Looking at the smooth progress of import and export fastener products, showing a rapid growth of good situation! After analyzing and summarizing, we have achieved the following five conditions:
1. The global economic recovery is the main driving force for the rapid growth of fasteners' exports. Since 2010, consumption and investment in major developed countries have gradually recovered. The EU debt problem and the huge fiscal deficits of some countries are generally within a controllable range. Therefore, although the fastener industry is faced with trade remedy measures that have been evaded, in particular the EU imposes high anti-dumping duties on me, the export of fasteners to the EU increased by 72.33% year-on-year in 2010, and the EU once again surpassed the United States as a fastener. The largest market for exports.
2. Strong growth in domestic demand in emerging markets and strong demand for fasteners. Since the financial crisis, emerging markets such as the BRIC countries have been the leader in global economic recovery and have become an important engine for global economic growth. This is mainly due to the strong domestic demand growth in these countries and regions. Fastener products are widely used in various machinery, equipment, vehicles, ships, railways, bridges, buildings, etc., and they are meeting the internal needs of these markets.
3. Stabilize foreign demand policies to play an active role. In response to the financial crisis, the Chinese government has introduced a series of policy measures to support the development of foreign trade, including improving the corporate environment, improving export credit insurance, and improving the level of trade facilitation. At the same time, the pilot program for cross-border trade settlements has been expanded to extend the pilots to 20 provinces and cities, and to expand the offshore areas for cross-border trade settlement to all countries and regions. These policies and measures have provided better support for improving the business environment of the company and maintaining the international competitiveness of the company, which has effectively stimulated the rapid growth of the export of fastener products.
4. Respond to international trade relief surveys frequently reported that the fastener companies have regained confidence in restoring production. Following the success of the fastener industry in the United States in response to the “double reverse†investigation of the US fasteners in 2009, the fastener industry responded to international trade frictions in 2010 and achieved confidence in the industry’s exports. On June 28, 2010, the Ministry of Commerce announced the taxation of imported fastener products from the EU; on August 10th, the WTO preliminary ruling that the EU levied high anti-dumping duties on fastener products was illegal, and on December 3, WTO It was once again ruled that the EU's application of anti-dumping tariffs on my fasteners violated WTO regulations. From the newsletter, fastener companies are all excited.
5. Transformation and upgrading will increase the added value of fastener products. In 2010, transformation and upgrading became the mainstream. Fastener companies conformed to the trend, kept pace with the times, and carried out industrial integration according to the characteristics of their respective companies. Such as Jinyi Industrial Co., Ltd. relying on high-speed railway construction, invested heavily in research and development of high-speed rail fastener technology, developed a new type of fasteners for high-speed rail. At present, Jinyi Company has become a high-speed fastener production base. Another example is that Zhejiang Qifeng Hardware Co., Ltd. and Zhejiang New Oriental Fasteners Co., Ltd. have all set up railway product R&D centers and obtained the railway product procurement access certificate issued by the Shanghai Railway Bureau.
1. The global economic recovery is the main driving force for the rapid growth of fasteners' exports. Since 2010, consumption and investment in major developed countries have gradually recovered. The EU debt problem and the huge fiscal deficits of some countries are generally within a controllable range. Therefore, although the fastener industry is faced with trade remedy measures that have been evaded, in particular the EU imposes high anti-dumping duties on me, the export of fasteners to the EU increased by 72.33% year-on-year in 2010, and the EU once again surpassed the United States as a fastener. The largest market for exports.
2. Strong growth in domestic demand in emerging markets and strong demand for fasteners. Since the financial crisis, emerging markets such as the BRIC countries have been the leader in global economic recovery and have become an important engine for global economic growth. This is mainly due to the strong domestic demand growth in these countries and regions. Fastener products are widely used in various machinery, equipment, vehicles, ships, railways, bridges, buildings, etc., and they are meeting the internal needs of these markets.
3. Stabilize foreign demand policies to play an active role. In response to the financial crisis, the Chinese government has introduced a series of policy measures to support the development of foreign trade, including improving the corporate environment, improving export credit insurance, and improving the level of trade facilitation. At the same time, the pilot program for cross-border trade settlements has been expanded to extend the pilots to 20 provinces and cities, and to expand the offshore areas for cross-border trade settlement to all countries and regions. These policies and measures have provided better support for improving the business environment of the company and maintaining the international competitiveness of the company, which has effectively stimulated the rapid growth of the export of fastener products.
4. Respond to international trade relief surveys frequently reported that the fastener companies have regained confidence in restoring production. Following the success of the fastener industry in the United States in response to the “double reverse†investigation of the US fasteners in 2009, the fastener industry responded to international trade frictions in 2010 and achieved confidence in the industry’s exports. On June 28, 2010, the Ministry of Commerce announced the taxation of imported fastener products from the EU; on August 10th, the WTO preliminary ruling that the EU levied high anti-dumping duties on fastener products was illegal, and on December 3, WTO It was once again ruled that the EU's application of anti-dumping tariffs on my fasteners violated WTO regulations. From the newsletter, fastener companies are all excited.
5. Transformation and upgrading will increase the added value of fastener products. In 2010, transformation and upgrading became the mainstream. Fastener companies conformed to the trend, kept pace with the times, and carried out industrial integration according to the characteristics of their respective companies. Such as Jinyi Industrial Co., Ltd. relying on high-speed railway construction, invested heavily in research and development of high-speed rail fastener technology, developed a new type of fasteners for high-speed rail. At present, Jinyi Company has become a high-speed fastener production base. Another example is that Zhejiang Qifeng Hardware Co., Ltd. and Zhejiang New Oriental Fasteners Co., Ltd. have all set up railway product R&D centers and obtained the railway product procurement access certificate issued by the Shanghai Railway Bureau.
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