China Market Insider
Tool and mould making in China is growing stronger

A guest post by Henrik Bork Henrik Bork 4 min Reading Time

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China’s manufacturing industry is becoming an increasingly formidable competitor for European companies. This also applies to tool and mould making.

Chinese suppliers are expanding and could soon be at the forefront of the European wind turbine industry.(Source:  © Eisenhans - stock.adobe.com)
Chinese suppliers are expanding and could soon be at the forefront of the European wind turbine industry.
(Source: © Eisenhans - stock.adobe.com)

In China's tool and mould making industry, trends such as automation, the use of artificial intelligence and big data, and other modern production techniques are currently advancing very rapidly.

In the automotive industry, China's new performance and competitiveness have recently been increasingly noticed by the German public. The Chinese e-car manufacturer BYD recently overtook VW as the largest carmaker in the People's Republic. The company's success is often portrayed as a ‘threat’ to German OEMs.