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A recent study conducted by WBA in Aachen says that "China will have a key role in the world of tooling in future. The fact that internationally competitive companies with a high level of competence could evolve confirms the positive outlook for the development of the tool and die manufacturing industry in China." Do you agree?
The development of China's modern mould industry is fueled by the rapid development of our manufacturing industry and the support by the Chinese government. For over 30 years, China has gradually established a relatively complete modern mould industry system, consisting of a large number of developed companies with strong international competitiveness, basically meeting the market demands of China's manufacturing industry for moulds. With the development of a high-end Chinese mould manufacturing industry, Chinese moulds begin to enter the territories of Europe, the US and Japan in larger batch sizes, and became the market supplements for these countries and territories. Now China is one of the world's biggest mould markets and highly integrated into the international mould making industry.
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