Accession to the WTO impact on China's mold industry

China's accession to WTO, to the impact on both the domestic mould industry, but also opportunities, in general, the opportunities outweigh the challenges. As China joins the WTO before the mould is essentially tax-free import of products, the domestic mould companies do not rely on tariff protection a long time, surviving companies have long stood the test of competition in global economic integration. After joining the WTO, the domestic enterprises in the choice of imported production equipment and steel to provide a wider choice and lower prices space for domestic mould industry in improving quality, reduce costs, increase market competitiveness and create favorable conditions .

Foreign influence on domestic and die industry

With the well-known multinational companies and international groups have entered the domestic factories to make cheap domestic labor market factors will cease to exist; IPR protection has enabled us to increase access to high-precision and advanced mould manufacturing process to pay more high price.

Looking back at the mould industry, the development of the past few years, the overall good level of development, level of processing enterprises has been greatly improved, and export capability has been greatly enhanced, not only expanding the domestic market share, the market also showed strong international competitiveness.

China's mould industry in recent years, the outstanding performance

First, the mould to large, sophisticated, complex direction, the results outstanding. China's mould industry is to form a digital and technological transformation of information into the main content of the boom.
Second, the rapid formation of backbone industries, cluster production advantages appear. Mould industry currently has more than 100 key enterprises, mould gathering place (park, concentrated production base) further development of the agglomeration mould output grew more than 25%.
Third, international cooperation is more frequent.

China's mould industry problems

Of course, China's mould industry and other manufacturing industries are facing raw material, labor and other costs continue to rise, high-skill, high-level shortage of talent, there are low-level redundant construction in some areas of the phenomenon, the overall innovation capability is still relatively weak. Mould companies in the development process also revealed small-scale, low technology, involving a narrow field, the impact on related industries such as driving ability is not outstanding problems.

Taking these factors we can see, the overall efficiency of China's mould industry has not played the best level, and its basic role of the national economy is not yet clear that in order to reverse the above situation of the mould manufacturing industry in order to play a bigger impact in the international market, we must industry-wide technology and resources to strengthen the integration.
This article first appeared in the Bi Sheng Mould Factory Huangyan (www.zkmould.com)