China Fasteners Exported US$2.202 Billion in the First Half of 2011

According to customs statistics, in the first half of this year, China’s fastener exports amounted to 2.202 billion U.S. dollars. The success of the anti-dumping case has even wiped out obstacles to export trade. Although the EU has not yet amended its trade regulations, the WTO’s verdict has resulted in the EU being unable to impose high anti-dumping duties on Chinese fastener exporters. This is undoubtedly for China. Reproduce the opportunity to return to the EU market. Industry insiders expect that China's fastener exports will exceed 2.5 billion U.S. dollars in the next 2-3 years.

China Central Television’s “Focus Interview” program recently focused on China's fastener industry for the first time. It described how the fastener companies came from a lifeline to returning to the EU market. The process took a long time, but it eventually won. The China Machinery General Components Industry Association also released the industry's "Twelfth Five-Year Plan" on the same day to address the issue of exports: During the period of the 12th Five-Year Plan, international trade has resumed. While China is seizing domestic sales, it must also pay attention to exports and take the initiative. Adjust the distribution and marketing ratio of export regions to make the export structure more reasonable.

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