News
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Canton Fair “cloud” on the promotion of Handan Yongnian district “core” to promote foreign trade
Due to the impact of the epidemic, enterprises in Yongnian District of Handan are faced with many difficulties. Innovative measures are urgently needed to stimulate enterprise vitality and achieve business development. In order to help foreign trade enterprises to actively respond to the impact ...Read more -
China’s building materials sector sees steady expansion in Q1
BEIJING — China saw the added value of its building materials sector rise at a steady pace of 1.6 percent year-on-year during the first quarter, according to data from the Ministry of Industry and Information Technology. In March, the added value of the industry climbed 2.1 percent from a y...Read more -
China’s industrial firms see profits rise 8.5% year-on-year
Profits at China’s industrial firms rose 8.5 percent year-on-year in the first quarter of the year, the National Bureau of Statistics said on Wednesday, pointing to a steady start for the industrial economy to the year. For January-March, the industrial firm’s profits growth rate was ...Read more -
China steel industry continues to progress in development
China’s steel industry has accelerated structural upgrade to pursue greener growth pathways and high-quality development, according to senior officials of the China Iron and Steel Association on Monday. “The industry has made remarkable progress in achieving high-quality developments ...Read more -
China’s foreign trade up 10.7% in Q1
China’s foreign trade in goods reached 9.42 trillion yuan ($1.48 trillion) in the first quarter, up 10.7 percent year-on-year, data from the General Administration of Customs showed on Wednesday. Exports grew by 13.4 percent on a yearly basis to 5.23 trillion yuan while imports increased by...Read more -
Industrial fasteners market to hit $87.3 billion by 2026
The global market for industrial fasteners estimated at U.S.$69.7 billion in the year 2022, is projected to reach a revised size of US$87.3 billion by the year 2026 — growing at a CAGR of 4.2% over the analysis period. This is according to a new study by Global Industry Analysts Inc., a premier m...Read more -
China’s daily crude steel output up in mid-March
China’s major steel mills saw their average daily output of crude steel stand at about 2.05 million tonnes in mid-March, an industrial data showed. The daily output marked an increase of 4.61 percent from that recorded in early March, according to the China Iron and Steel Association. Major...Read more -
China to deepen multilateral, bilateral economic, trade cooperation
China will deepen multilateral and bilateral economic and trade cooperation, according to a government work report submitted Saturday to the national legislature for deliberation. The Regional Comprehensive Economic Partnership (RCEP) has created the largest free trade zone in the world. China wi...Read more -
Fastener Distributor Index Shows Solid Rebound Despite Worse Optimism
Sales saw a considerable jump in February, but continued strains on labor and pricing have distributors still concerned about the next six months. FCH Sourcing Network reported its Fastener Distributor Index (FDI) for the month of February on March 7, showing a considerable rebound one month afte...Read more -
Global aerospace fasteners market to hit $12.80 billion by 2030
A slow rise in air traveling and surge in government expenditure on defense are driving the growth of the global aerospace fasteners market. According to a new report published by Allied Market Research, the global aerospace fasteners market was estimated at $7.42 billion in 2020 and is expected ...Read more -
China’s industrial output up 7.5 pct in first two months
China’s industrial production expanded in the first two months of the year, with the high-tech manufacturing sector posting stellar performance, official data showed Tuesday. China’s value-added industrial output, an important economic indicator, went up 7.5 percent year on year in th...Read more -
8th edition of International Fastener Show Online will be held from March 21 to 25, 2022
8th edition of International Fastener Show Online, organized by www.chinafastener.com, will be held from March 21 to 25, 2022. It is expected that more than 300 exhibitors, 5,000 international buyers and 100,000 visitors will participate in the show. Since August 2020, International Fastener Show...Read more