Home> Updates

Fastener industry expo opens in Jiaxing

chinadaily.com.cn| Updated : Sep 18, 2021

微信图片_20210918102249.jpg

An expo attendee checks the fasteners displayed at the 2021 China (Jiaxing) Fastener Industry Expo. [Photo/cnjxol.com]

The 2021 China (Jiaxing) Fastener Industry Expo is being held at Jiaxing International Convention and Exhibition Center in Jiaxing, East China's Zhejiang province from Sept 17 to 19.

With an exhibition area of nearly 20,000 square meters, the ongoing expo has attracted nearly 400 exhibitors and 5,000 purchasers, which are higher than the expo's previous nine editions.

The first floor of the convention and exhibition center is occupied by fastener companies, while the second floor is reserved for auto parts suppliers as the booming auto parts industry this year has boosted the fastener manufacturing industry.

The organizers have also invited 300 businessmen from other countries, including the United States, Russia, Germany, Pakistan, and India, to attend the expo, while more than 50 purchasers from Southeast Asian countries, as well as Central and East African countries were invited to conduct business negotiations with exhibitors online.

The expo is being organized by the China Chamber of Commerce for the Import and Export of Mechanical and Electronic Products, as well as the Jiaxing municipal people's government.

During the post-COVID-19 period, the fastener industry in Jiaxing are being faced with both opportunities and challenges. In the first six months of the year, the foreign trade of the city's fastener industry totaled $798 million, a year-on-year increase of 42.75 percent, including $770 billion worth of exports, a year-on-year increase of 44.16 percent.

Jiaxing-made fasteners have been exported around the world, especially to the countries involved in the Belt and Road Initiative, according to a representative from the Jiaxing Association for the Import and Export of Fasteners.