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China International Industrial Fasteners
Exhibition & Purchase Center
Since September last year, when the ‘CIFC’ CIFC has undoubtedly accumulated support marketed to both Chinese and international
concept was first presented at a seminar in from a wide range of organisations including companies. The first two years occupation are
Stuttgart just before the Fastener Fair, there the Haiyan Industrial Fastener Institute, Jiaxing being offered rent free, although there are
has been considerable speculation exactly Fasteners Import & Export Manufacturers monthly management and service charges.
how and when this project would Association, as well as the Government of Further phases envisage an exhibition and
materialise. On a recent visit to China this Haiyan. It also appears to have the approval of procurement centre, R&D and technology
magazine attended a symposium and trade the China Industrial Fastener Association, one of facilities, a business centre and an e-commerce
fair at the CIFC site in Haiyan. Phil Matten six national associations under the umbrella of platform. The overall project was originally
reports. the Beijing-based China General Machine scheduled for completion in 2010 with CIFC
Geography is important in beginning to Components Industry Association. The CFIA aiming to win the involvement of 2,200
understand what CIFC is about. Haiyan is a small counts around 1,500 fastener factories across companies. No question that the vision and the
town in the Zhejiang Province, south of China in its membership. detailed models now on display at Haiyan are
Shanghai and on the coastline of Hangzhou Bay. Most significant, certainly in terms of ambitious and comprehensive, reflecting a
Significantly, it is closely located to the northern international promotional activity, is the role of stated objective of making CIFC the biggest
‘landfall’ of the 6-lane, 36 kilometre long the Zhejiang Sub-Council of the China Council for fastener purchasing and trading centre in China.
Hangzhou Bay bridge – the longest sea-crossing the Promotion of International Trade (CCPIT). Physically on site one relatively small
bridge in the world. On 1 May the bridge Officers of this organisation were responsible for building is currently complete, located at the
opened to traffic cutting road distance from organising the seminar at Stuttgart and for corner of the massive area allocated to the
Ningbo to Shanghai by 120 kilometres. arranging our visit to CIFC at Haiyan. For this we project. This is effectively a showroom for the
Estimates vary about how many fastener owe thanks to the courtesy of Mr Zhang Xiao site, comprising reception and offices; high
factories there are in Haiyan County and the wei, who is also board chairman of Zhejiang definition 3D models of the CIFC plan and its
tonnage they output. Figures we have been Expo, and the kind assistance and welcome of location in relation to the bridge and
given vary from 1,500 to 2,000 factories, with Shen Chaoyan, vice manager. surrounding cities; and two examples of the
2006 output between 700,000 and 850,000 ‘showrooms’. These are ‘occupied’ by Gem Year
tons, of which 70% is reckoned to have been Vision and substance and Jiaxing Brother Fastener Company Limited –
exported. Haiyan claims to export half of the nut The vision is a 500,000 square metre two industry leaders, carefully selected, no
production of Zhejiang Province, a credible complex, in an industrial area just outside doubt, to encourage the participation of others.
assertion if Zhejiang Zhapu Industrial Co., Ltd is Haiyan, which will become the Chinese centre Construction of phase 1 of the project is most
counted in the area. for promoting, exhibiting and trading in certainly well under underway and, we were
fasteners. Primarily that, of course, means assured, is scheduled for completion by Autumn
Investment and support Chinese produced fasteners although members 2008. CIFC says that it already has 700 Chinese
Primary investor in CIFC is the Ganglong of both the CCPIT and CIFC teams emphasise the fastener companies signed up to occupy this
Investment Group, reported to have committed importance of involving international fastener phase, and additionally 100 international
RMB1.1billion – around 100 million euros - to businesses. The first phase, covering over half of companies have also committed. At this stage a
the project. President of the Group is Cai the area, is intended to provide fastener detailed list has not been provided.
Zhiyuan. A Ganglong subsidiary, Haiyan businesses with an exhibition and transaction
Ganglong CIFC Investment Co., Ltd, is the base at CIFC – effectively a small showroom and Symposium and trade fair
developer. sales office each. These facilities are being For the two-day symposium and
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