Yongnian District Holds a Press Conference on Fastener Market Winning the 13th Top 100 Comprehensive Chinese Commodity Markets

Dear journalists

Welcome to today’s press conference.

The theme of this press conference is “Yongnian Fastener Market won the 13th Top 100 Comprehensive Chinese Commodity Markets”.

Today, we cordially invite Comrade Wei Shizhao, Secretary of the Party Group and Director of the Market Supervision and Administration Bureau of Yongnian District, to introduce the relevant situation of Yongnian Fastener Market winning the 13th China Commodity Market Comprehensive Top 100. At the same time, we also invited Zhao Xianyong, the director of the Fastener Industry Development Service Center, and Wang Dianguang, the second level chief clerk, to answer everyone’s concerns.

Also attending today’s press conference are journalists from Handan Daily, Handan Evening News, and Yongnian Integrated Media Center. Welcome everyone and thank you for your long-term relationship and support in market supervision. Firstly, please welcome Wei Shizhao, Secretary of the Party Group and Director of the Yongnian District Market Supervision Administration, to release the information on Yongnian Fastener Market winning the 13th Top 100 Comprehensive Chinese Commodity Markets.

Dear media friends

Hello everyone!

Today, we are holding a press conference to announce that the Yongnian Fastener Market has won the 13th Top 100 Comprehensive Chinese Commodity Markets. We would like to express our sincere thanks and warm welcome to all media friends for their visit!

On November 8th this year, the 13th China Commodity Market Summit, hosted by the State Administration for Market Regulation and the Zhejiang Provincial Government, was held in Yiwu, Zhejiang. The “Top 100 Comprehensive Chinese Commodity Markets” list was released on site, and Yongnian Fasteners Market ranked 21st on the list. This is also the third consecutive time that Yongnian Fasteners has received this honor at the China Commodity Market Summit. Below, I will briefly release the relevant information.

Introduction to Yongnian Fastener Market

Yongnian is known as the “Capital of Fasteners in China” and is the largest distribution center for fastener production and sales in the country. After more than 60 years of development, the fastener industry cluster in Yongnian District has developed into one of the 107 county-level characteristic industry clusters supported by national small and medium-sized enterprises and provincial key support.

There are currently 17 townships and 363 administrative villages in Yongnian District, with over 200 villages and 300000 people engaged in the production and sales of fasteners. The product categories include more than 50 major categories, including bolts, nuts, rigging, and special-shaped parts, with over 10000 specifications and models, covering all types of fasteners. In 2022, the production of fasteners reached more than 5.6 million tons, a year-on-year increase of 14.3%; The output value was 38.5 billion yuan, a year-on-year increase of 12.5%; The operating revenue was 34.75 billion yuan, a year-on-year increase of 10.1%; Paid a tax of 530 million yuan.

Especially, the well-established fastener sales market and network have played a positive role in the development of the industrial cluster. The Yongnian Fastener Market consists of six major sales markets, including China Feiyu Screw World, International Fastener Hardware City, China International Fastener Industry City, China Yongnian Fastener City, Hebei Pu Fastener Mall, and Fastener Ten Mile Corridor. The market has a business area of over 600000 square meters, with 7624 operating stores, 2460 e-commerce online stores, and more than 50000 employees. Not only do we sell Yongnian fastener products, but also well-known enterprises in the fastener industry such as Chunyu, Jinyi, Pengchi, and Tianbao in Shanghai, Wenzhou, Ningbo, and Haiyan have set up distribution offices in the Yongnian fastener market, selling approximately 300000 tons of products from other regions each year. It can be said that the Yongnian fastener market has achieved “buying nationwide and selling nationwide”.

In the past five years, in order to expand the popularity of the Yongnian fastener market nationwide and help Yongnian fasteners grow and strengthen, the Yongnian District Market Supervision Bureau has attached great importance to it and established a special guidance and assistance leadership group to promote the development of fasteners. It has taken the initiative, conducted in-depth research, coordinated with multiple parties, and actively competed. It is believed that the Yongnian fastener market has the largest fastener production base in the country, the largest professional fastener sales market, the widest fastener logistics center, the most complete fastener sales network, and the most complete fastener industry chain. We meet the requirements for applying for the top 100 markets in China. Therefore, we will take multiple measures to help the fastener market tighten the “China Commodity Market Comprehensive Top 100″ sequence. Our main work includes the following aspects:

1、 Enhance ideological awareness, unite and promote development. The Market Supervision Bureau of Yongnian District attaches great importance to it and has held two meetings to discuss and deploy the application work for the top 100 markets in China. Established a team led by the Secretary of the Party Group and Director of the Bureau, with the leaders in charge of the Bureau serving as deputy team leaders, and members of relevant business departments and regulatory agencies, specifically responsible for the application work for the top 100 markets.

2、 Strict product inspection, improving quality and promoting development. In order to promote the high-end development of the fastener industry chain in our region, we adhere to the principle of quality first and efficiency priority, take improving product quality as the main focus, strengthen quality sampling, and strictly supervise quality. This year, 345 batches of fasteners were randomly inspected, and 3 batches of unqualified products were investigated and dealt with.

3、 Promote “double random” regulation, optimize the environment and promote development. Fully implement “double random and one open” supervision, and resolutely avoid random inspections, multiple inspections, and duplicate inspections. Improve the mechanism for repairing corporate credit and implement various institutional measures such as inclusive and prudent supervision. For those who meet the exemption criteria, no punishment shall be imposed in accordance with the law. Since the beginning of this year, joint random department inspections have been conducted on key fastener enterprises.

