Ningbo Hongji Precision Casting Co., Ltd.
Add:hengxi Industrial Zone,YinZhou
Mobile Phone:013805894225

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Development of domestic and die casting industry market
According to media reports, in recent years, with the development of the domestic industry and die casting product markets, improving closely associated with the production of machine tool industry and related vertical machining center according to the market development, CNC lathes, very earth to improve the accuracy and depth of the industry, the quality and quantity to complete the coherence and cooperation between the industry.
With China's sustained economic growth, the machine tool industry will maintain rapid growth has led to the development of the casting mold manufacturing industry, casting molds very active market, due to the lower cost of production molds, with mold manufacturing technology to improve and enhance quality. Not only can reduce imports of the mold, and it is possible to gradually open foreign markets, exports will have a big export mold development.
In recent years, the rapid growth of China's mold industry with an average rate of 15% or more, far higher than the average national GDP value. Which accounts for all types of mold casting mold 5% GDP annual growth rate of up to 25%. International Association Secretary-General Luo Baihui mold pointed out to coincide with China's automobile and motorcycle industry into rapid growth, substantial growth in production for many years. Especially with the casting industry is closely related to the rapid growth of the car, increasing the need for complex, precision casting mold. As an important support casting industry - casting mold industry prospects. Expected in the next few years, the domestic auto industry will continue to be the main driver of the casting mold industry.
"Eleventh Five-Year period, China's casting mold industry has been gradually integrated into the world trade integration among the substantial increase in the commercialization of the mold." Experts said, "During the second five, should continue to promote the industry, the establishment of a fair and reasonable casting mold price system, and further standardize mold market "Improving casting mold design and manufacturing standards, including: 1. the development of high-speed machining technology to improve the surface treatment technology to improve the level of standardization of casting molds and expanding the use of standard parts; (2) improve the process the level of integration and tooling design; 3. raise large, sophisticated, complex, long-life mold design and manufacturing standards.
2011 China Machinery Industry GDP still grew by 25 percent over 2010, a profit increase of 21% over the previous year, but above the growth rate than in 2010, respectively, fell by 8% and 30%. China's machinery industry growth rate since 2011 there has been significant decline, indicating that China's GDP growth has been gradually during the past, the future needs of the industry must adapt to the market by the heavy "quantity" to heavy "qualitative" change trend. However, Andrew Casting Co. believes that as long as the whole industry to speed up transformation and upgrading, prospects remain bright, expects sales this year, China's mold industry can still achieve steady growth.
Import and export trade deficit showed a huge demand for Chinese products is still an objective mold, and will continue to grow rapidly, China precision casting industry if the excess can be converted to low-end production capacity to meet the needs of the "high end" production capacity, especially in the feature and numerical control systems and other key areas of focus on basic products, to shorten the gap, then the competitiveness of China casting industry will be significantly improved.

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