It is estimated that by 2018, China will became the largest Die & Mold manufacturing base in the world.
"At present, there is great pressure for European mould from their Chinese rivals. China will became the largest mold manufacturing base in the world by 2018. I believe that through joint efforts and cooperation, die & mould will in the highest flight in this vast arena. "Germany's Aachen University of Technology, Professor Alexander is in confidence for the development of China's mould in the future.
Alexander said that, according to research and investigation, the European mold design and production time were 44 percent and 61 percent faster than China respectively, but China Die & Mould design and production cost is only 91 per cent of their counterparts in Europe, because the cost of labor is low in China, have strong appeal for some foreign customers.
At the same time, the competition of mould between Europe and countries around the world become more and more fiercely. For example, in this 2.5 years, the cost of mould in Germany decrease 25 percent. According to statistics, a few years ago 58 percent moulds in the world are from Germany and other Western European countries, moulds in China and other Asian countries account for only 1 percent. But in the future, the mold will have a larger growth in Eastern European countries, while in Asian countries, the production ratio will increase to 22 percent. The professor said happily, in the light of China's cheap labor cost advantages and the overall economy continued the good momentum of rapid development, China's prospects for the development of mold will be very broad. |
