Policy Stabilizes Market and Promotes Development of Die Casting Die Industry in China

The development of China's foundry industry cannot be separated from the strong support of government policies. Any new technology project that meets the development of the foundry industry can be supported by the government in industrial policy:

1 The government can simplify procedures, reduce links, and implement “smooth” services for new projects.

2 For enterprises that are in line with the development of industrial policies, especially in recycling economy, production safety, environmental clean production and energy saving, the government grants reductions and exemptions to the tax system to reduce the burden on enterprises and promote the development of enterprises.

3 The governments at all levels can plan to establish a foundry industrial park and provide policy support on the land for enterprise construction.

4 The government should carry out macro-control on the financial institutions within its jurisdiction, encourage and support the local gambling and gambling, and guide and encourage the flow of private capital to the foundry industry.

Recently, a domestic foundry company successfully developed a new casting technology for casting die-casting molds. This successfully broke the monopoly of advanced die-casting mold technology advanced countries in foreign countries for China's die-casting mold industry technology, marking China's die-casting. The development of the mold industry has ushered in a new development. The right to occupy high-end technologies for independent research and development and use is the key to the development of the die-casting industry.

Luo Baihui, secretary-general of the International Model Association, pointed out that the current changing market conditions require China's die-casting mold industry to develop in the direction of large-scale, sophisticated, complex, high-efficiency, long-life, and multi-functional. However, after the development of the die-casting mold industry in China has achieved certain results, it still faces a severe development situation. How to obtain stable and long-term development in the ever-changing market environment is the first priority for China's die-casting mold.