The global economic downturn, overseas export trade depression, many domestic and foreign fasteners enterprises, is facing a severe test. Speeding up economic transformation and structural upgrading is imminent, and opening up overseas markets is undoubtedly an important outlet for the development of fastener industry at present.
From the 2011 four quarter to the first half of 2012, under the influence of the objective environment, the fastener industry's development speed or will slow down, but starting from 2012 three quarter, with the policy in place, 18 big convening, as well as the upcoming series of development policies, can promote the further development of the industry. And we must adhere to the innovation and restructuring, to continue to rely on the automotive, new energy, aerospace, shipbuilding, urban transport, IT, electronic appliances, construction and other key industries, speed up fasteners product optimization and upgrading, to promote the development of fasteners throughout the industry healthy and sound.
Global fastener Market Scale of more than 50 billion U.S. dollars, 2012 China fastener production is also expected to reach about 6.8 million tons. But compared with the United States, Japan and other manufacturing powers, China's fastener industry still has a big gap.