that it has entered a benign period of 7 to 8% of high-speed. In 2014, China's manufacturing purchasing managers index remained above 50% dry-wing line, the production index and the index of orders in more than 52% and 51% of non-manufacturing business activity index was about 54%, the construction industry business activity index was 56% Above, these data fully demonstrate that China's economy has entered a new normal state of stable, sound, positive, and steady growth.

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 change; from production, to the direction of production and service-oriented; focus on the development of combination screws and assemblies, stainless steel fasteners, IT industry, micro 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 rapidly developed to continuously adapt to automobiles, new energy, high-speed rail, urban transport, aviation aerospace, Development of industries such as electronics, construction and maintenance.

In 2014, China's fastener industry achieved steady progress and its fastener production reached approximately 7.2 million tons, a year-on-year increase of 5.88%, sales revenue reached 71 billion ***, an increase of 5.2% year-on-year, of which exports were 2.8 million tons, creating foreign exchange. 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 auto industry. energy maintained strong momentum of development, railways and other infrastructure is still the focus of investment to maintain 20% growth in fixed asset investment is still double-digit growth, benefit people's livelihood projects, and "all the way to belt", the new town will give fasteners Manufacturing has brought new room for expansion and based on internal demand development.