By | 2008-03-01 00:00:00
The famous Germany of Colon Hardware Show which sponsored once 2 years was opened on March 5. This show attracted the professional enterprises which are from more than 30 countries and regions. The whole 10 exhibition hall were open to the visitors and the scale of this show is the biggest one. The No. 6 exhibition hall was mainly the Mainland China, Hong Kong, and Taiwan fastener enterprises. There were about 50 Mainland China attendees that are mainly from Zhejiang Province and Shanghai City such as Ningbo Jinding Co. Ltd., Ningbo Xingyi Co. Ltd., Hangdan Co. Ltd., Wenzhou Xianfeng Co. Ltd., Shangbiao Import & Export Co. Ltd., Shanghai Shenglei Co. Ltd., Dongtai Co. Ltd., and Qindong Co. Ltd., and so on. And there were also about 70 Taiwan fastener enterprises attended this show. From the show, Taiwan enterprises were more experienced than Mainland China, whose shows were new and unique, and rich in pictures. The No. 5 exhibition halls mainly were European enterprises, which bring the visitors more interesting and more attracting by their products, technology and solutions. Of which most are famous enterprises in European that have taken in fastener industry over 50 years, so, those enterprises have paid high attention on this show, and their booth designed very special and set up a small café in every booth. Even more, some enterprises rent near one thousand km2 hall and brought more products shown here. Many of the European enterprises are purchasers but not manufacturers, whose main goods came from Mainland China and Taiwan, and main tasks are servicing for the customers and providing solutions. Though it's the first time for China fastener enterprises to attend the show, most of the businesses know luosi.com, and they took in a great interesting in luosi.com and willing to be the member of luosi.com. This show brings business information for our domestic industrial partners and accumulates more show experience for the domestic business.
By Ella| 2008-01-08 00:00:00
2006 Germany of Colon Hardware Show was close on March 8. This show attracted more than 700 fastener enterprises which are from Mainland China and Hong Kong Region, of which the fastener manufacturers and traders are about 70, the others are tools, accessories, fasteners andDIY and so on. The show organizing committee taken on an evaluation on the new fastener products and new technology at the afternoon of March 8. It’s a pity that the entire awards won by the European enterprises that are advance in the patents and innovation, though Chinese enterprises are the major fastener exporters. The attendees began to pullout the exhibition hall at PM 3:00.
By | 2007-04-12 00:00:00
China's securities regulator said Wednesday it has joined an international securities investigative agreement that will help it solve cross-border regulatory problemsand achieve a higher level of market regulation. The China Securities Regulatory Commission said it received approval to be a signatory member of the International Organization of Securities Commission (IOSCO) at the ongoing IOSCO's 32rd annual conference in Mumbai, India. A total of 41 securities regulators have been approved, the commission said in a press release. It said the signatories will help the IOSCO to boost securitiessupervision and launch more effective crackdowns on securities-related crimes. It noted the accord will enable it to get assistance from foreign signatory members when investigating insider dealings, stock price manipulations, and other types of cheating on domesticstock markets. The signatory will also help China play a more active role in formulating international securities regulations, the commission added. IOSCO was founded in 1983 in Madrid of Spain with the aim of providing effective surveillance of international securities transactions to maintain just, efficient and sound stock markets.
By | 2007-04-11 00:00:00
The United States on Tuesday formally filed two WTO complaints against China over so-called copyright piracy and restrictions on the sale of American books, music, videos and movies. The U.S. trade delegation in Geneva has handed related documents to the World Trade Organization (WTO), formally setting in motion the WTO's dispute settlement procedure, a trade source said. The Chinese mission to the WTO confirmed it had received the complaints and also a request for consultations from the U.S. side. WTO dispute settlement procedures stipulate 60 days for consultations between the United States and China. If the consultations fail, the United States could ask for a WTO panel to investigate and rule on the dispute. The two new cases represent the latest effort by the Bush administration to increase pressure on China in the area of trade despite Beijing's active efforts in cracking down on piracy. In late March, the U.S. government announced its decision to impose penalty tariffs against the imports of Chinese coated free sheet paper, a decision altering a 23 year-old bipartisan policy of not applying the countervailing duty (CVD) law to China. The Chinese Ministry of Commerce on Tuesday responded strongly to the latest U.S. move at the WTO, saying it "runs contrary to the consensus between the leaders of the two nations about strengthening bilateral trade ties and properly solving trade disputes." "It will seriously undermine the cooperative relations the two nations have established in the field and will adversely affect bilateral trade," a spokesman said.
