Since four out of five Britain-made cars are exported, with half going to the EU and two-thirds to nations with an EU trade deal, striking a deal with the EU is the priority for the car industry in Britain.

However, as Britain's third-largest car export destination following the EU and the United States, China is also a highly attractive market with huge potential.

In June 2019, the SMMT signed a cooperation agreement with the China Association of Automobile Manufacturers, which facilitates exchanges of information about market trends, business opportunities and trade between the two countries.

China's new car market went through exponential growth. It's the biggest new car market in the world. Emma Butcher, SMMT's head of communications.

Butcher spoke highly of the mutual cooperation, noting that both sides are doing a lot more work together in terms of innovation, collaboration on projects and investment.

China has a huge potential for car market, which means automotive fasteners are in great demand in China. If you want to expand your business in China, International Fastener Show China is the show that you can't miss.

Brand Fastener Companies have been joining International Fastener Show China. Please check it!