Hardware Stamping Mold Highly Developing

Hardware stamping mold plays a key role in molding industry. Since formation, stamping mold industry in China highly develops, respectively accounting for total volume of import and export of mold by 40.33% and 25.12%. China has already become one of the major exporters in international stamping mold industry. 

 

Distribution adjustment of hardware stamping mold industry in China is the natural tendency of economic development. During several years’ accumulation of techniques, talents and capitals, the eastern regions have gradually transferred into manufacturing base for high-end products, while newly-developing aggregations will undertake production for low-end products. The division is more rational and destroys the situation of simple products and serious regional homogeneity in the past. It also provides space of developing ladder for mold industry in China.

 

Stamping mold industry in China is in pursuit of advanced level around and also constantly reduces technology gap with developed countries. Main performances of some Chinese precision stamping mold have already been compared favorably with imported products. China cannot only realize import substitution, but also export some products to developed countries or regions such as the U.S. and Japan.

 

Although Chinese precision stamping mold still falls behind developed countries, stamping mold industry will exceed that in the next few years, based on the current development, becoming the dominant force to promote Chinese mold industry to develop, improving the whole technical level of the industry to a higher level. The higher improvement of technology and technique in mold industry will significantly raise the capability of Chinese enterprises for holding market, realize double qualitative changes on industry scale and technical level in the next 5 to 10 years.