China's fasteners to develop into the mainstream to meet difficulties

Summary of contents: From November 21st to 23rd, 2011, the 24th National Fastener Economic and Trade and Technology Fair was held in Hefei, Anhui Province. This fair has attracted state-owned, collective, private and foreign capitals from all parts of the country. More than 500 people participated in the joint venture fastener manufacturers, distributors, demand-side units and other industries.

In the report of the conference, Chairman of the Fastener Branch of China National General Machinery & Accessories Industry Association, Feng Jinlu, made a report on the status of the China Fastener Industry. In the report, he proposed that development in 2012 is the main theme and the key to the “12th Five-Year Plan”. In the year when the 18th National Congress of the Communist Party of China was soon to be successfully held, “maintaining growth, inspiring people, and promoting employment” is still the main theme of development. We must recognize the situation, increase confidence, seize opportunities, and persist in innovation and adjustment. The industry continues to grow. We will continue to rely closely on key industries such as automobiles, new energy, aerospace, and shipbuilding to accelerate the optimization and upgrading of fastener products and promote the healthy and steady development of the entire industry.

He said that in 2012, the development of the fastener industry will continue to show a situation of “first low, then high, and then new high”. It is expected that the total output of fasteners will reach 6.8 million tons in 2012.

In the first half of 2011, GPT maintained a growth rate of 9.5%, which is also the domestic and export market for fasteners, despite the difficulties we face in working hard, high labor costs, tight energy sources, volatile material prices, inflation, and instability in the world economy. It has increased certain development opportunities and generally maintained relatively stable development. However, in the second half of 2011, inflation, the sharp increase in key industries, the tightening of monetary resources, and the economic downturn in Europe and the United States have made the fastener industry even more vulnerable.

Faced with severe challenges and challenges, President Feng Jinzhao emphasized that companies should have sufficient understanding and psychological preparation. In response, he proposed countermeasures to deal with new difficulties and new challenges:

â–¡ To insist on development is the last resort, and intensify restructuring, acquisitions, and adjustment efforts in difficult situations.

â–¡ Depending on the industry to develop high-performance, high-intensity, high-value-added products.

â–¡ Give full play to the advantages of independent innovation of enterprises, vigorously develop information technology and high-tech applications, and increase the level of manufacturing and labor productivity.

â–¡ Based on the domestic market, promote dislocation competition, standardize market order, oppose and stop the price dumping, continuously adjust product prices in practice, adapt the price of fastener products to the production cost, adapt to the international market, and match the brand and quality. adapt.

â–¡ Accelerate the withdrawal of funds, strictly control the scale of loans and investments, and pay more attention to controlling cash flow.

â–¡ We must pay attention to the changes in the European and American markets and actively respond to various trade protection measures to stabilize the export market.

Chairman Feng's speech made a deep reflection on the development prospects of our country's fastener industry. As an industry media, the Chinese screw network has benefited a lot and felt deeply that the industry's development will face more difficulties and roadblocks, but just as President Feng said that we must inspire our spirit, insist on development as the mainstream, overcome challenges, and finally win!