News
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South Africa Makes Final Determination to Impose Taxes on Imported Iron or Steel Hexagon Bolts
International Trade Administration Commission of South Africa (ITAC, representing SACU members including Namibia, South Africa, Lesotho, Eswatini and Botswana) has made the final determination to impose taxes on imported bolts with hexagon heads of iron or steel for a period of 3 years. The prod...Read more -
China’s industrial output up 3.5 pct in October
China’s industrial production continued to expand in October, with the high-tech manufacturing sector posting strong performance, official data showed on Nov.15. China’s value-added industrial output, an important economic indicator, went up 3.5 percent year on year in October, puttin...Read more -
China’s factory gate prices rise in October
China’s factory prices continued to pick up in October due to the combined impact of international factors and the tight domestic supply of key energy and raw materials, official data showed Wednesday. The producer price index (PPI), which measures costs for goods at the factory gate, went ...Read more -
7th China Fastener Show（Online）
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Economic Watch: China’s industrial profits sustain sound growth in first three quarters
Profits of China’s major industrial firms maintained sound growth momentum in the first three quarters of the year as industrial production continued to recover and business operations kept improving, official data showed on Wednesday. Industrial firms with annual business revenues of at le...Read more -
China’s economy grows 9.8% in Jan-Sept
China’s GDP grew by 9.8 percent year-on-year in the first three quarters of the year to 82.31 trillion yuan ($12.79 trillion), compared with 12.7 percent in the first half, the National Bureau of Statistics said on Monday. In the third quarter, China’s economic growth came in at 4.9 p...Read more -
China releases 150,000 tonnes of national metal reserves
China’s state reserves authority on Saturday released a total of 150,000 tonnes of copper, aluminum and zinc from the national reserves to alleviate the burden on businesses over rising costs of raw materials. The National Food and Strategic Reserves Administration said it would step up the...Read more -
Global manufacturing expands in September with slower pace: report
Growth in the global manufacturing sector slowed for four straight months in September as the resurgence of COVID-19 and rising raw material prices weighed on the recovery, according to an industry report. The global manufacturing purchasing managers’ index (PMI) dropped by 0.1 percentage p...Read more -
2021 China Fastener Show (online) Sep 22-29,2021
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Taiwan’s Fastener Export Value Jumps 30% to USD 2.9 Billion in Jan.-July 2021
Chinese Taiwan came in third in 2020 with USD 3.97 billion worth of fastener export to the world, following Chinese Mainland and Germany. The latest statistics from Taiwan Ministry of Economic Affairs (MOFA) show that Chinese Taiwan’s fastener export value in the first 7 months this year ro...Read more -
Fastener Distributor Index Hits 10-Month Low, Though Outlook Improves
Survey respondents again pointed to supply chain havoc and labor constraints as their key concerns. FCH Sourcing Network reported its monthly Fastener Distributor Index (FDI) for the month of August on Tuesday, and the figures were a bit of a conundrum. After a robust late winter, the FDI sunk 4....Read more -
Canton Fair to resume offline exhibition
The 130th session of the China Import and Export Fair, also known as the Canton Fair, will resume offline activities, organizers said Tuesday. The fair, scheduled to kick off next month in south China’s Guangdong Province, will be held both online and offline, Vice Minister of Commerce Ren ...Read more