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Fastener enterprises need to know-on the advanced manufacturing enterprises value-added tax reduction policy points analysis.

Fastener enterprises need to know-on the advanced manufacturing enterprises value-added tax reduction policy points analysis.

Recently, the Ministry of Finance and the State Administration of Taxation issued the Announcement on the VAT Reduction Policy for Advanced Manufacturing Enterprises (Announcement No. 43 of 2023 of the Ministry of Finance and the State Administration of Taxation), specifying that from January 1, 2023 to December 31, 2027, advanced manufacturing enterprises are allowed to deduct the VAT payable by 5% according to the current deductible input tax.

08

2024

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01

2023 steel industry profits close to historical bottom 2024 part of the market demand to good, the overall operating pressure is still large

2023 steel industry profits close to historical bottom 2024 part of the market demand to good, the overall operating pressure is still large

In the face of the industry environment of insufficient demand for overcapacity and high cost of material decline, steel prices continued to fall in 2023, resulting in a sharp decline in the profits of iron and steel enterprises. Although the export and other aspects of the market have increased, the overall supply and demand pressure of the market is still obvious.

05

2024

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01

Green revolution in the fastener industry: the rise of environmentally friendly materials and sustainable production

Green revolution in the fastener industry: the rise of environmentally friendly materials and sustainable production

After the industrial revolution of the 20th century, fasteners became the cornerstone of various products and equipment. However, with the acceleration of industrialization, the pollution problem in the production process of fasteners has gradually emerged. With the continuous development of the global economy, the fastener industry is also making progress. In recent years, green manufacturing and environmentally friendly materials have become the latest hot spots in the fastener industry, leading the industry to a new height.

22

2023

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12

2024 domestic and foreign fastener exhibition schedule (worthy of collection)

2024 domestic and foreign fastener exhibition schedule (worthy of collection)

Next year, there will be 35 large-scale fastener exhibitions, including 10 domestic exhibitions and 25 international exhibitions.

15

2023

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12

Fastener industry competition pattern and market size, development trend

Fastener industry competition pattern and market size, development trend

There are many fastener manufacturers in China, but most of them are small in scale, showing a competitive pattern of "many but weak" and "small and scattered. Many small enterprises have relatively weak technical strength, mainly producing low-end products, resulting in fierce competition in fastener products.

27

2023

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10

Heavy! India launches anti-dumping investigation on "fasteners" originating in China

Heavy! India launches anti-dumping investigation on "fasteners" originating in China

On September 22, 2023, the Ministry of Commerce and Industry of India issued a notice to initiate an anti-dumping investigation on fasteners originating in or imported from China. The dumping investigation period is from April 1, 2022 to March 31, 2023, and the injury investigation period is from April 1, 2019 to March 31, 2023.

20

2023

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10

Fasteners necessary screw knowledge treasure book, worth collecting!

Fasteners necessary screw knowledge treasure book, worth collecting!

18

2023

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10

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Overseas Chinese Fasteners

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Mailbox:yxxs@hqfastner.com

Address: No.8, Xingtai Road, Chuanshan Town, Liujiang District, Liuzhou City, Guangxi Province

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