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Home > News > Exibition & Association News > FASTENER EXPO GUANGZHOU 2016 Focuses on South China and Southeast Asian Market and Propels Downstream Industries to Transform and Upgrade

FASTENER EXPO GUANGZHOU 2016 Focuses on South China and Southeast Asian Market and Propels Downstream Industries to Transform and Upgrade

By FASTENER EXPO GUANGZHOU , 2016-10-10 12:00:00

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Following the upcoming Fastener Expo Shanghai 2016 which is the Asia’s largest fastener exhibition, Fastener Expo Guangzhou 2016, another big event in the industry will be held in the Poly World Trade Center Exop from November 1-3, 2016.

This exhibition is jointly hosted by ITE Asia Exhibitions Limited, an affiliated company of ITE Group, and Shanghai ITE Ebseek Exhibition Co., Ltd., while Luosi.com and chinafastener.com are the official media. The exhibitionis estimated to cover 20,000m2 exhibiting area and will attract more than 400 domestic and overseas enterprises to showcase their latest fastener application solutions to 10,000 visitors all over the world. 

Targeting the vast markets of Southern China and Southeast Asia

South China has been the most economically dynamic area in China. Guangdong Province’s GDP has maintaining the highest in China for years. Guangzhou City is the economic, cultural, transportation and information hub of South China and one of the largest import and export ports in China owing to its proximity to Hong Kong, Macao, Taiwan, and Southeast Asian countries. The industrial development of entire South China is thriving on these huge markets that demand large volumes of fasteners. Guangdong consumes the most fasteners in China.

An industrial cluster supplying primary parts has formed in South China with Guangzhou as the core and Shenzhen, Dongguan, Foshan, Huizhou, Zhongshan, Jiangmen and other near by cities as the industrial bases. The output values of fastener-using downstream industries like construction materials, furniture, electrical products, and machinery manufacturing are the highest in China. In the current economic theme of de-capacity, advances in fastener solutions can unquestionably boost innovation across these industries.

The EU’s years of levying anti-dumping duty on Chinese fasteners has spurred domestic enterprises to seek diverse markets more aggressively. With the rise of some Southeast Asian countries, the future of the fastener market in this area becomes more promising. According to customs’ 2015 statistics, the top 20 destinations of China’s fastener export include Vietnam, Singapore, Malaysia and Thailand. In addition, Indonesia, the Philippines and other countries are big consumers of Chinese fasteners. Owing to the uninterrupted growth in infrastructure demand and industrial development, Southeast Asia is likely to generate another “golden opportunity” for the fastener industry.

This exhibition is a professional exhibition serving the entire fastener industrial chain. It includes various types of standard and non-standard parts, raw materials, fastener manufacturing technologies and equipment as well as supporting products and technologies for fasteners. It provides a one-stop trade platform for manufacturers, buyers, distributors, agents, and end users.

As the official media, Chinafastener.com and ChinaFastener Magazine will keep updating latest news of the event.

The article comes from China Expo Guangzhou. Any copyright belongs to the original author. For further information, please go to http://gzcn.fastenerexpo.cn/en/index.html or follow us.

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