Paint Pail Mould Trade Deficit Is Increasing Year After Year

  • Although the increase of Paint Pail Mould export is greater than that of import in recent years, the absolute amount of increase is still greater than that of export, which leads to the increase of mould trade deficit year by year. This situation has improved in 2006, with the deficit slightly reduced. There are two main reasons for the increase of mould trade deficit: first, the sustained and rapid development of the national economy, especially the rapid development of the automobile industry has brought about a strong demand for moulds, some high-end moulds really cannot be produced at home, so they have to be imported; But there are some moulds that can be produced domestically and imported.

      This is related to China's current tariff policy and project approval system. Second, the mold export encouragement is not enough. Now mold and other mechanical and electrical products, export tax rebate rate is only 13%, but not up to 17%.

      According to the forecast report of the development prospect of China's plastic mould industry, it is understood that the plastic mould manufacturing enterprises should focus on developing the large, precise, complex and long-life moulds with high technical content, and vigorously develop the international market and develop export 20L Pail Moulds.

      With the rapid development of China's plastic industry, especially engineering plastics, it can be predicted that the development speed of China's plastic mold industry will continue to be higher than the overall development speed of the mold industry, the annual growth rate will remain at about 20% in the next few years.