China's western hardware mold machinery casting industry development potential business opportunities

According to relevant reports, China is currently the world's largest producer of metal mold machinery casting industry, but more than 80% of metal mold machinery casting enterprises are located in the Pearl River Delta and Yangtze River Delta regions. From the perspective of the regional distribution of 113 professional metal mold machinery casting markets in the country, Liaoning, Shandong, Jiangsu, Zhejiang, Guangdong and other coastal developed areas accounted for 61.9%. Relatively speaking, the western China metal mold machinery casting market is relatively small. The grade is not high, therefore, there is a huge business opportunity in the development of metal mold machinery casting industry in the west. Luo Baihui believes that in the next five years, the western metal mold machinery casting industry will increase the proportion of the country by 3-5 percentage points, and the western metal mold machinery industry will likely increase the output value of 2-3 billion yuan.

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