July 2007 may be an epoch-making watershed to China fasteners, the product export tax rebate rate decreased from 13% to 5%.With the advantage of large-scale, some powerful enterprises in fasteners industry will continue increase export volume on the basis of expanding the domestic market, and thus will expand the gap between themselves and their competitors, and China's fasteners exports will also take the way from low level, scattered state and disordered competition, to a new times of brand competition.