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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.
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.
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.
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.
In today's digital age, enterprise competition is becoming increasingly fierce, in order to improve production efficiency, reduce costs, improve product quality, more and more enterprises began to introduce MES(Manufacturing Execution System, production execution system) production management system.
Dongfeng Liuqi Commercial Vehicle QCDD Field Evaluation
On November 7, the QCDD on-site inspection and evaluation team of Dongfeng Liuqi Commercial Vehicle visited Liuzhou Overseas Chinese Fastener Co., Ltd. to conduct inspection and exchange on the win-win development of both sides. All departments of the company actively participate in the meeting exchange and on-site evaluation work carried out by Liuqi inspection team.
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