With the development of science and technology, the world has become smaller and smaller, and the integration between countries is relatively fast. In this big family, China's economic strength has risen rapidly, and China has become the most dynamic economic region in the world. China's economic facilities are relatively complete, industrial development is relatively mature and labor costs are low. It has the comparative advantage of becoming a global fastener manufacturing center, and the export-oriented development of standard parts manufacturing industry is obvious.
China is the largest trading country of fasteners in Japan. Japan imported fasteners from China accounted for more than 1/2 of Japan's total fastener imports. Japan's fasteners exported to China accounted for total Japanese fastener exports. About 1/4. Once affected by the 3.11 earthquake in Japan, the supply chain of Japanese domestic parts and components was once broken, and the Japanese fastener industry was also affected by huge impact. Some enterprises even cut production and stopped production. Under the influence of negative factors such as the domestic economic downturn, the continued appreciation of the yen, and insufficient power supply, more and more Japanese manufacturing companies are focusing on the potential of China's western region.
According to a questionnaire survey conducted by the Japan International Cooperation Bank for 600 large-scale Japanese manufacturing companies, China is the first place in the region where overseas investment is most concerned. In this case, China is particularly concerned about the western region of China. From the Catalogue of Foreign Investment Advantage Industries in the Central and Western Regions and the recently issued Notice on the Implementation of Tax Policies for the Western Development Strategy, it can be seen that the support of national policies has been covered, including Sichuan, Guizhou and Yunnan. The entire western region of Shaanxi, Gansu, Qinghai, Ningxia, Xinjiang, Tibet and other provinces (autonomous regions and municipalities directly under the Central Government) has solved many worries for manufacturers interested in expanding the western market. China's western region not only attracts the attention of foreign merchants, but also attracts the attention of fastener manufacturers in the fastener industry. Everyone is gearing up and hopes to make great achievements.