By | 2007-04-02 00:00:00
European Union on the other day raised the rebellion dumping investigation to our country fastener industrial product, took the global biggest fastener production base, recently the Haiyan fastener same business chamber of commerce held the general meeting, came from the local more than 100 fastener enterprise's person in charge, passed one to be for the purpose of calling to stop the low price competition ¡°the internal profession behavior criterion¡±. It is reported, this is our country fastener profession first time combined action should to European Union "the trade dispute". The professional indicated that, regarding has more than 1500 fastener manufacturers, annual production sales volume near 6,000,000,000 Yuan Haiyan, this act will form certain influence to the future industrial pattern. According to the understanding, in Haiyan, the fastener product price excessively is low, is always trouble of the local enterprise heart. Because the enterprise multitudinous, the competition is intense, last year the Haiyan fastener exportation price was approximately 6500 Yuan/tons to 7000 Yuan/tons, but when overseas store sale, its price for the exportation price 6 to 8 times, the price low also became this time is mentioned by Europe the dumping investigation the important reason. Regarding this, the Haiyan fastener same business chamber of commerce related people in charge said that, the enterprise keeps prices down mutually, has actually harmed the entire Haiyan fastener industry benefit. Reporter understood from the province Foreign Trade and Economic Department fair the trade bureau, starts from 2004, the Haiyan fastener enterprise one after another encounters three overseas counter-dumping which Canada, European Union implement. Moreover, the global biggest fastener trading market - - invests 1,100,000,000 Yuan Zhejiang (internationally) fastener five Jin Cheng immediately in the Haiyan operation construction, future will have places the such as Ningbo, Wenzhou more than 2000 fastener upstream and downstream companies enters in Haiyan, if constantly will die again puts together the price, the fastener profession chaos day by day will intensify. Obviously, regarding Haiyan, the low price competition already becomes the hindrance future industrial development ¡"the recessive malignant tumor" Therefore, the profession autonomy becomes the local more than 100 fastener enterprises the mutual recognition, in just through this share ¡°the criterion¡± in stipulated, take the Haiyan locality some fastener production enterprise as the unit, once in a while, in these enterprise's price foundation, forms some kind of fastener product the base standard rate. Once the base standard rate determined, like same product, same cost, but some enterprise is lower than this base standard rate, other enterprises may report to the authorities to the chamber of commerce.
By | 2007-02-22 00:00:00
The 15th Session of the National Economy Trade and Technology of Fasteners Fair was held in Shanghai from November 28th, 2006 to December 1st, 2006 by Accessory Industry Association fasteners which is part of the China National Machinery Association (formerly the China Fastener Industry Association). Then it will be the greatest event in China fastener industry The Trade fair which held by the Association of Fasteners have already become the ¡°Brand Fair¡±, because it held for many years and it was always based upon the industry, it have already won the great support and welcome from home and abroad. Fasteners Association will uphold the fine traditions of professional associations, take the principal of servicing the industry and membership. According to the characteristics and advantages of industry, it services for the entire industry through thematic reports, information, products, trade, free exchange, and other forms of business consultation, through which all enterprises can get the latest information on market demand, access to information and orders. Then, the manufacturers from various kinds of enterprises will participate in the fair, such as the fastener manufacturers, distributors, demand institutions, scientific researcher institutions, fastener manufacturers, module manufactures and manufacturers of materials and so on. Chinafastener will also participate in the symposium. Agenda: Firstly, meeting report: 1 The leadership of International Development and Reform Commission will have a speech on the country's macroeconomic situation. 2. Li Shijun, deputy secretary general of China Iron and Steel Industry Association, will have a speech on the current steel wire material trends and forecasts in 2007. 3 Feng Jinxiao, the president of Association of Fasteners of China Machinery Industry Association,will have a speech on the current international and domestic fastener industry and market analysis. 4. Corporation Exchange Information and Post News Secondly, Products Presentation, trade negotiation, communicate freely (Please take your samples and the display information of the samples with you) Thirdly, materials about consultation and supply of fastener. Time of Meeting: November 29th, 2006 to December 1st, 2006 Time of Registration: begin at 12:00 on November 28th, 2006 Venue: Shanghai Liang¡¯an Hotel, Shanghai Chang'an Road 920 (near the train station) Travel Routes: 1) Go to the Shanghai Southern Railway Station Square (southeast or southwest exports), walk 10-15 minutes (Picture shows ¡ñlocation) (2)Go to the South Station of Shanghai Railway Station, take No. 1 line of the MTR station to Shanghai train station. (3)Go to the Shanghai Pudong International Airport, take NO.5 airport railway to Shanghai train station. (4)Go to the Shanghai Hongqiao Airport, take No.941 routes to Shanghai train station. Telephone : Before the meeting (the Secretariat of the Association), Tel : 021-55899314 8308 55887288 go Wang Shihong Sheng Li-Ying or Zhao DonGlan 021-69152339 go Yao Liming Fax : 021-55886417 During the meeting (since this afternoon of November 28th) 021-63532222 go fasteners business group Related matters can be obtained from the association's website Website: www.chinafasteners.net