China's press industry's "fresh blood"

First, plastic machinery industry:

In recent years, injection molding machine companies have promoted the production of non-mold products and directly produced plastic parts through the additive process. Arburg, the production expert of injection molding machines, is also the leader in additive manufacturing. The company's 3D printer Freeformer uses standard pellets as raw materials to produce functional parts without molds.

In addition, in response to the country's policy of vigorously developing energy-saving industries, following the cities of Dongguan of Guangdong Province and Wuhan of Hubei Province, Fujian is the third city to launch the energy-saving renovation project of 1,000 injection molding machines. Such an initiative is spreading across the country and will vigorously promote green implementation. Develop strategies and build a resource-saving, environment-friendly social development path. Injection molding companies are actively changing their strategies and adopting advanced energy-saving equipment to enhance their competitiveness.

China's press industry will continue to have a "fresh blood" influx

China's press industry will continue to have a "fresh blood" influx

Second, policy:

The “Thirteenth Five-Year Plan” puts forward requirements: At present, China has become a big producer of presses that has become competitive and ranks among the advanced countries. The theory and application of blade tension developed by the team headed by Academician Jin Jinping has taken the lead in the world and will promote the revolution of the traditional screw-based thermal process. The rapid development of presses has made significant contributions to the plastics processing industry. However, there is still a certain gap between the machine speed and efficiency, molding accuracy, temperature control accuracy, energy consumption, and intelligence. Micro-molding equipment, functional film production equipment, lightweight, micro-coating equipment, precision electric injection molding machines, especially servo motor control systems including high-precision drive tie rods, etc. The “post-hardware era” spawned by Industry 4.0 poses new and severe challenges for press equipment.

Third, the international economy:

On December 1, the Executive Board of the International Monetary Fund decided to determine that it will be the fifth currency, together with the US dollar, the euro, the Japanese yen and the British pound, forming the SDR currency basket. The addition of RMB to the SDR will increase the share of RMB assets in the international investment allocation and enhance the attractiveness of RMB assets in the global scope. Industry insiders predict that in the next five years, China will attract 4 trillion to 7 trillion yuan of international funds to deploy the RMB bond market, and the inflow of overseas funds may reach 500 billion yuan next year. These "fresh blood" will play a catalytic role in China's economic development, and the plastic machinery industry will undoubtedly also share dividends. With the acceleration of the internationalization of the renminbi, Chinese enterprises need to seize the right opportunity and move toward the international market.

In recent years, China's plastics machinery industry as one of the most rapidly developing industries in the traditional machinery manufacturing industry, the annual demand amounted to 8.5 billion. Plastic machine equipment has penetrated into various fields, including building materials industry, packaging industry, electrical appliances, electronic information industry, automobile and other transportation industries, and agriculture. Global Plastics believes that with the continuous R&D and innovation of domestic press technology, national policies and international environmental favorable factors will emerge, and China's plastics machinery industry will also break through existing development models and present a new development trend.