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General Administration Of Customs: China’s Foreign Trade Is Expected To ContinueTo Maintain a Stable Growth
In the first half of this year, the total value of our country’s import and export is 19.8 trillion yuan, increased by 9.4% as compared with the previous year’s figure , of which the export value is 10.14 trillion, increasing 13.2% and the import value is 3.66 trillion, increasing 4.8%. Li...Read More -
China’s FDI inflow up 17.3% in first five months
Employees work on an electronics production line of Siemens in Suzhou, Jiangsu province. [Photo by Hua Xuegen/For China Daily] Foreign direct investment (FDI) into the Chinese mainland, in actual use, expanded 17.3 percent year-on-year to 564.2 billion yuan in the first five months of the year, t...Read More -
Ukraine Crisis Takes a Heavy Toll on Japanese Small and Medium Fastener Companies
Kinsan Fastener News (Japan) reports, the Russia-Ukraine is creating a new economic risk that is pressing against the fastener industry in Japan. The increased price of materials is reflecting in selling price, but the Japanese fastener companies still find themselves unable to keep up with the ...Read More -
The People’s Republic Of China: Imposition of Five Years’ Anti-dumping Duty On The Carbon Steel Fasteners Imported From The UK And EU.
China’s commerce ministry said on June 28 it would extend anti-dumping tariffs on certain steel fasteners imported from the European Union and United Kingdom for five years. The anti-dumping tariffs will be imposed from June 29, the ministry said in a statement. The products concerned incl...Read More -
Car industry bullish as incentives take effect
China’s auto market is rebounding, with sales in June expected to grow 34.4 percent from May, as vehicle production has returned to normal in the country and the government’s package of measures have started to take effect, according to carmakers and analysts. Vehicle sales last mont...Read More -
US dollar Appreciation And Domestic Steel Price Going Down Promote the Fastener Export
May 27th news--In the recent month, the Fastener export is becoming more prosperous because of the influence of US dollar appreciation and domestic steel price going down. From last month to today, the US dollar has experienced a surge of appreciation, which influences g...Read More -
Foreign Trade Department Manager emphasized the Importance of the Salesman’s Professional Ability
On the morning 30th, May, 2022, Wu Dongke, Foreign Trade Department Manager in our company held a meeting, emphasizing the Importance of the Salesman’s Professional Ability. On the meeting, Manager Wu noted that right now the the development prospect of our foreign trade...Read More -
Gao Heping Inspected the Resumption of Fastener Business
11th May, Gao Heping, vice mayor of municipal government, supervised the resumption of fastener business in Yongnian Fastener Service Center and Zhongtong Express Enterprise. After hearing the current situation of the key projects’ construction, management of employees, ...Read More