China gradually becomes the global mold manufacturing base

“At present, European molds have increasingly felt the impact and pressure from their Chinese counterparts, and by 2018, China is expected to become one of the world’s largest mold manufacturing bases.” I believe that through the joint efforts and cooperation of both sides, Ninghai mold will certainly occupy a place on this broad stage. “Yesterday, Professor Alexandra of Aachen University of Technology, Germany, expressed confidence in the future of the mold development in Ninghai and even in China.
Alexandra said that according to the relevant research department survey learned that the European mold design and production time is about 44% and 61% faster than China, but China’s mold design and production costs are only 91% of the European counterparts, because China’s low labor costs, some foreign customers have a strong attraction. At the same time, the mold competition between Europe and the rest of the world has intensified accordingly, like Germany in the past two and a half years, the overall price of mold has dropped by about 25%. According to statistics, in previous years, 58% of the world’s molds are produced by Germany and other Western European countries, China and other Asian countries accounted for only 1%, but in the future Eastern European countries will have a relatively large increase in mold, and the production ratio of Asian countries will increase to about 22%. The professor said happily that given the advantages of China’s cheap labor costs and the good momentum of sustained and rapid economic development as a whole, the prospects for China’s mold development will be “very broad.” “But that doesn’t mean everything that’s going on in China is so ideal and perfect. Alexandra believes that because China’s market was too early into the wrong spot of price war, but also lack of independent innovation capacity, did not correspondingly establish a sound and reliable market system, especially 65% of European customers feel that the price of Chinese mold is low but the quality is not good. A more ideal solution is to strengthen cooperation between China and the EU, by European countries to order and drawings, Chinese mold enterprises are specifically responsible for the completion of design and processing production, and in the process of continuous learning of advanced Technology and Management concepts in Europe, accelerate the transformation of industrialization, and strive to improve the enterprise’s own core advantages and competitiveness. For example, in improving customer satisfaction, enterprises in addition to low prices on the article, more important is to short delivery time. The quality of the product is good. High integrity, as far as possible to let them understand the development of products. The whole process of design and production, enterprises should clear their main direction, strengthen cooperation between each other, timely and effective response to customer needs.