Global manufacturing industry shifts to help China mold

China's mold industry is in a good state of development. With the vigorous development of the automotive, aerospace and medical industries, the domestic mold industry has provided a broad development platform. The mold manufacturing industry has been steadily advancing in the traditional market while actively exploring emerging markets. The current Chinese mold manufacturing industry is moving in the direction of high-end products and lower manufacturing costs.

China's stainless steel hardware demand increases. With the continuous improvement of China’s economic status and the continuous development of China’s hardware industry, China’s hardware products are also increasingly exported to other countries. The increase in overseas demand has directly boosted the output of China's domestic mold enterprises. At present, China's hardware mold has constituted a large economic scale, but due to the promotion of development methods, industrial structures, independent innovation, and brand building, domestic demand is boosted, and basic parts such as precision molds that are strong and have large radiation effects are taken as “10. The development of key industries in the 2nd five-year plan will strive to make it reach or approach the international advanced level.

“It is expected that with the support of the policy, by 2015, the sales volume of the high-end precision mold manufacturing industry will reach around RMB350 billion.” Mr. Luo Baihui said that the domestic high-end mold industry is shouldering the challenge of the important mission of localization of high-end equipment in China, and Taking into account the excellent R&D, manufacturing, and innovation capabilities of mold technology, we believe that in the future, we will be able to support the heavy responsibility of localization of major equipment in China.

Under the guidance of the Twelfth Five-Year Plan, China's high-end precision mold industry has formulated an industry development plan. It has formulated a policy of stimulating the development of the domestic mold industry with domestic sales and exports. Driven by various developments in rail transit, medical equipment, new energy, aerospace, automotive lightweighting, and rail transit, the level of China's mold manufacturing industry has been significantly improved. The mold industry has been steadily advancing in the traditional market while actively exploring emerging markets. Even marginal markets that were neglected in the past have also been developed. These factors have enabled the mold market to achieve remarkable results.

The shift of global manufacturing focus to China has provided a strong impetus for the development of China's mold manufacturing industry, and it has also raised higher and higher requirements for domestic high-end precision mold manufacturers. The current Chinese mold industry must focus on improving product quality and reducing manufacturing costs, and realize a strategic shift from "big" to "strong."