Over the past decade, thanks to the rapid growth of the Chinese economy, China mould & die industry maintained a rapid development of around 15% each year.

    Currently, there are about 20,000 mould & die manufacturers and 500,000 employees in this industry in China. In recent years, the structural adjustment of the mould & die industry is accelerating，which is reflected in the faster development of mould components with a larger size, a higher precision, a higher complexity and a longer life than in the whole industry. Besides, more plastic moulds and die-casting moulds are manufactured. The number of mould & die manufacturers is increasing and their production capacity is also enhanced.

    As for mould production, rapid development has taken place in Pearl River Delta and the Yangtze Delta while development in the Northeast and the Midwest is relatively slow.

    There is great demand for die & mould in the automobile industry. In spite of the sharp drop in the increase of automobile production, the development of new automobiles maintains a rapid momentum. There is still a great demand in the automotive industry for die & mould. Moreover, the demand in industries such as electronic information industry, instrument and equipment industry, electric machine industry and building materials industry further stimulates mould production. In all events, there will be an increase rate of about 20% in the mould & die market.

    The unbalanced regional development in Chinese mould & die industry resulted in faster development in southeast and southern coastal areas than in the Midwest and the North. Production of mould & die lies mainly in the Pear River Delta and the Yangtze Delta, which accounts for two thirds of the total national output.