China's die and mould makers increasingly internationally competitive

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Shanghai International Exhibition Co Ltd

Does the rise of China production costs affect the growth of China’s die and mould industry?

Because moulds are considered to be production equipment, not an end product, the mould market scale is determined by the development of the manufacturing industry. Though the growth rate of China's manufacturing industry is slowing down, it is still positive; in particular, the accelerating product renewal rate of large mould users leads to increased demand for moulds. The rise in production cost (mainly labour cost) has little influence on the domestic market of China's mould industry. The rise in production costs is one of the many reasons for slowing export growth of moulds made in China, but it is not the main reason.

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DMC 2016

China's die and mould makers increasingly internationally competitive