Mining Today

China's high-speed railway will be equipped with Jin billion global industry to large mining

Amoy
  Ministry of Railways has set up a China-US, Russia, Pakistan, China and Saudi Arabia, China and Venezuela, Burma, China-Kyrgyzstan-Uzbekistan, Poland, India and other foreign cooperation project coordination group to organize domestic enterprises to develop outside the railway engineering contracting and equipment exports market. At present, Shatemaijia pilgrimage light rail project is progressing well, the central and western Venezuela, the railway projects under construction, with the United States, Russia, Saudi Arabia and Brazil and other high-speed rail cooperation projects have made positive progress. Broad participation in bilateral, multilateral and regional railway cooperation, actively promote Trans-Asian Railway, vigorously develop the railway transport port.
    China's high-speed rail has attracted international attention, both Siemens and Alstom executives said on "China as exporter of high-speed railway," the concern that this worry. China Securities News, in 2010 the work of the meeting on the national railway, the railway modernization of China's achievements in the international community had a major impact, the railway, "going out" strategy has made important breakthroughs.
    British Transport Minister Alness said, "The British Government is considering building from London to Scotland high-speed railway, hopes to learn from other countries experiences in this field. China Railway have advanced technology and mature experience, the British side hopes and China's Railway Ministry to establish a good working relationship in depth, to promote friendship and pragmatic cooperation between the railways. "
    U.S. Commerce Secretary Gary Locke said, "The U.S. government also supported the U.S. high-speed rail project, the U.S. lagged behind in this field in China, Japan and some European countries. The United States hopes to learn from China in the field of advanced technology, high-speed rail." Just a few During the year, China's high-speed railway from the "introduction, assimilation" into the initial phase of the "output" stage.
    From November 1995 the formal inception, Jin billion industry has been developing smoothly, the largest growth in the domestic fastener industry leading enterprises. However, in 2008 the international financial crisis, its main export market share in a significant decline in the U.S., let Jin billion industry into a loss of embarrassment; its 2009 third quarter results show that the company is still loss of 12.2578 million yuan net profit.
    Encounter, while the international financial crisis, the ensuing anti-dumping let the already highly competitive domestic fastener industry as a whole into a predicament. Internal and external problems, the October 2008, Jin billion industrial shares all the way down, the minimum is only 3.53 yuan per share.
    At that time, nearly half of the entire industry into a cut-off state enterprise under the circumstances, LIAN Jin billion industry do not know, whether the way fasteners are still bright.
    Until last year, its high iron fasteners began to repeatedly bid tender, letting Jin billion industry recover self-confidence.
    Recovery in exports: the United States won the first battle of anti-dumping
    Prior to 2008, on the Jin billion industry for more than 50% of fastener products for export, the export share of the largest in the United States, accounting for more than 70%.
    However, the impact of financial crisis, the demand for the U.S. Fasteners sharply, which makes unexpected Jin billion industry, "the 2008 financial crisis, the development of our first setback in 10 years." Tu Jin-billion industry secretaries to directorate Zhiqing said.
    In 2008, the ambitious founder Caiyong Long Jin billion industry, had just dropped 100 million U.S. dollars building a production base of Shandong Jin Desheng, fasteners used to expand production capacity.
    "Worse" is one of a series of anti-dumping cases come one after another.
    September 24, 2009, Canada Border Services Agency (CBSA), following in April 2004 launched originating in or exported from China, carbon steel fasteners for "both sides" investigation, once again launched a further investigation.