4、 Strengthen e-commerce cultivation, expand channels to promote development. Develop an e-commerce assistance activity plan, strengthen the promotion of laws and regulations such as the E-commerce Law, organize e-commerce training, and organize e-commerce training every two months in the fastener industry city and screw world to help expand sales channels in the market. Spreading e-commerce promotional pages in the fastener ten mile corridor, e-commerce is rapidly developing in the market. Since the beginning of this year, there have been 2460 e-commerce online stores in the market, with over 50000 employees.

5、 Implement intellectual property assistance, establish a brand to promote development. To help fastener enterprises grow and strengthen, our bureau implements a trademark strategy and actively assists in the application of trademarks for fasteners. Li Ligong from Handan Ligong High Strength Fasteners Co., Ltd. has been recognized as a well-known trademark in China; The Yongnian Fasteners Association of Yongnian District has designated “Yongnian Fasteners” as a collective trademark. Since the beginning of this year, our district has applied for 1440 registered trademarks, with 680 registered cases and 8132 valid registrations.

The commodity trading market is a platform and carrier for commodity trading, a barometer and display of economic development. The Yongnian Fastener Market has won the honorary title of “China’s Top 100 Markets” for three consecutive times, becoming a booster to promote Yongnian Fasteners to go out of China and contribute to the world. Next, the Yongnian Market Supervision Bureau will continue to make efforts to optimize the business environment and assist in the high-quality development of the fastener market. Based on the actual situation of Yongnian, it will vigorously promote the cultivation of the top 100 markets in the region, with the Yongnian Zhongyuan Agricultural and Sideline Products Wholesale Market as a key cultivation target. It will solidly promote the trademark brand strategy, deepen the guidance of trademark registration, continuously improve the trademark cultivation and assistance mechanism, and form a good pattern of market development led by well-known trademarks and coordinated development of famous trademarks, making new achievements for the high-quality development of Yongnian’s economy and society!

Thank you all!

Thank you Comrade Wei Shizhao for his wonderful release. Next, we will enter the journalist’s question section. Please raise your hand to ask questions.

Handan Daily: What is the role of Yongnian Standard Parts Market being rated as one of the “Top 100 Comprehensive Markets” in promoting the growth and strength of the standard parts industry in China?

As the largest professional sales market for fasteners in China, Yongnian Fastener Market was first selected as one of the “Top 100 Comprehensive Markets” in the 11th China Commodity Market Summit in 2019. On November 8, 2023, it was once again awarded the honorary title, which played a positive role in driving the expansion and strengthening of fasteners in the entire region. In recent years, Yongnian District has taken the opportunity of being recognized as one of the “Top 100 Comprehensive Markets”, focusing on the development positioning of building a global fastener industry production and sales distribution center, adhering to the comprehensive improvement of factor endowment structure, fully leveraging the decisive role of the market in resource allocation, focusing on problems, filling gaps, and consolidating advantages. By upgrading market infrastructure, improving logistics facilities and equipment such as warehousing, sorting, processing, and distribution, and cooperating with China National Machinery Corporation, Hebei Zhongji Testing Technology Co., Ltd. has been established, and the only provincial-level fastener product quality inspection institution in Hebei Province – Hebei Province Fastener Product Quality Supervision and Inspection Center has been established. The commodity market has strengthened quality inspection and improved product quality and safety. The establishment of Hebei Fastener Industry Technology Research Institute and Hebei Fastener Industry Association has guided enterprises to eliminate outdated equipment, introduce advanced technology, equipment and talents, increase R&D investment, and promote the expansion, optimization, and strengthening of the Yongnian fastener market and industry. From multiple aspects, it has comprehensively created a modern comprehensive commercial market with strong industrial chain supply chain service functions and integrated online and offline development, achieving a more stable production and sales linkage mechanism, a more significant industrial radiation driving effect, and an effective improvement in commodity circulation efficiency.

Thank you Comrade Zhao Xianyong for his answer. If anyone else has any questions, please raise your hand.

Handan Evening News reporter: The significance of the honorary title evaluation of the top 100 comprehensive commodity markets in China?

The national “Top 100 Comprehensive Markets” list is based on research conducted nationwide by the State Administration for Market Regulation, taking into account the level of market hardware infrastructure, software standardization, service awareness, ability, and level. It is calculated based on indicators such as scale, management personnel, income, and profit, and is issued every two years to select a group of commodity markets with “wind vane” demonstration significance. On November 8, 2023, the 13th China Commodity Market Summit, hosted by the State Administration for Market Regulation, was held in Yiwu, Zhejiang Province, and the list of the “Top 100 Comprehensive Markets” in China was released. The Yongnian fastener market has been awarded the title of “Top 100 Comprehensive Markets” for three consecutive times since 2019. The honorary title of the Comprehensive Top 100 Market is of great significance to the local standard parts industry, economy, and social development. It has important positive significance in improving the industry image, building industrial clusters, researching and developing high-end products, and increasing the visibility of Yongnian District. It also plays a positive role in promoting the economic development of Yongnian District, driving the development of a number of related industries, and has a positive impact on many industries such as construction and decoration, furniture and home appliances, small hardware, and plumbing in Yongnian District. It can also alleviate employment pressure, maintain social stability, and increase resident income. The social benefits are also significant, which can improve the level of urban construction, meet the needs of economic development and people’s lives, and play a positive role in improving the investment environment, expanding opening up to the outside world, and driving economic growth.

Thank you Comrade Wang Dianguang for his answer. That’s all for today’s reporter’s question session. Thank you again to the media at all levels for their attention to the fastener work in Yongnian District. If you have any further questions, please continue to follow after the meeting.

This concludes the press conference. Thank you all-