German local time on June 13 morning, the global foundry industry colleagues will again focus on the German Dusseldorf exhibition center, in the neck of all, eagerly awaiting, organized by the China Foundry Association "China Day" special theme activities in the GIFA exhibition area, Hall 15, Booth E01 successfully opened! China Foundry Association President Zhang Libo said in his speech: "Today, we return to the GIFA event after four years, after a special period of more than three years of the epidemic, and new friends and old friends gathered again, the mood is incredibly excited."   In recent years, the global economy has inevitably been affected in many ways by the epidemic, and the manufacturing industry has experienced multiple pressures and difficulties in natural resources, transportation and traffic, manpower and operating costs; and the Chines...

 On May 8-11, METAL CHINA 2023 was successfully held at the National Convention and Exhibition Center (Tianjin), bringing together thousands of exhibits from the entire industry chain and nearly 1000 well-known enterprises from over 30 countries and regions, showcasing and opening a new chapter in the high-quality development of the foundry industry.  The exhibition covers an exhibition area of over 80,000 square meters, with a total of 6 themed pavilions and over 100 supporting events, attracting 127,616 professional visitors from more than 30 countries and regions. As the first regular event in the post-pandemic era, METAL CHINA once again showcases its industry influences with its 36-year history. The exhibition hall is filled with joyful and fruitful atmosphere, most of the exhibitors and visitors said, “there are many visitors visiting o...

Source: Xinhua 2023-01-15 05:12:15 Vucic pointed out the importance of the high-speed railway for developing industry, business and tourism, and attracting investors to North Serbia. NOVI SAD, Serbia, Jan. 14 (Xinhua) -- The Serbia section of the Chinese-built Belgrade-Budapest railway, once completed, will prove to be of immense importance for the country's economy and local development, Serbian President Aleksandar Vucic has said on Saturday. Vucic, accompanied by Serbian Minister of Construction, Transport and Infrastructure Goran Vesic and Chinese Ambassador to Serbia Chen Bo, visited the village of Stepanovicevo, where the railway section connecting Novi Sad and Subotica is under construction. Vucic pointed out the importance of the high-speed railway for developing industry, business and tourism, and attracting investors to North Serbia....

Automotive production in Mexico has not yet rebounded to pre-Covid levels. Nevertheless, numerous suppliers are planning new plants in the country. Logistics processes in Mexico's automotive industry are running more smoothly again after being stalled by the lockdowns. The supply of semiconductor chips has also stabilized. In the first half of 2022, around 1.7 million cars rolled off the production lines at automotive plants in the Latin American country, 3.9 percent more than in the corresponding period the previous year.  However, the sector is threatened by falling demand from the USA due to the slowing economic growth there. In 2021, around 91 percent of vehicles manufactured in Mexico were sold abroad, the majority of them to the USA.    Primarily Suppliers Are Investing in Mexico  No sector in Mexico attracts more foreign direct in...

The abolition of the export duty on steel in India may increase the import of cheaper products to the domestic market of Turkiye Steel companies in Turkiye fear an increase in the import of cheaper steel products from India into the country after the Indian authorities canceled the export duty on steel. Ekonomim reports about it. Turkish steelmakers are worried about the lifting of tariffs by one of its biggest rivals, India, at a time when high energy costs are hampering the competitiveness of local steelmakers. “After India abolished duties on exports of steel products, local producers were concerned about the possible aggressive entry of Indian steelmakers into the Turkish domestic market. In addition, competition between the two countries is expected to increase in other markets,” the report said. Steel production in Turkiye in October 2022 dec...

Source: November 26, 2022 16:25    Xinhua BEIJING, Nov. 26 -- China has approved the establishment of comprehensive pilot zones for cross-border e-commerce in another 33 cities and regions, in its latest bid to boost foreign trade growth. This is the seventh batch of such pilot areas, which lifted the tally to 165 across the country. Many of the latest batch of comprehensive pilot zones for cross-border e-commerce are located in central and western China as well as the country's border areas. The pilot zones are expected to help facilitate the transformation and upgrading of traditional industries, and optimize and upgrade foreign trade. China's cross-border e-commerce has been growing fast in recent years. Its trade volume has ballooned by nearly 10 times in the past five years, reaching 1.92 trillion yuan (about 269.14 billion U.S. dollars) ...