Die giants abroad accelerate their entry into the Chinese market


The Shenzhen mold factory invested and constructed by the international mold giant Belrose, Finland, was formally put into use recently. The plant was built entirely in accordance with European and American standards, and the first phase invested 60 million yuan, mainly providing high-end molds for the telecommunications, healthcare, electronics, and automotive industries. Product, with both testing and verification capabilities.

A few days ago at the China Mould Base Industry Upgrading Forum held in Huangyan, Zhejiang Province, relevant experts reminded that the new round of battles for the foreign mold giants to accelerate their entry into the Chinese market have been launched, and the local mold industry has been exposed to the crisis due to “congenitally insufficient”. In the "close competition" with foreign molds, it is imperative for the local mold industry to accelerate the upgrading of technology brands.

Statistics from related departments show that since last year, the transfer of mold enterprises from developed countries to China has accelerated. In May of last year, Mitsui Fuji Automobile Mold Co., Ltd., jointly established by Japan's No. 1 auto mold maker Fujitsu Kogyo Co., Ltd. and Mitsui & Co., Ltd., formally signed an agreement in Yantai, Shandong Province; the US company Cole Asia and China Dongfeng Automobile Mould Co., Ltd. The joint venture established "Dongfeng Cole Mold Standard Parts Co., Ltd.", and Kohl Asia Company holds 63% of the shares. In July last year, Japan's AB company engaged in mold manufacturing for the first time and China's Taiwanese personal computer peripheral equipment manufacturers went to Shanghai to build factories, telephone mold products. Mold companies from the European Union, South Korea and Singapore have also organized groups to visit China and seek to enter the region and partners. “Mold manufacturing is the first of all manufacturing, and is hailed as the 'mother of industry'. In electronics, automobiles, motors, appliances, instruments, meters, home appliances, and communications products, 60% to 80% of parts rely on molds. Forming,” said Dr. Wang Qin of the Institute of Industrial Economics of the Chinese Academy of Social Sciences, during an exclusive interview with the reporter, said that the current manufacturing production base in the world is accelerating its transfer to China and that China’s manufacturing industry is now entering the high-end upgrade development stage, demanding high-quality precision molds. Will continue to rise. The giants of the developed countries followed the investment boom after the foreign molds entered China in the mid-1990s. The purpose was to seize the opportunities and to make our country's domestic mold industry face the "close-up challenge" of advanced foreign technologies and high-quality products. The production space will be squeezed.



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