1. Support of national industrial policy
Mold is an important part of the automobile industry chain. Its process level and scientific and technological content reflect the overall competitiveness of a country's automobile industry. Our government has always attached great importance to the development of automobile mold. In recent years, the government has promulgated a series of industrial policies and medium - and long-term development plans to support the expansion and strengthening of the automobile mold industry.
2. The speed of automobile upgrading is accelerated
Over the past decade, China's automobile industry has developed rapidly, with automobile production and sales accounting for about one quarter of the world. In 2019, the national automobile ownership reached 260 million. In order to maintain competitive advantage, better meet consumer demand and continuously improve the speed of product upgrading, automobile manufacturers gradually shorten the development cycle of new models and the modification cycle of original models. The acceleration of automobile upgrading provides greater market space for the development of automobile mould industry.
3. New development opportunities brought by industrial transfer and global procurement
After years of development, the overall strength and comprehensive competitiveness of China's mold industry have been significantly enhanced, the service capacity of downstream industries has been greatly improved, the technical level and product quality of molds have been greatly improved, a number of backbone enterprises with strong strength have emerged, and foreign downstream manufacturers have come to China to purchase molds. China's mold manufacturing industry has ushered in a new round of development opportunities.
