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China's automotive mold industry has entered a stage of rapid development

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The mold industry is called the “golden industry” in the true sense. The same is true for the automotive mold industry. In recent years, with the introduction of a series of favorable policies, it has also brought a broader market space and growth opportunities for the development of China's automotive mold industry.
 
At present, China's automotive mold market is unprecedentedly active. With the strong support of the country, the mold industry has developed rapidly, and the annual growth rate of automobile molds is also very high. The huge demand for automotive molds has promoted the unprecedented dynamic of the automotive mold market. Today, automotive molds have a radiation-free impact on the development of the regional economy due to their high production efficiency, good product quality, low material consumption, and low production costs.
 
Shangpu Consulting Machinery Industry analyst pointed out: At present, China's automotive mold development potential is very huge. The quality of stamping dies is in short supply in the automotive industry; the demand for die-casting molds in the automotive parts and equipment manufacturing industries has soared; the role of injection molds in the development of household appliances and other industries is also great. With the support of national and local industrial policies, the domestic auto mold market has prospered, and more and more international capital has been transferred to the country.
 
There are two main reasons for international capital to move to China: First, because international capital sees the Chinese market, China has abundant labor resources, natural resources and technical resources. China has become the world's second largest automobile producing country and has become the world's manufacturing industry. Base; Second, multinational companies have come to China to purchase automotive molds, especially low-end molds, the purchase volume is very large, objectively driving the export of China's automotive molds, but also reducing the price of automotive molds in the international market.
 
According to the "2012-2016 China Auto Mould Market Analysis and Investment Value Research Report" released by Shangpu Consulting, it can be clearly seen from China's mold export situation that China's auto mold industry has entered a stage of rapid development. However, China's export of mold products are mostly low-end products. In the high-end market of developed countries in Europe and America, the market share of China's products is still very low.