China's mold industry must change the way of competition

The continuous progress of the mold industry over the years has prompted a large number of leading companies to emerge in my country. Today, my country's mold industry has developed a distinctive mold industry cluster production base, which provides a platform for the scientific development of mold companies. At the same time, the company's innovation capabilities are constantly improving, with a number of independent intellectual property rights. In the future, my country's mold companies will have stronger competitiveness. Although the development of my country's mold industry has maintained a good momentum, China's mold industry has been engaged in a long-term price war, which has caused the industry to stay at the low end of the world mold industry for a long time. China's mold industry must start by changing the mode of competition and change the low-end of China's mold industry. situation. There are many companies engaged in mold production in China, and all major companies have problems with overcapacity and inventory backlog. In order to effectively increase sales, companies have reduced prices one after another. If you lower the price, I also lower it. The lowering of the price puts the mold industry into trouble, the profits of the company are repeatedly compressed, and the entire market becomes chaotic. The price war is a vicious competition, and in the long run, it will seriously affect the development of the entire mold industry. Chinese mold companies should upgrade the technological content of their products and shift from the current price war to technological competition. Throughout the development process, related industries and enterprises need to take a long-term perspective, concentrate their minds, pay close attention to the research of new technologies and new processes, and gradually form a division of labor, collaboration, multi-field, and all-round scientific research and development pattern. Mould products with independent intellectual property rights. From simply grabbing market share and not making a profit at present, it has become a common share of the market and common profit. It is believed that after Chinese enterprises change their competitive methods, their production level can be greatly improved, effectively get rid of vicious competition, and bring the mold industry to a higher level. The advantages of China’s cheap labor costs and the continued and rapid development of the overall economy have brought bright development prospects to the Chinese mold industry. Now my country’s mold industry has absorbed the advanced experience, advanced technology and high level of foreign mold manufacturing through the introduction of foreign capital. Talents, my country's mold design and manufacturing level has been greatly improved.