Industry: China's mold world to influence the European mold market

“At present, the European mold has increasingly felt the influence and pressure from its Chinese counterparts and it is expected that by 2018, China will become one of the largest mold manufacturing bases in the world. We believe that through joint efforts and cooperation between the two sides. Ninghai Mould is bound to have a place on this vast stage.” Prof. Alexander Alexander of Aachen University of Technology in Germany is full of confidence in the future of mold development in Ninghai and even China.

Alexander said that according to a survey conducted by the relevant research department, the time spent on mold design and production in Europe was 44% faster and 61% faster than in China, but the cost of mold design and production in China was only 91% of European counterparts because China The low labor cost has a strong attraction for some foreign customers. At the same time, mold competition between Europe and other countries in the world has been correspondingly intensified. For example, the overall mold price in Germany in the last two and a half years has fallen by about 25%. According to statistics, in the previous years, 58% of global molds were produced in Germany and other Western European countries, and the proportion of Asian countries such as China accounted for only 1%, but in the future, molds in Eastern European countries will have a substantial increase, while Asian countries’ The proportion of production will increase to around 22%. The professor was pleased to say that given the advantages of cheap labor costs in China and the good momentum of sustained and rapid development of the overall economy, the prospects for the development of Chinese molds will be very broad.

"But this does not mean that everything in China's development is so ideal and perfect." Alexander believes that because China's market is prematurely plunged into the error of the price war, it still lacks the capacity for independent innovation and has not established it accordingly. The honest and reliable market system, especially 65% ​​of European customers think that the price of Chinese mold is low but the quality is not good. An ideal solution is to strengthen the cooperation between China and the EU. Orders and drawings will be issued by European countries. The Chinese mold companies are specifically responsible for the design and processing, and will continue to learn advanced European technologies and management concepts in the process. Industrialization transformation, efforts to improve the company's own core strengths and competitiveness. For example, in terms of improving customer satisfaction, companies not only make a fuss about low prices, but also have a shorter delivery time. The product quality is good. High degree of integrity, as far as possible to let them understand the product development. The whole process of design and production; the company must clarify its main direction, strengthen cooperation with each other, and respond to customer needs in a timely and effective manner.

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