If you come to Shanghai and stay for a long time, your feeling is, America has to face the challenge from China. China is not a simple production workshop in the world. Companies such as Apple. China has become a part of the manufacturing chain. The people around the world to order Apple products produced in China.
The moment of news, Chinese stock Corporation, home appliance maker Haier Group acquired general electrical appliances, home appliances with manufacturing plants and 12000 employees.
Haier group’s strategy and strategic thinking direction, in short. It is like any large multinational manufacturing company. At the same time, due to the problem of the exchange rate. A large number of Chinese companies are all over the world’s acquisition.
And the plastic injection molding industry related news, plastic chemical acquisition of German plastics machinery giant Krauss Maffei group. Since 2000, China has been the world’s largest injection molds and plastic products market. Not only is the price, but China also has some of the best technologies. Therefore, from this point of view. The role of a Chinese injection molder, at least did not reduce the profit of the industry supply chain link.
Western people generally have a point of view. China is still a challenge, but also often want to write their own rules. Don’t comply with the rules of the past, like the United States Wild West.
For example, in intellectual property, especially for smaller manufacturing companies. Not long ago, American mold equipment supplier progress components company submitted a complaint against China’s local company selling fake products.
Presidential Gelunsidake progress components of a company’s estimate, the company 80 percent of the products and the company’s name. In China all is fake. Despite the many aspects of the reform in China, in the aspects of intellectual property rights, China has not made sufficient progress, so they are worried that China’s reform can not continue. But the Chinese plastics industry market is full of temptation, no one is willing to give up this market. Snap this market, which for the most global company seems to have enough.
We to the data speak. Last year, the German plastics industry and rubber machinery industry to the United States and China issued the same number of machinery and equipment ($7 billion to 8 billion dollar value). Germany is the world’s largest plastics industry machinery exporter, for the United States, China is the largest export market. According to reports, China’s domestic plastics industry market is about 8 billion USD annual, compared to the United States market, According to industry experts estimate that the value is only half of it. The size of China’s plastics industry market will naturally create, some of the very global competitiveness of the company. They have honed their teeth in the domestic, and now they began to take risks. China’s injection mold is still full of vitality in the world in the plastics industry market.
In 2020, China’s demand for plastic has increased by Ten percent. Now a popular saying, to bring manufacturing back to the United States, some argue that some of the manufacturing sectors are leaving China to other low-cost countries. But no matter how much reflux really happened, China is still a strong force in the plastic injection molding industry. At the same time, Louisville, Kentucky, Ge appliances factory headquarters is mentioned in many media reports data shows an example because it increases the thousands of jobs. Haier Group will own the company. This is still a good example, the return of the United States makes this China’s injection molding plant in the United States to become the largest injection plant. It is speculated that these investments Haier group, not only to boost the U.S. economy but also to revitalize China’s plastics manufacturing industry recovery. This shows that the global manufacturing complex relationships, mutual win reciprocity.