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The global manufacturing industry has accelerated its shift to mainland China, and China will gradually develop into a world-class manufacturing base. The obvious advantages of Guangdong, especially the Pearl River Delta region, will develop into a global mold production center within 10 years. At the same time, due to the fact that China has imported molds for nearly US$1 billion per year in recent years, among which the precision, large-scale, complex, and long-life molds account for the majority, starting from the perspective of reducing imports, the proportion of such high-grade molds and hardware tools in the market will gradually increase. Increase. In the future, China's mold and hardware tools industry will also be ranked in the world.
At least 70% of China's hardware industry chain is privately-run private enterprises or micro-enterprises, which is the main force for the development of China's hardware industry. China has gradually become a major metal processing country and a big exporter in the world, and it has become one of the world's major hardware manufacturers with a vast market and consumption potential. The domestic market has a large demand for medium-to-high-end molds. According to forecast, during the “12th Five-Year Plan†period, the general trend of the mold market will be steadily upwards, but domestic molds must meet the needs of users in terms of quality and delivery time. Moreover, the home appliances, automobiles, and plastic products industries have the greatest demand for molds. In the international market, labor costs in industrialized countries have increased in recent years and they are being transferred to developing countries, especially Southeast Asian countries. Its domestic production of high-precision molds, labor-intensive labor-intensive molds rely on imports to solve.