Fastener sales and production of Wenzhou City are expected to reach RMB20 billion in 2016 with the growth of 5%.
The domestic market growth will increase 5.8% largely contributed by the car and motorcycle industry which sees a growth of about 15% to RMB 3.5 billion, while the exporting market will decrease 3.08% to only RMB 15.05 million due to the current international downturn. (…)
via Wenzhou Fastener Sales and Production Expected to RMB20 bn in 2016.