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Chinese die & mold industry a huge opp for machine tool makers

Post date : 27/05/2006 10:26 by Margaret Ho

The die and mold industry in China, rapidly growing, is opening up opportunities especially for international machine tool suppliers.

Sharing his ideas on the die and mold industry in China, Qin Ke of China Die & Mould Industry Association expresses frankly that China still has a heavy reliance on imported machine tools in order to raise the standard of its die and mold industry to the next level.

He pointed out that China is to equip itself with the ability to produce larger and more complex-shaped dies and molds made of harder steel. This, therefore, lays down a special demand for advanced equipment, particularly CNC machines with large working platforms, high rigidity, high consistency, high stability, high dynamic precision, high speed and the ability to handle complex shapes. In this end, however, "domestic Chinese made machine tools are not yet qualified," according to Mr Qin.

Looking at the matter from a foreign perspective, Rudolf Ganzle, President of the German-based milling machine manufacturer Zimmermann, told our reporter at the just ended Die & Mold China exhibition held in Shanghai, that China's die & mold industry is still in the infant stage, yet with a potential to develop its own innovative products in the long run. In fact, he reported that he had seen some Chinese automobile manufacturers developing car body parts on their own.

Statistics from China Die & Mold Industry Association provide evidence to China's progression to the higher end of the die and mold value chain. According to the findings, the percentage of the output of large-sized molds, precision molds, composite molds and durable dies and molds to the country's total rose to 30% last year, compared to 20% last year.

The statistics also showed that in 2005, China's die and mold sales surged by 25% from a year ago to reach RMB61 billion, and export amounted to US$738 million, a 15% increase.

Furthermore, China has planned to raise the annual production of dies and molds at an average rate of 12% to 15% in the five years from 2006 to 2010, reaching RMB100 billion in value by the end of the period.

Overseas suppliers make stronger presence in China

In view of the huge market opportunities, renowned global machine tool manufacturers flocked to exhibit at this year's Die & Mold China. They included Makino and Mori Seiki from Japan; DMG, Hermle and Zimmermann from Germany; Agie Charmilles from Switzerland; and Hardinge, Hass and Hurco, from the US, to name a few.

DMG, voting for the bright future of the die and mold industry in China, announced at the show its plan to intensify its services - including organizing machine tool assembly training courses - to Chinese customers this year. It will also open a showroom in Guangdong this July - an important step to realize its strategy to expand the market in Southeast China.

The prosperous Chinese market is also appealing to suppliers of products of other kinds. Balzers, a worldwide coating company which entered China in 2003, told us that it had scheduled to start the construction of its third factory in Tianjin in August.replica rado watches being one of the largest and most prominent fashion company in the world, it has an obligation of beating the standards set by others.Get all of these fabulous hermes bags and more high-end designer fashions for less when you shop on the Internet.Now everyone can own high-end designer rolex replica.

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