Yingxing's Diary

Yingxing's Diary

Yingxing Industry Diary

Quick Look | Weekly Industry News Roundup (Oct. 13–Oct. 19)

On October 20, the National Bureau of Statistics released data showing that, according to preliminary calculations, China’s GDP for the first three quarters of 2025 totaled 101,503.6 billion yuan, representing a year-on-year increase of 5.2% at constant prices. Economic performance during the first three quarters remained stable with steady progress, and high-quality development has achieved positive results. By sector, the value added of the primary industry reached 5,806.1 billion yuan, up 3.8% year-on-year; the value added of the secondary industry reached 36,402 billion yuan, an increase of 4.9%; and the value added of the tertiary industry reached 59,295.5 billion yuan, up 5.4%.

2025-10-20

Yingxing Industry Diary

[Industry Analysis] The wire and cable industry is poised for steady growth: With a CAGR of 4.0% over the next few years, its market potential is evident.

In the steel industry, wire rod—a key product—often referred to as "coil bars" because it is delivered in coiled form, typically refers to small-diameter round steel bars wound into coils. The diameter of coil bars generally ranges from 5 to 19 mm, with 6 to 9 mm being the most common. The lower limit of their diameter corresponds to the minimum cross-sectional dimension of hot-rolled steel products. In terms of commercial form, coil bars are usually supplied in coiled packages. In the construction sector, coil bars with diameters of 6, 8, 10, and 12 millimeters are particularly prevalent, and they are predominantly made of low-carbon steel. However, coil bars are generally not used as main reinforcement in reinforced concrete structures; instead, they are more commonly employed for manufacturing rebar sleeves. Additionally, smaller-diameter coil bars may be used in brick-concrete structures as "brick-reinforcing bars."

2025-09-29

Yingxing Industry Diary

【Macroeconomics】In the first half of 2025, China’s GDP totaled 66,053.6 billion yuan, representing a year-on-year increase of 5.3%.

In the first half of the year, under the strong leadership of the Party Central Committee with Comrade Xi Jinping at its core, all regions and departments earnestly implemented the decisions and deployments of the Party Central Committee and the State Council, adhered to the general tone of seeking progress while maintaining stability, fully, accurately, and comprehensively implemented the new development philosophy, accelerated the establishment of a new development pattern, coordinated domestic economic work with international economic and trade struggles, and effectively carried out more proactive and effective macro policies. As a result, the national economy withstood pressure and rose to challenges, with overall economic performance remaining stable and showing steady improvement. Production and demand grew steadily, the employment situation remained generally stable, residents’ incomes continued to rise, new growth drivers expanded and strengthened, high-quality development achieved new progress, and the overall social situation remained stable.

2025-07-16

Yingxing Industry Diary

[Industry News] China's Fastener Export Situation from January to March 2025

From January to March 2025, China’s exports of fasteners totaled 1,431,087 tons, an increase of 215,101 tons, or 17.8%, compared to the same period last year. The value of these exports reached 27,387.18 million U.S. dollars, up by 198.859 million U.S. dollars, or 8.2%, year-on-year. In March 2025, China’s exports of fasteners amounted to 498,613 tons, with a total export value of 99,660.2 million U.S. dollars.

2025-05-29

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