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Industrial development of precision casting

pubdate：2016-05-11
  Compared with Southeast Asia and the Middle East, China's foundry industry has a great advantage in technology, quality and price, and its export prospect is very promising. When foreign enterprises enter into our country, their foundry return and export will also become an important part of China's foundry export. As the cost of foundry production in China is much lower than that in foreign countries, with the gradual improvement of foundry technology and quality, not only can the import of foundry be reduced, but also it is possible to gradually open up the export market and export more foundry products to foreign countries. During the 12th Five Year Plan period, foundry imports will continue to maintain a sustained growth momentum in the short term, and foundry exports will have a great development.
 
  It is reported that in the wave of economic globalization, the international division of labor in the process of industrial development is gradually forming. Based on the pressure of cost, foreign businessmen purchase a large number of casting parts in China, and even set up a precision casting production base in China. It can be predicted that in the future, China will still undertake the production and manufacturing tasks of international non-ferrous metal castings and products. On the other hand, due to the unremitting efforts of foundry colleagues, the level and capacity of China's foundry mold manufacturing industry has been greatly improved. The gap between the foundry quality and the advanced industrial countries has been gradually narrowed, and the low price has promoted the sharp increase of foreign procurement. The huge demand of overseas foundry market plays a great role in promoting the prosperity of China's foundry industry.