Rail transit, aerospace, new energy, medical equipment, building materials and other industries will also bring huge market for molds. For example, medical devices currently account for only 2% of the world's share. The consumption ratio of drugs and medical devices is only 2.5:1, while that of developed countries is 1:1. The per capita annual consumption of medical plastics in the United States is US$300, and China only has 30 yuan, showing the potential for development.
In the international market, due to the continuous increase in labor costs in industrialized countries, they are forced to transfer molds to developing countries, especially developing countries like China, which have a relatively good technological foundation, in order to reduce production costs. The trend of multinational companies coming to China to purchase molds is still in development, and the development of international emerging markets is also promising. However, the market demands more and more molds in development. For example, emerging industries such as automobile lightweighting, intelligent shaping, and new energy, aerospace, biomedicine, rail transit, and smart grid are the key development priorities of the country during the “12th Five-Year Planâ€. The molds needed to focus on these priorities are also natural to the mold industry. Many of these development priorities require new development, and many technologies require breakthroughs. This should be used as a breakthrough to drive the overall level of the industry.
China's mold life is low. The life of precision dies is only about 1/3 of that of advanced foreign countries. The long production cycle, poor quality reliability and stability, and other problems that have long plagued the industry have yet to be solved. At the same time, China still has a large gap in research and development capabilities, personnel quality, research on the basic theory and technology of mold design and manufacturing, etc., resulting in slower development of new mold areas and new product development, and high technology. The proportion of mold content is much lower than that of foreign countries, about 60% in foreign countries and less than 40% in China.
Die exports exceeded 100 million U.S. dollars. We spent more than 10 years, from US$100 million to US$1 billion in seven years, and now exports have approached two billion U.S. dollars. It can be said that China’s mold industry already has a considerable foundation. However, the base figure is large. To achieve the goal of doubling exports in the “Twelfth Five-Year Plan†period, we must actively cultivate export bases and key export enterprises. Of course, the expansion of foreign trade and the development of exports are not only aimed at reaching the export target of 4 billion U.S. dollars. What is more important is to achieve the integration with the international market through the completion of this task, so as to promote the improvement of China's mold technology and comprehensive industry level. .
In the international market, due to the continuous increase in labor costs in industrialized countries, they are forced to transfer molds to developing countries, especially developing countries like China, which have a relatively good technological foundation, in order to reduce production costs. The trend of multinational companies coming to China to purchase molds is still in development, and the development of international emerging markets is also promising. However, the market demands more and more molds in development. For example, emerging industries such as automobile lightweighting, intelligent shaping, and new energy, aerospace, biomedicine, rail transit, and smart grid are the key development priorities of the country during the “12th Five-Year Planâ€. The molds needed to focus on these priorities are also natural to the mold industry. Many of these development priorities require new development, and many technologies require breakthroughs. This should be used as a breakthrough to drive the overall level of the industry.
China's mold life is low. The life of precision dies is only about 1/3 of that of advanced foreign countries. The long production cycle, poor quality reliability and stability, and other problems that have long plagued the industry have yet to be solved. At the same time, China still has a large gap in research and development capabilities, personnel quality, research on the basic theory and technology of mold design and manufacturing, etc., resulting in slower development of new mold areas and new product development, and high technology. The proportion of mold content is much lower than that of foreign countries, about 60% in foreign countries and less than 40% in China.
Die exports exceeded 100 million U.S. dollars. We spent more than 10 years, from US$100 million to US$1 billion in seven years, and now exports have approached two billion U.S. dollars. It can be said that China’s mold industry already has a considerable foundation. However, the base figure is large. To achieve the goal of doubling exports in the “Twelfth Five-Year Plan†period, we must actively cultivate export bases and key export enterprises. Of course, the expansion of foreign trade and the development of exports are not only aimed at reaching the export target of 4 billion U.S. dollars. What is more important is to achieve the integration with the international market through the completion of this task, so as to promote the improvement of China's mold technology and comprehensive industry level. .
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