China's mold industry export prospects are good, investors are not few

According to relevant reports, in the first half of this year, the export mold of Guangdong Province was US$360 million, an increase of 11.7% over the same period of last year, and the total export exceeded the Zhejiang Province by more than twice the number and remained the “China's largest mold province” status. In June, Guangdong's export molds hit a new high during the year, up 21.3% year-on-year and 10.3% month-on-month. Customs statistics show that in the first half of this year, Guangdong's molds were mainly exported to Hong Kong and grew steadily, and exports to the EU declined slightly.

Among them, foreign-invested enterprises accounted for more than 60% of exports, and private enterprises’ exports increased by 41.2%. There are signs that there are not many investors who are optimistic about the future prospects of the industry. In addition, the state attaches great importance to the development of the domestic mold industry. In the “Revision and Revitalization Plan for the Equipment Manufacturing Industry” recently passed by the State Council, the technological level of the mold and its manufacturing equipment is taken as its key content.