Export becomes the most uncertain factor in the fastener industry

“The development of fasteners is now at a new starting point for transformation. From the perspective of China’s economic development stage, the potential for expanding domestic demand is huge, and there is also great room for manoeuvre to reduce external demand. In the future, strict and stringent policies will continue to be introduced. The possibility of being reduced, regulation will be more flexible and appropriate.”

China’s economic growth has been close to the long-term trend line at the top of the cycle, and the rapid growth of fasteners in previous years has also caused adjustment pressures. Therefore, from 2008 onwards will enter the cycle of adjustment of more than two years.

The development of fasteners is at a new starting point for transformation. Judging from the economic development stage in which China is located, the potential for expanding domestic demand is huge, and there is also a great deal of room for manoeuvre to reduce external demand. In the future, the possibility of continuing strict strict policies will be reduced, and regulation will be more flexible and appropriate.

Some time ago, fastener companies generally clamored for export difficulties. On the surface, they were affected by the external environment. Because of the adjustment of laws and policies, changes in market demand did increase the difficulty of exporting fastener enterprises. However, thinking calmly, the rapid growth of fastener exports in China for many years has obscured or overlooked some deep-seated problems. Just as people are in good times, they often hide one hundred ugly. In times of adversity, the house leaks are even more rainy, and export difficulties reflect deeper concerns.

It is impossible for the low price competition to be “everlasting”. Many domestic small and medium-sized fastener enterprises have been sticking to their costs for a long time, and the profit margins of export sales have been getting lower and lower, and now they are generally between 1% and 3% or even lower. Due to policy adjustments or changes in the market, many companies are now difficult to sustain.

The pain of lack of industrial transfer ideas. Fastener exports are mostly labor-intensive and low value-added common standard parts. The transfer of industries not only effectively avoids the risks associated with rising costs, but also maintains the long-term competitiveness in the domestic and foreign markets for fastening. The transfer of goods from the coastal areas of China to the inland industries, timely seize the opportunities for industrial transfer, and move toward low-cost places, do not wait for me.

Old marketing methods become a roadblocker. Most small and medium fastener enterprises in China still adhere to traditional methods in self-export marketing. They are difficult to enter into foreign final markets, not to mention the initiative in export marketing. In this case, there is a strong demand in the international market and export competition. When it is not very fierce, the contradictions are not prominent. Nowadays, with the difficulties of international environmental changes, weak market demand, and appreciation of the renminbi, export marketing methods are lagging behind, and the drawbacks of all traditional orders from international buyers are fully exposed.

Exports can be built on the basis of sacrificing employees' interests. Fasteners must be produced or promoted by employees regardless of domestic sales or exports. However, the reporter learned from the interview that almost all companies lamented that it was getting harder and harder to recruit employees. Many people blamed the employees for their loyalty to the company, and the increase in labor costs was getting faster and faster. This year, the daily wages of better fasteners workers are generally 200-400 yuan higher than last year--400 yuan. The labor cost of enterprises is thus increased by 10%--15%. According to a survey, the fastener companies are not law-abiding companies. About 30% - 35%. In response to this, some fastener companies, especially small and medium-sized private enterprise owners of fasteners, attributed the rising cost to the newly introduced Labor Contract Law. They believe that the basis for the strong competitiveness of China's fastener exports is low labor costs. Raising the income of workers and vice versa must inevitably weaken export competitiveness. However, these bosses also understand that in the past, export growth, to a certain extent, was based on depressing employee income and not paying or paying social insurance fees. It is illegal and destined to last.

Industrial Electric Boiler


Using the night cheaper valley electricity and change it to hot energy , solid electric

heating storage equipment can provide hot water (<85℃),hot air (<400℃),heat conduction

oil(<300℃) and high temperature steam (100~200℃).
The boiler is widely used in printing drying industry, painting industry , food

processing industry and many other industries heating.

Related Products:hot water supply boiler,steam generating boiler,heat conduction oil furnace.

Industrial Electric Boiler

Industrial Electric Boiler

Industrial Electric Boiler,Energy Saving Industrial Electric Boiler,High Voltage Industrial Electric Boiler,Industrial Hot Air Heater

Dalian Transen Technology Co.,Ltd. , https://www.transen-china.com

This entry was posted in on