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Eptech-Technology Leads the Future

2022

How strong is China's mold? Output value accounts for 1/3 of the world

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Recently, the 19th China International Mould Technology and Equipment Exhibition opened in Shanghai. The reporter learned that in 2018, China's mold consumption was 255.5 billion yuan, accounting for about 1/3 of the world's mold consumption, and the mold output value also accounted for more than 1/3 of the world's total mold output value.

According to customs statistics, China's mold exports exceeded US $5 billion in 2015, and China's mold exports in 2018 were US $6.085 billion, an increase of 10.84 percent over the same period last year, accounting for 1/4 of the total global mold exports, with exports covering about 200 countries and regions around the world. China's mold imports amounted to $2.14 billion, accounting for less than 5% of China's mold consumption.

Mold is known as the "mother of industry. According to the research of China Mould Industry Association, the consumption of 255.5 billion yuan of Chinese moulds in 2018 can support 28 trillion yuan of industrial finished products in China, which is an important part of "made in China". It plays the role of "hero behind the scenes" from "heavy weapons of great powers" to the improvement of people's lives. Take the automobile industry as an example, the mold dependence of automobile manufacturing has exceeded 90%, and more than 95% of the mold enterprises in the country involve automobile molds.

According to reports, the driving characteristics of technological innovation in today's mold industry are obvious. Some mold enterprises have shifted from tracking to a new stage of tracking and parallel running, and a number of enterprises have entered the first phalanx of international manufacturing. Refinement, automation, informatization, integration, networking, and intelligent technologies have accelerated the improvement of quality and efficiency and optimization and upgrading of the industry. Mold products continue to develop in the direction of large-scale, precision, high-performance, and integrated. High-precision, high-stability, and high-efficiency direction.

Source: Economic Daily

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