EU Chamber of Commerce clarifies: China does not force foreign-investment parts to establish joint ventures


According to Reuters news recently, the European Union Chamber of Commerce in China issued a statement on its official website saying: China will not force foreign auto parts companies to set up joint ventures in China.

Last week, the head of the German auto parts manufacturer ElringKlinger once told the German “Stuttgart Daily” that China has urged German three auto parts companies to establish joint ventures with local Chinese competitors. Although the newspaper pointed out that Bosch, Continental, and Leoni have all indicated that they have not received such notification, this news has caused anxiety among European companies. The European Union Chamber of Commerce in China stated that recently Chinese regulators have stepped up their anti-monopoly investigations for industries including autos and parts manufacturing. The false rumor described above may be a misunderstanding of individual foreign-funded enterprises during the sensitive period regarding official 2011 suppliers' restriction measures in the field of electric vehicles. The European Union Chamber of Commerce in China has communicated with the companies involved in the rumor, the relevant departments of the Chinese government, the China Automobile Industry Association and its large number of automotive industry members.

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Color Steel Coil

Color steel coil is a kind of composite material, also called Color Steel Sheet. It is a product made of strip steel after continuous surface degreasing, phosphating and other chemical transfer treatments on the production line, and then coated with organic paint and baked. The Color Coil has the advantages of both steel sheet and organic materials. It not only has the mechanical strength and easy forming performance of steel plate, but also has good decoration and corrosion resistance of organic materials.

The coating types of color coated steel coils can be divided into: polyester (PE), silicon modified polyester (SMP), polyvinylidene fluoride (PVDF), high weather resistance polyester (HDP), clinker sol.In addition, we are now focusing on the development of new coatings, improving general polyester, polyvinylidene fluoride (PVDF) and plastisol to obtain super color reproducibility, UV resistance, sulfur dioxide resistance, and corrosion resistance; development of pollution resistance, Functional coatings such as heat absorption.

Color steel materials are divided into five categories: packaging, home appliances, building materials, optical materials and decorative materials. Among them, the color steel materials for home appliances have the best and most refined technology and the highest production requirements.


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Jinan Hengming Steel Co., Ltd , https://www.jnhengmingsteel.com