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The following article was published in our article directory on October 9, 2010.
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In the International Financial Crisis Development in Asia Mold Industry

Article Category: Business

Author Name: Amanda xzh

China Mould Industry Association by the commission, executive vice president of China Mould Industry Association, and Professor Li Zhigang Cao Yanan comrades, in March 2010 was attended by 17 to 20 in Mumbai, India at the Asian Mould Industry Association Annual Meetings. Co-director of the Asia-mode session, the members of the Association for exchange of die mold industry in 2009 the development of various countries, the report from the national Association for the mold that the international financial crisis on Asian countries had a great impact on mold industry.

China Die Mould Industry Association, presented at the meeting the situation of the mold industry. Due to the serious impact of the international financial crisis, China's mold industry in 2009 greatly reduced the pace of development, although the country's GDP grew by 8.7%, but sales of mold industry in China only a slight increase compared to 2008, about 98 billion yuan. As the international financial crisis our government has taken a series of policies to stimulate economic development and measures, our economy has been through the most difficult period, continue to maintain a more stable development. From the second half of 2009, industrial production in China die situation has gradually improved. We report that the current domestic and international economic situation is still very complex, the external environment is unstable and uncertain factors increased, the domestic development is unbalanced, uncoordinated and unsustainable problem remains outstanding. In response to various risks and challenges, 2010, my Government will continue the proactive fiscal policy and loose monetary policy and continue to improve the response to the full implementation of the international financial crisis package. China will make further efforts to expand the domestic market, the adjustment of economic structure, promote economic development pattern. The overall development trend of China's economy will continue to improve, China's mold industry is expected to be further out in difficult position in 2010, to obtain better development.

Die Association of Japan reported that the current difficult environment for industrial development in Japan, especially in automotive and electronics industries, the situation is the same mold industry. In 2009, the total production of Japan's mold, compared with the previous year drop of 29.8%. According to the association is expected to mold the end of 2010 the total output in Japan will decline further. Die in Japan in 2009 fell 12.4% in exports, imports decrease mold 37.5%. Since 60% of the mold business services for the automotive industry, so the sharp decline in serious damage to the automobile industry the mold industry. A large number of orders for large enterprises due to reduced die bankrupt, and this situation continues. Die Society of Japan in the report charts show that Japanese die industry output in 2006 was 490 billion yen, the gross output in 2007 was 480 billion yen, the gross output in 2008 was 4500 billion yen. According to its report said, down 29.8% year on year basis, GDP in 2009 to 315.9 billion yen die. Therefore, the report of the Japanese Association will die of its sharp drop in industrial production molds called "diving."

Association of Korea said in its report the mold, the first half of 2009, Korea mold industry's most difficult period in the second half improved, market demand increased mold and mold the business started to recover, but not entirely out of trouble. According to the Korean Model Association survey, South Korea, the decline in production last year, more than the production of mold growing number of enterprises in the number of mold companies. Recently, the Korean market has been in the lower margin mold state struggle, mainly mold production costs and lower prices to customer requirements due to two reasons. South Korea in 2008 was 4.7 billion value of the mold, the mold production value in 2009 was 45.7 billion U.S. dollars. 2008 South Korea's import and export volume mold 141 million, respectively, and $ 1,507,000,000, $ 1,366,000,000 surplus. In 2009, Korea's exports and imports were 1.40 mold billion and 1.455 billion U.S. dollars, a surplus of $ 1,315,000,000. According to the Korea Association expects the mold, mold in Korea in 2010 is expected to grow by 6%, exports are expected to increase by 10%, imports will be flat with 2009.

The meeting, introduced the Indian Association mold the overall development of the Indian economy and mold industrial situation. In the past 6 years, India's GDP average annual growth rate of 8.5%, maintaining a high pace of development. Because the world economic downturn, India's GDP growth rate in 2009 dropped to 7%. In response to the international financial crisis, the Indian government adopted a series of measures to stimulate economic development. In recent years, India's industrial development will soon die. The mold industrial output in 2009 increased by 20%.

Plastic mold in India in 2009 output grew 36%, 11.2 billion dollars, stamping die production value increased 27% to $ 830,000,000. As the rapid development of the manufacturing sector, India's rapidly expanding market demand for mold in the past 10 years, dies in India at an average annual demand growth rate of 15%. In 2009, India's imports amounted to 1.04 billion die, up 34%; exports grew by 10%. Expected to die in India in 2010 will grow by 20% of the market demand, which reached 3.73 billion U.S. dollars.

Association Council on the Asian model, Malaysia, the Philippines and Thailand also reported on their associations die mold industry developments. In general, most Asian countries have varying degrees tooling industry by the international financial crisis, Asian countries first half of 2009 is the most difficult time tooling industry in 2009, began to recover in the second half. At the meeting, countries in Asia mold industry are optimistic about future prospects, is confident.

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