HOME PUBLICATIONS SUBSCRIPTION NEWS EXHIBITIONS PRODUCT SEARCH B2B SERVICE ABOUT US 点击这里给我发消息
Frequently searched keyword:
(ex. Machine screws, Special screws, Taptite screws, Locks, Cnc parts, cnc lathe)
 
Hello, Visitor!‧Register
 
Account  
Password  
 
 
                            
 
  • Home
  •  » Hot News
  •  » High-end Fastener Market Value in China to Reach RMB59 Billion in 2019

High-end Fastener Market Value in China to Reach RMB59 Billion in 2019


2019-10-23  |  Class : 螺絲

     Fastener production in China has been growing steadily in recent years. In 2014 the total production was 7.2 million tons and grew to 7.28 million tons in 2015, 7.42 million tons in 2016, 7.47 million tons in 2017 and 7.6 million tons in 2018.

     The momentum in the automotive, high speed rail and aerospace industries brought a steady growth to a total production value of RMB 85.6 billion (up 6.4%) in the general components industry in the first quarter of 2018. The automotive industry export increased by 8.3%. The total fastener export value was USD 5.896 billion and the export volume was 3.68 million tons. This year, the total fastener market value in China will reach RMB 138 billion.

     The high-end fastener market value in China will continue to rise with the rapid growth of the aerospace, satellite, rail, marine engineering, nuclear power, wind power and automotive industries. This market will reach an annual market value of RMB 59 billion in China this year.



« Back  |  Next »
 
 
 
 
 
 
  
Home Magazine Subscribe News Exhibitions Product Search Buyer Inquiry
ADD: NO. 469, YU PING ROAD, TAINAN 70843, TAIWAN
TEL:886-6-2954000(Rep.) FAX:886-6-2953939 E-mail: services@fastener-world.com.tw
Visitors:Web Counter
Fastener World Inc.‧Magazine Publisher‧Agency of Int’l Exhibitions All Rights Reserved.