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2022-09-28
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Transformation and upgrading the rapid growth of fastener exports in Jiaxing, Zhejiang Province

transformation and upgrading the rapid growth of fastener exports in Jiaxing, Zhejiang Province

China Construction machinery information

Guide: thanks to the continued recovery of the world economy, the steady development of the domestic economy, and the low base in the same period of 2009, the export of fastener products in Jiaxing achieved rapid growth in 2010. Said Zhang Feng, Deputy Secretary General of Jiaxing fastener import and export enterprise association in Zhejiang Province. He revealed to China industry news that 2

"thanks to the continuous recovery of the world economy, the steady development of the domestic economy, and the low base in the same period of 2009, the export of fasteners in Jiaxing achieved rapid growth in 2010." Said Zhang Feng, Deputy Secretary General of Jiaxing fastener import and export enterprise association in Zhejiang Province. He told China industry news that from January to December 2010, the total import and export of fastener products in Jiaxing reached US $801.52 million, with a year-on-year increase of 51.44%, of which exports were US $779.95 million, with a year-on-year increase of 51.80%, and imports were US $21.57 million, with a year-on-year increase of 29.18%

the export unit price continued to rise

Zhang Feng explained in detail the main characteristics of Jiaxing's fastener export last year. First, exports resumed rapid growth. In 2010, the export of fastener products in Jiaxing was 779.95 million US dollars, accounting for 48.67% of the export volume of fastener products in Zhejiang Province. Among them, the export of steel fasteners was 775.37 million US dollars, an increase of 51.55% year-on-year; The export of copper fasteners was $3.65 million, an increase of 130.04% year-on-year; The export of aluminum fasteners was 930000 US dollars, with a year-on-year increase of 57.03%. "All kinds of fastener products have achieved rapid growth, but there is still a certain distance compared with the export volume of US $98.136 million in 2008." He said

second, the United States and Europe are still the main export markets, but their share has declined slightly. In 2010, the city's fastener products were exported to the United States of 162.4 million US dollars, with a year-on-year increase of 28.39%, and to the European Union of 172.34 million US dollars, with a year-on-year increase of 72.33%. The total exports to the U.S. and European markets accounted for 42.92% of its total fastener exports. Compared with the 44.12% share of the U.S. and European markets in 2009, its share decreased by 1.2 percentage points

third, the diversification of export markets has been further improved. "While the traditional market for the production of bio rubber materials based on renewable cash crop yinjiaoju has maintained a steady growth, the trade volume of emerging countries and regions has increased rapidly." Zhang Feng, for example, said that in 2010, the city's fastener products were exported to emerging markets such as ASEAN, Russia, Brazil, India, South Africa, Ukraine and Chile, accounting for 27.20% of the total fastener exports, with a year-on-year increase of 62.00%, 149.26%, 214.41%, 119.56%, 95.96%, 154.32% and 163.01% respectively, much higher than the 51.80% export growth of Jiaxing fasteners

fourth, the export unit price continued to rise. In 2010, the average export unit price of fasteners in the city was US $1194/ton, with a year-on-year increase of 9.04%. Among them, the average unit prices of steel, copper and aluminum fasteners were US $1188/ton, US $8449/ton and US $2428/ton respectively, with year-on-year growth of 8.89%, 39.58% and 7.01%. Fifth, the number of large exporters as degradable materials decomposed into water and carbon dioxide increased rapidly. It is understood that last year, 16 enterprises in Jiaxing exported fasteners of more than US $10million, a year-on-year increase of 23.08%, and 9 enterprises exported fasteners of more than US $20million, a year-on-year increase of 80%. The total export volume of these 16 major exporters was US $39.231 million, accounting for 50.30% of the total export volume of the city

