The “Belt and Road” initiative has been proposed for many years, and people from all walks of life have become pioneers, successfully exploring the markets of countries along the Belt and Road, and some people have no clue about the “Belt and Road” and do not know where to start.

    Huanghua Luoxi Trading Co., Ltd. is a traditional fastener company. Although its export volume is not large, it attaches great importance to developing emerging markets. At the Canton Fair in the first half of this year, it successfully developed the African Nigerian market. One of its major customers has annual demand. The volume reached 100 cabinets, and it also opened up the Myanmar market, of which 20% was exported to Myanmar; Huanghua Rossi Trading Co., Ltd. was originally a major market in Europe and the United States. Thailand, Indonesia, Malaysia and other emerging markets; Haiyan Fastener Factory started relevant trade with Africa a few years ago, and the market is now very mature; Huanghua Luoxi Trading Co., Ltd. is a major producer of electricity and highway fastening In recent years, products have been exported to Africa, including Mozambique, Somalia, Senegal and so on.
    These successful cases are just the tip of the iceberg, and practitioners in more industries are actively exploring emerging markets. So how can we take the first step?
    It is reported that there will be hundreds of international buyers from dozens of "Belt and Road" countries at the upcoming China · Jiaxing Fastener Industry Expo 2019 in Jiaxing International Convention and Exhibition Center on November 7-8. They all came with a clear "big order"! If you are interested, you may come here first to explore the way to see the development prospects of these markets.
    At this year's exhibition, it has been determined that Italian buyers are looking for high-precision fastener molds; Iranian buyers have greater demand for automotive, medical, and aviation fasteners; buyers from Mongolia are looking for A variety of stainless steel drill tail nails; buyers in Pakistan seem to like testing equipment, including tensile machines, hardness testers, impact testing machines, spectrometers, smoke testing machines, and so on.
    Others are from Kazakhstan, Algeria, Bangladesh, India, Vietnam, Nepal, Russia, Ukraine, Romania, France, Germany, Canada, Morocco, Egypt, Yemen and other countries. The range of products purchased is also very wide, including almost all bolts, screws, nuts, washers, molds, racks, bearings, automotive fasteners, connectors, hardware, wire rolling machines, heading machines, nodular annealing furnaces, etc. Fasteners and related products.
Why should we develop the “Belt and Road” market?
1. The fastener company itself should adopt a market diversification thinking when opening up the market. On the one hand, it can compare the advantages and disadvantages of each market, and on the other hand, it can avoid the risks caused by a sudden change in the market situation.
2. The reality of the Sino-US trade war has made us more aware that no market is absolutely stable. Once we turned the market to the United States because of the 9-year anti-dumping initiated by the EU against us, but now the US market is also unreliable. Finding emerging markets is naturally a matter of urgency. In addition to these, we also face trade frictions in many other countries: Since the beginning of 2019, South Africa has launched safeguard investigations on our bolts, screws, studs and hex nuts, and Canada has launched a "double counter" investigation on our carbon steel fasteners. The ensuing trade friction increased the export resistance of enterprises.
3. The "Belt and Road" is an important national policy and the direction of future development. In recent years, the cooperation between China and these countries has also maintained a good growth trend, which has made our trading partners more diversified.
4. The countries along the “Belt and Road” are themselves at an important stage of development. The government is engaged in infrastructure construction, and there is a strong demand for fasteners, hardware, and supporting products. Prices are generally higher than domestic prices, plus policy support and preferential tariffs. A series of factors can be said to be full of business opportunities.
In addition, at this year's Jiaxing tight expo, in addition to buyers from the Belt and Road countries, there are also multiple "Belt and Road" theme forums arranged by the organizer to help you analyze market opportunities, solve your doubts and help you develop If you are interested in emerging markets, you must not miss it.