May 20, 2024

Casting mold development opportunities

Casting mold development opportunities In terms of long-term development, China's economy has maintained sustained growth. China's molds have grown at an average rate of 18% in recent years, and casting molds have grown at a rate of 25%, which is more than double the average value of China's GPD. Future casting molds The overall demand will increase further.

Foundry mold companies need to change mechanisms, develop specialized production, increase market awareness, and promote industrial restructuring of the foundry mold industry. In the past, under the condition of planned economy, large-scale enterprises had a mold branch (workshop) within the large-scale enterprise. The manufacturing capacity and technical strength were strong and accounted for a considerable proportion of the domestic mold production value. Except for a few standard parts purchased, most of the workload was By the mold factory to complete, resulting in a low degree of specialization and standardization. Coupled with the constraints of the enterprise management system, mold manufacturing cycle is long and can not meet the market requirements. After entering wto, the Chinese foundry mold industry is gradually integrated into the world trade integration. Through thorough reforms, the impact of the planned economy will be eliminated. To this end, the degree of commercialization of molds will also be greatly improved. The pace of transformation of state-owned enterprises will be accelerated, and the development of private and individual companies will cause major changes in the structure of the mold industry. .

The socialization and specialization of the mold industry will be strengthened. This is an effective measure to resist the impact of joining the World Trade Organization. Some of the traditional mold shops in the company will be transformed into new economic entities that are independently accounted for, and most of them will be phased out. More mold companies will embark on the path of specialization and maintain their advantages in products of their own specialty. The special and refined way can survive and develop in the competition. The standardization of molds will also be further promoted, and the standard parts manufacturing companies of molds will also develop rapidly.

Moulds are a combination of technology-intensive and labor-intensive industries. China has excellent talents, high skills in mold fitters, and low labor costs. After entering wto, China’s investment environment has been further improved, foreign investment can enjoy national treatment, there will no longer be foreign exchange balance, export quotas, so the Chinese mold industry will have more Sino-foreign joint ventures and foreign-owned Mold enterprise. At the same time, the outward shift of manufacturing production points in Japan, Singapore, and Taiwan and other countries and regions is irreversible. The more open mainland China is naturally the first choice, and mold companies are bound to follow suit.

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