transformation and upgrading are quite effective

in Zhang Feng's view, the global economic recovery is the main driving force driving the rapid growth of fastener exports in Jiaxing. Since 2010, consumption and investment in major developed countries have gradually warmed up, and the EU debt problem and the huge fiscal deficits of some countries are generally controllable. "Although the fastener industry is facing trade relief measures taken by many countries, especially the high anti-dumping duties imposed by the European Union on China, the export of fasteners from our city to the European Union in 2010 increased by 72.33% year-on-year, and the European Union once again surpassed the United States to become the largest market for fastener exports in Jiaxing." In addition, the rapid growth of exports also benefited from "another BRICs company sharing experience on site is Hubei Suning Chemical Co., Ltd." and other emerging markets with strong demand growth. Fastener products widely used in various machinery, equipment, vehicles, ships, railways, bridges, buildings, etc. are meeting their strong demand. At the same time, in response to the financial crisis, the Chinese government has issued a series of policies and measures to support the development of foreign trade, including Arkema's research and development of elium to improve the enterprise financing environment, improve export credit insurance, improve the level of trade facilitation, and expand the pilot of RMB settlement of cross-border trade. This has provided support for improving the business environment of enterprises and maintaining their international competitiveness, and effectively promoted the rapid growth of fastener exports in Jiaxing

in response to international trade remedy investigations, frequent reports of success have also established confidence for fastener enterprises to resume production. After China's fastener industry won a complete victory in responding to the "double anti" investigation of China's fasteners by the United States in 2009, the fastener industry achieved another good performance in responding to international trade frictions in 2010: on June 28, 2010, the Ministry of Commerce announced that it would levy taxes on fasteners imported from the European Union; On August 10, the WTO initially ruled that the EU's imposition of high anti-dumping duties on China's fastener products was illegal; On December 3, the WTO once again ruled that the EU's imposition of anti-dumping tariffs on China's fasteners violated WTO regulations

in addition, the enterprise actively transformed and upgraded, which increased the added value of fastener products. "In 2010, transformation and upgrading became the mainstream of the industry. Jiaxing fastener enterprises kept pace with the times and carried out industrial integration according to their respective characteristics." Zhang Feng said that for example, relying on the construction of high-speed railway, Jinyi Industrial Co., Ltd. invested heavily in the research and development of high-speed railway fastener technology and developed new fasteners for high-speed railway. At present, the company has become a high-speed rail fastener production base. For another example, Zhejiang Qifeng Hardware Co., Ltd. and Zhejiang New Oriental fastener company have established Railway Product R & D centers and obtained the railway product procurement access certificate issued by Shanghai Railway Bureau

facing many challenges in 2011

looking forward to 2011, Zhang Feng believes that the export of fasteners in Jiaxing will continue to be good on the whole, but it also faces many challenges. First, the foundation of the world economic recovery is still unstable, and the prices of major raw materials are rising all the way. It is understood that in 2010, the domestic iron ore market changed from the long-term agreement price priced once a year to quarterly pricing, and the more flexible pricing mechanism made the spot price of domestic iron ore more elusive. Domestic iron ore prices have soared, with an increase of more than 50%. According to the prediction of China steel, the tight supply of domestic iron ore in 2011 will gradually ease, and the price will fall after rising, but the price will continue to rise at the beginning of the year

secondly, labor costs continue to rise. "The large labor gap, especially the shortage of skilled workers, is a major problem faced by fastener enterprises in our city." Zhang Feng said that because the fastener industry is a labor-intensive industry, the local labor force can not fully meet the needs of factory construction, and the mobility of migrant workers is very strong. In order to retain employees, enterprises have to increase the training cost of employees while increasing employee welfare

secondly, trade protectionism is becoming more and more intense. On the one hand, due to the lack of momentum for the world economic recovery, it is difficult for the international market demand to recover effectively in the short term; On the other hand, Europe and the United States and other countries have put forward strategies such as "revitalizing the real economy" and "industrial return", making market competition more intense. "As far as the fastener industry is concerned, since 2004, the fastener industry has encountered 14 trade remedy investigations initiated by seven countries and regions including the European Union, the United States, Canada, Mexico, Russia, South Africa and Turkey, which has hindered the export of China's fastener products." Zhang Feng said

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