Passing on Positive Information and Consolidating Confidence of the Industry, International Fastener Show China 2020 Rounded off Successfully

International Fastener Show China 2020 (IFS China 2020) was grandly closed on November 5, 2020 at Shanghai World Expo Exhibition & Convention Center. IFS China 2020 covered a total display area of 38,000 sqm. 615 well-known fastener enterprises worldwide (1,683 standard booths) showcased fastener manufacturing machinery, molds and consumables, design, technology and services, standard fasteners, industry-specific fasteners, stamping parts and lathe parts, raw materials and e-commerce. The three-day show attracted trade visitors from 26 countries and regions. The number of visits reached 25256.

In recent years, the fastener industry in China has been developing rapidly, and the output, sales volume and nationalization degree have been continuously improved. In 2019, the overall market size of China's fasteners reached 140.2 billion yuan. Although affected by multiple negative factors at home and abroad this year, the "new infrastructure" trillion-level market, acceleration of intelligent manufacturing, digital transformation, opening of the new pattern of "re-domestic sales" and "dual circulation" have all injected more vigor into China's fastener industry.

Mr. Kangsheng Xue, President of the China Fastener Industry Association of China General Machine Components Industry Association remarked that, “We hope IFS China would be an opportunity to keep pace with the fastener industry, fully demonstrating new changes and demands in the Chinese market of fasteners, making widely public new technologies, products and models of enterprises concerned, passing on positive information of the market and offering an authoritative and professional platform to commercial representatives on technological sharing, information exchanges and business cooperation. In this way, we could consolidate confidence and resolve to the fastener market amid complicated situations.”

In spite of the special background this year, IFS China 2020 still remained the scale of the previous sessions. In Hall 1 for machinery, fastener materials, molds and consumption goods, Ningbo Sijin, Carlo Salvi, Ningbo Haixing, Shanghai Chunzu, SACMA, Aerospace, National Machinery, Zhejiang Jinggu, Zhejiang Dongrui, Jiangsu Qunfeng, Nedschroef, Shanghai YuanTuo, Marposs, Dujiangyan Beyond, Hebei Guozhi, Gwolian, Zhejiang Yeswin, Tainan Chinchang, SUMON, Jianshan Aolike, Jiashan San Yung, Kunshan Quanying, Shanghai RENLE, Dongguan RKE, Openex, Wenzhou Gongyou, Wenzhou Zhongxin, Kunshan Taiho, Taicang Minghao, Ningbo Henghui, Dongguan Donglong, Ecoclean, Zhejiang Jiancai, Ga Sin Lik Tin, Ansteel Group, Ma Steel, Bao Steel, Xingtai Iron and Steel Corp., Zhuzhou Cemented Carbide showcased fastener equipment, molds, stamping parts, materials and consumables.

Hall 2 for fasteners gathered famous enterprises including Changshu Standard Parts, China Aviation Industry Standard Parts, Aerospace Precision, Aozhan Industrial, Jinshang Technology, Shangbiao Group, Handan Meijianli, Shandong Tengda, K.FA, Eagle Metalware, Zhejiang Quanyou, Morgan Hardware, Hunan Bygold, Jiaxing Yuxing, Guangdong Hignsun, Shanghai High Strength, Tianjin Enbang, ALFIRSTE, Zhejiang Qunzhan, Hangzhou Yougongpin, Ningbo Luoxing, Jiashan Yongxin, Jiashan Chaoyi , Ningbo Dongxin, Anhui Ningguo Dongbo, Ningbo Zhongli, TSLG, Ningbo Jinli, Jiangsu Xingchangjiang, Shanghai Nanshi, NINGBO NANLUO, Zhejiang Zhapu, Sonec, Handan Tedun, Jiaxing Reegu, LeeSheng, Beijing Jinzhaobo, BOITO, Zhejiang Sanlin, Meishan CRRC, STL, Wuhu Sanlian, 3 Star, Hebei Puyang, Koking, Cixi Zhencheng, Zhejiang Rising.

On the first day of the exhibition, the two-day 32nd National Fastener Economic, Trade and Technology Conference was opened. At the meeting, Mr. Kangsheng Xue, President of the China Fastener Industry Association of China General Machine Components Industry Association made a report on the current situation and the development trend of the fastener industry, discussing on the market, development, manufacturing reform, and future of the fastener industry. Professor Qiang Zhu, famous international finance scholar and PhD supervisor of Fudan University, made a speech on the topic of “China's Current Economic Situation and Fiscal and Financial Policies”.

In addition, new technology and product release conference and 2020 Mysteel National Industrial Wire and Fastener Industry Chain Summit Forum were held during the show, covering topics such as digital factory in fastener industry, tightening technics and tools and digitalization of the sales process.

International Fastener Show China 2020 is hosted by China General Machine Components Industry Association, China Fastener Industry Association of CMCA, Shanghai Afastener Exhibition Co., Ltd. and Hannover Milano Fairs Shanghai Ltd. The next edition will be held from 14-16 November, 2021 at Shanghai World Expo Exhibition & Convention Center.

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Iris Chen

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E-mail: iris@afastener.com