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At present, the main production power of China's foundry mold production comes from the automobile industry. The continuous development of the automobile industry is sure to achieve more brilliant achievements. In the current wave of economic globalization, the international division of labor is taking shape. Many foreign companies have invested in casting molds in China based on cost pressures, and even set up casting mold production bases in China. In addition to these hard standards such as high-tech R&D and output and international support, the driving force of industry development is more important than market demand. At present, for China's hardware casting mold industry, the market is still a strong driving force for its development, and it is a domestic and foreign market. The production level and capability of China's foundry molds have been greatly improved, and the gap between mold quality and international level has been narrowing. The high quality and low price drove the surge in foreign purchases, and the huge demand for the overseas mold market has greatly promoted the Chinese mold industry. With the market, China's foundry mold industry is like adding a high-power engine, driving China's casting mold industry to develop continuously, bringing better development of other casting mold industry in China.
March 23, 2024