For a long time, Chinese enterprises have tended to build their own production workshops in the field of mold production to meet internal needs, which has led to a lack of specialized high-precision mold accessory factories in Dongguan. Even if there are, the scale is relatively small. The management and production level of many enterprises need to be improved, and the leading enterprises in the domestic high-precision mold parts industry play a key role in promoting industry development.
These leading enterprises have comprehensive information systems and high-level technology, which not only expand overseas markets but also promote the healthy development of the industry. However, compared with the international level, there is still room for improvement in the number and strength of leading enterprises in China's high-precision mold parts industry.
In the current wave of economic globalization, international division of labor is becoming increasingly evident. Many foreign companies purchase large quantities of castings in China due to cost considerations, and even establish casting production bases in China.
At the same time, China's level and production capacity of casting mold manufacturing continue to improve, and the quality gap of high-precision mold components is gradually narrowing. Dongguan's high-precision mold components have attracted an increase in overseas procurement due to their high quality and competitive prices, greatly promoting the vigorous development of China's high-precision mold components industry.
The main reason for the slow growth of demand in the Chinese cutting tool market is the improvement of tool life and the increase in user requirements for the entire manufacturing process. With the transformation and upgrading of China's industries, the high-precision mold parts industry in Dongguan is gradually improving its independent innovation. Some domestically produced high-end high-precision mold components have been recognized and purchased by foreign manufacturers, opening up new markets for China's high-precision mold component industry. Last year, China achieved remarkable results in the export of high-precision mold parts, which fully demonstrates the potential and competitiveness of China's high-precision mold parts industry. With the import of high-precision mold components worth nearly one billion US dollars annually, China's domestic industry will gradually increase its market share.
In the future, China's high-precision mold parts industry will move towards the forefront of the world. With the continuous advancement of technology and the increasing demand in the domestic market, China's high-precision mold parts industry will continue to grow and become an important participant in the international market. By strengthening independent innovation, improving product quality and service level, China's high-precision mold and component industry will surely shine brighter on the global stage.
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