In recent years, the trade deficit of China's mold industry has been declining. According to customs statistics, in the first half of 2007, the import and export deficit of China's molds was US$352 million, a decrease of 32.95% year-on-year. In 2006, China imported a total of 2.047 billion U.S. dollars of molds, a decrease of 21 million U.S. dollars from 2005, a decrease of 1 percent; exports of 1.041 billion U.S. dollars, an increase of 303 million U.S. dollars from 2005, an increase of 41 percent; and a foreign trade deficit of 1.006 billion U.S. dollars. In 2005, it dropped by 324 million US dollars, a decrease of 24.4%. This phenomenon shows that China's mold industry has taken a big step forward in the development of foreign trade. At the same time, the mold import and export structure has become more reasonable.
In the first half of 2007, among the import and export molds, the highest percentage accounted for plastics and rubber molds, which accounted for 53.34% and 71.33% respectively of the import and export volume. The import and export of plastics and rubber molds was faster than the overall level of the mold industry. Compared with the same period of 2006, the import ratio of this category increased by 3.6 percentage points, and the export ratio increased by 3.41 percentage points.
Although China's mold industry has entered a stage of rapid development, but due to the fact that there is still a large gap in terms of accuracy, longevity, manufacturing cycle, and capability compared with international standards, it is still unable to meet the needs of China's manufacturing industry. Especially in the precision, large-scale, complex, long-life mold, still in short supply. Therefore, a large amount of imports are still needed each year. Taking stamping dies as an example, in 2006, China imported 50,645 tons of stamping dies, the unit price was 14,913 US dollars/ton, and the export volume was 39,890 tons, and the unit price was 5,867 US$/ton. In the same period, China imported 413715 sets of plastic rubber molds, the price is 2532 US dollars / set; exports 1217772 sets, the price is 602 US dollars / set. From the above figures, it can be seen that the average unit price of export molds is only 1/3~1/4 of the imported mold prices.
In recent years, with the continuous expansion and deepening of China's open-door policy, foreign-funded enterprises have invested more and more in China's mold industry. Guangdong is an important base for China's mold industry. Its production capacity accounts for approximately 40% of China's mold capacity, and exports account for 45% of China's total mold exports. However, the "triple-funded" enterprises in Guangdong mold enterprises account for a considerable amount, and their output accounts for about 70% of Guangdong's mold output, and it is the main force for exports. In addition to Zhejiang's private enterprises occupying the leading position in the export of local mold products, most of the exports of molds from other provinces and cities are mainly “three-funded†enterprises. China's domestic mold manufacturing enterprises, because of weak innovation and development capabilities, have generally lower levels than "three-funded" enterprises. A high degree of dependence on foreign investment and foreign trade will have a major impact on the safety of the industry and even the economic security of the entire country.
The mold industry is an important indicator of a country’s industrialization level and its ability to innovate. Each 3 million yuan mold output value can drive industrial output value of 100 million yuan. Therefore, China's mold industry should improve its capacity for independent innovation, adjust its organizational structure, product structure, technical structure, and import and export structure, gradually shifting from quantitative expansion to quality first. Only in this way, the quality and level of China's mold industry can be truly improved, with the global market competitiveness, combined with the increase in export volume and quality of mold products.
In the first half of 2007, among the import and export molds, the highest percentage accounted for plastics and rubber molds, which accounted for 53.34% and 71.33% respectively of the import and export volume. The import and export of plastics and rubber molds was faster than the overall level of the mold industry. Compared with the same period of 2006, the import ratio of this category increased by 3.6 percentage points, and the export ratio increased by 3.41 percentage points.
Although China's mold industry has entered a stage of rapid development, but due to the fact that there is still a large gap in terms of accuracy, longevity, manufacturing cycle, and capability compared with international standards, it is still unable to meet the needs of China's manufacturing industry. Especially in the precision, large-scale, complex, long-life mold, still in short supply. Therefore, a large amount of imports are still needed each year. Taking stamping dies as an example, in 2006, China imported 50,645 tons of stamping dies, the unit price was 14,913 US dollars/ton, and the export volume was 39,890 tons, and the unit price was 5,867 US$/ton. In the same period, China imported 413715 sets of plastic rubber molds, the price is 2532 US dollars / set; exports 1217772 sets, the price is 602 US dollars / set. From the above figures, it can be seen that the average unit price of export molds is only 1/3~1/4 of the imported mold prices.
In recent years, with the continuous expansion and deepening of China's open-door policy, foreign-funded enterprises have invested more and more in China's mold industry. Guangdong is an important base for China's mold industry. Its production capacity accounts for approximately 40% of China's mold capacity, and exports account for 45% of China's total mold exports. However, the "triple-funded" enterprises in Guangdong mold enterprises account for a considerable amount, and their output accounts for about 70% of Guangdong's mold output, and it is the main force for exports. In addition to Zhejiang's private enterprises occupying the leading position in the export of local mold products, most of the exports of molds from other provinces and cities are mainly “three-funded†enterprises. China's domestic mold manufacturing enterprises, because of weak innovation and development capabilities, have generally lower levels than "three-funded" enterprises. A high degree of dependence on foreign investment and foreign trade will have a major impact on the safety of the industry and even the economic security of the entire country.
The mold industry is an important indicator of a country’s industrialization level and its ability to innovate. Each 3 million yuan mold output value can drive industrial output value of 100 million yuan. Therefore, China's mold industry should improve its capacity for independent innovation, adjust its organizational structure, product structure, technical structure, and import and export structure, gradually shifting from quantitative expansion to quality first. Only in this way, the quality and level of China's mold industry can be truly improved, with the global market competitiveness, combined with the increase in export volume and quality of mold products.
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