The first phase project of CIFC (China International Industrial Fasteners Exhibition & Purchasing Center) will be soon completed. On January 22, President of CMCA (China General Machine Components Industry Association)Mr. Liu Yuanjie and Secretary-General Ms. Di Minjie, accompanied by the leaders of CIFC, made a survey of CIFC's project field.

General Manager of CIFC Mr. Cai introduced the project model and the field of the first phase project. He also explained their overall management ideas, market positioning, investment status, project schedule, etc.

Having surveying CIFC, Liu Yuanjie said, Haiyan, located in Yangtze Delta where the economy grows the fastest in China, has a good location compared with other fastener production areas. He added, the rapid development of our manufacturing stimulates the development of manufacturing service industry. While manufacturing service industry will drive the growth of manufacturing. CIFC, based on two fastener production areas—Haiyan and Ningbo, provides a good logistic and service platform for China fastener manufacturers, buyers and traders from home and abroad. It has a clear market positioning, which will greatly improve and integrate China and international fastener industry.

It is learned that Haiyan fastener industry has shaped a full range of industrial chains, from material supply, production and equipment manufacturing. Haiyan's fastener industry ranks top in China in terms of production scale, product level, application of new technology, brand building, etc.

Currently, more than 700 fastener enterprises all over the country have joined the first phase of CIFC. In addition, along with the beginning of overseas investment, over 20 international buyers, such as Bakker group from Germany, SUARCOM from Spain, Chinebec from Canada, etc. have joined CIFC one after another.

Translated by Alice
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