In recent years, Chinese molds have grown at an average rate of more than 15%, which is more than double the average value of China's GDP. Among them, casting molds account for about 5% of the total output value of various types of molds, and the annual growth rate is as high as 25%. The development is very active.

Luo Baihui, secretary-general of the International Model Association, stated that China's automobile and motorcycle industries have developed rapidly, and their output has grown significantly for many years, ranking first in the world. It has dramatically increased the demand for complex, large-scale, precision casting molds, and is therefore used as a foundry industry. Important support – The casting mold industry has gained unprecedented opportunities for development. The scope of application of castings is very wide, and it covers almost all industrial fields. Among them, the castings of automobile parts are ranked first in terms of their number, variety, strict requirements, high quality and non-ferrous metal materials. The largest share of the entire foundry industry. In the next few years, the production of China's foundry molds will continue to gain strong boost from the domestic auto industry.

Luo Baihui pointed out that in the current wave of economic globalization, the international division of labor is forming. Many foreign companies, based on cost pressures, have purchased large quantities of castings in China and even set up casting production bases in China. On the other hand, the production level and capability of China's casting molds have been greatly improved, and the gap between the quality of molds and the international level has continuously narrowed. The high quality and low prices drove foreign purchases to soar, and the huge overseas mold market demand played a significant role in promoting China's mold industry.