China is the world's leading producer of screw, nut and bolt stainless steel fasteners for the construction and automotive industries, and the EU is the main import market for these products. The WTO finally ruled that China’s success in the foreign trade of Chinese enterprises is of great significance.
2011 China International C-type pliers and other hardware exhibition will continue to expand the area, there are currently more than 300 fastener companies to participate in the exhibition, CIHS has successfully surpassed the domestic fastener professional exhibition and other integrated exhibitions including the Canton Fair, becoming domestic Fastener first procurement platform. On July 15th, after the WTO finalized the China-European fastener trade dispute, China’s successful case was of great significance. For this hardware exhibition, it was also an exciting news. More fastener companies were negotiating on the exhibition.
"According to our analysis, fasteners will become a hot product in China's construction hardware market this year. The status of the 2011 China International Hardware Show (CIHS2011) can also prove this conclusion: At present, door and window hardware, fasteners and nail wire The exhibition booths for the Internet products category are very popular, reaching 80% of the total number of booths. It is estimated that the number of exhibitors will exceed 700 this year. These three categories are just the traditional strong categories of China International Hardware Show.” China International Hardware Show organizer Ms. Shi Xiaolan, executive vice president of China National Hardware Products Association, said that fasteners, in particular, have won the anti-dumping victory. Some fastener industry bases, such as Hebei Yongnian and Ningbo Zhenhai fasteners, are actively transforming and upgrading. 'China International Hardware Show 2011 (CIHS) is a good show stage.
“Among the 621 exhibitors at China International Hardware Show 2010, there were 281 fastener exhibitors, accounting for 45.2%; it can be predicted that in 2011, fasteners will continue to occupy a large proportion.” China International Hardware Show (CIHS' 11) The news released by the organizing committee has been joined by more than 300 fastener manufacturers, and it has been proved that the forecast is completely correct.
“In the course of more than a decade in China International Hardware Exhibition, fasteners have always been one of the most important categories of exhibits. Under the strong demand of fastener industry exhibitors and professional buyers, the 2008 CIHS refines the exhibits division. For the first time, a fastener area was established. In 2010, this area was greatly expanded and based on this area, the China International Hardware Show (CIHS) was successfully established and the exhibits were further refined.” Ms. Shi Lanlan, executive vice president of China Hardware Industry Association, the organizer of International Hardware Exhibition, said.
The five major industry buyers entered the CIHS to purchase fasteners to build the domestic industry first. "This year, the fastener area's invitation for invitations and professional visitors has been further strengthened. The organizing committee has carefully analyzed the industry status of professional buyers in the fastener industry. With its many efforts, the company successfully joined hundreds of large-scale and well-known buyers in the fields of machine tools, automobiles, electric bicycles, building materials, and foreign trade, including a large number of automobiles, ships, electric bicycles, and machine tools. Manufacturers of elevators, electric appliances, furniture, etc., wholesale and retailers of construction materials markets, hardware markets, and wholesale markets throughout the country, large foreign trade companies, and overseas buyers living in Shanghai offices."
“In response to this situation, the CIHS Organizing Committee will provide more convenient and targeted procurement services for domestic and foreign professional fastener purchasers, and will organize activities such as the 'Fastener Products Sourcing Fair'. The company selected the domestic leading fastener manufacturers for buyers and provided 'one to one' trade matching service on site,” said Shi’s vice chairman. “At the same time, CIHS will continue to hold its annual “New Product Display and Promotion” event to display new products, new processes, new materials and new technologies for the fastener industry to domestic and overseas buyers. It is expected that there will be more than 100 items. Home fastener companies brought hundreds of new products to the show, further consolidating the position of CIHS as the first fastener procurement platform in China and enriching the content of the exhibition.”
Experts from the China International C-style Clamp and Hardware Show (CIHS) said that not only is this the first case in which China prosecuted the EU at the WTO. It is also China’s biggest legal victory case in the WTO so far. More importantly, the ruling in this case means that the WTO’s unfairness in the EU’s current trading system is seriously criticized by the principles of the WTO’s rules and forces the EU to Those anti-dumping regulations that are unfair and discriminatory against emerging markets must be thoroughly revised. This will help improve the competitive environment of Chinese companies in the international market.