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The prospects of China's mold market are improving and tending towards internationalization

In recent years, with the transformation and upgrading of my country's mold industry, my country's mold has gradually improved in manufacturing level, catching up, and gradually catching up with the footsteps of developed countries, occupying an increasing market share. my country is a global manufacturing country. With the improvement of domestic mold technology, my country will become the world's mold manufacturing base.


Due to the impact of the rapid growth of the domestic economy and the slow recovery of the international economy, the production and demand of my country's mold market boomed in the first half of 2012. In the international market, due to the efforts of industrialized developed countries to reduce industrial production costs, my country's molds still have a competitive advantage, and the foreign trade situation is relatively good. According to incomplete statistics, the total import and export of molds in January-June 2012 was US$2.479 billion, of which imports were US$1.108 billion and exports were US$1.371 billion. Compared with the same period last year, total imports and exports increased year-on-year 24.39%, of which total exports increased by 37.93% year-on-year, and total imports increased by 10.91% year-on-year. This will inevitably promote the internationalization of China's mold market.


Private mold profits 36 billion mold companies have better development prospects


In the past few years, the rise in raw material prices, the rise in personnel wages, and the reduction in the price of mold products in the international mold market have caused mold companies to continue to decline profits, shrinking profit margins, and some mold companies have suffered losses, and the amount of losses has increased. The development of the mold industry has brought great impact.


According to a survey by the China Mould Industry Association on 270 major mold manufacturing enterprises across the country, the profit margin of output value decreased by 2.1 percentage points from the previous year, the profit margin of sales revenue decreased by 3.1 percentage points from the previous year, and the annual loss of enterprises above the national scale reached 2.6 100 million, some mold companies are also facing the dilemma of bankruptcy.


For Chinese mold companies, adjust their mentality and correctly analyze the market and product structure. It is of vital importance to raise the product quality and strive to move closer to the high value-added international mold market.


It is expected that the profits of Chinese industrial enterprises will increase substantially in the coming months. With the recovery of the world's two largest economies, the profits of Chinese industrial enterprises rebounded in the fourth quarter of last year.


According to data released by the Chinese government on February 4, the total profit of Chinese industrial enterprises above designated size in December 2012 increased by 17.3% year-on-year to 895.2 billion yuan (US$144 billion).


This is the third consecutive month that the profits of Chinese industrial companies have achieved double-digit growth. Last year, the profits of Chinese industrial companies fell for eight consecutive months, disturbing investors, prompting the government to relax monetary policy and increase infrastructure investment to boost growth.


Luo Baihui, head of the China Manufacturing Alliance, said: "We expect industrial companies' profits to grow by an average of 30% in 2013. The year-on-year profit growth rate will peak in the third quarter." Luo Baihui said that the reason for this year's faster profit growth is that infrastructure and Significant growth in real estate investment, a mild rebound in demand for Chinese exports, a decline in raw material prices, a loose monetary environment, and a low base in 2012. The profit of industrial enterprises increased by 30% in 2013, which would mark a substantial rebound on the basis of last year. In 2012, the profits of industrial enterprises increased by only 5.3%.


The Chinese economy grew by 7.8% last year, the lowest level since 13 years, but after seven consecutive quarters of slowdown in economic growth, the economy rebounded strongly in the fourth quarter of last year, prompting industrial enterprises to get rid of negative growth.


"It is expected that the rebound of the Chinese economy will continue at least in the first half of 2013, and the profitability of mold industry enterprises should be the same." Luo Baihui said that although the total profit of Chinese industrial enterprises rebounded, some industries are still due to overcapacity and the industry itself continues to slow down Stuck in a dilemma. Among the 41 industries surveyed by the National Bureau of Statistics of China, the profits of 29 industries have increased, but the profits of steel producers fell by 37% year-on-year last year, and the profits of chemical companies fell by 6%. The profits of power generation companies soared 69%, while the profits of mold manufacturing companies increased by more than 20%, and the profits of food processing companies increased by nearly 21%. Last year, the profits of state-owned and state-holding companies fell by 5.1% to 1.42 trillion yuan. Even if China's economic growth reached a low level of 13 years last year, it still contributes about one-third to 3.2% of global economic growth. Luo Baihui said that private enterprises benefited greatly from the rebound in the profit growth rate of industrial enterprises last year. The total profit increased by 20% year-on-year to 1.82 trillion yuan, of which the total profit of private mold companies reached 36 billion, accounting for about 2% of the total profit of industrial enterprises. .


Industrial upgrading helps the rapid development of China's mold industry


Nowadays, as costs continue to rise, many developed countries have moved their factories to lower-cost developing countries, especially in Southeast Asia. At present, my country's demand for molds is still very large, so in this situation, my country's mold industry has undergone industrial upgrading, independent research and development of manufacturing molds, occupying the mold market, making my country's mold industry no longer dependent on imports. In terms of development, China's mold manufacturing is getting bigger and bigger, mold forming parts are becoming larger, the number of mold cavities is increasing, the density is also increasing, and the proportion of hot runner molds is also increasing. The requirements are much higher.

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