China's mold will enter the ranks of world powers

Due to the continuous increase in labor costs in industrialized countries, they are forced to reduce their production costs and have to transfer mold production to developing countries, especially developing countries like China, which have a relatively good technological basis. Multinational companies purchase molds from China. The trend is still in development. The domestic mold industry is to take this as a breakthrough, and constantly strive to promote the improvement of the overall level of its industry to make it better. Domestically produced molds perform equally well in foreign markets.

The mold industry has progressed steadily in the traditional market while actively exploring new markets. Even marginal markets that were neglected in the past have also been developed. In the LED lighting and display, rail transportation, medical equipment, new energy, aerospace, automotive lightweight, rail transportation and other fields led by the development of China's mold industry has significantly improved the level. These factors have enabled the mold market to achieve remarkable results. According to statistics, China's molds have been exported to more than 170 countries and regions. The development trend of the domestic mold industry is mainly the development of mold products that are larger, more sophisticated, more complex and more economical.

After 12th Five-Year efforts, China's mold level has entered the ranks of Asia's advanced level by 2015, and after 7 years of hard work, it will surpass the United States and Japan in 2019 to reach the international advanced level, making China not only become a mold manufacturing country, but also Enter the world mold production and manufacturing power.