Since 2013, the co-organizer, NürnbergMesse China, has been extremely successful in staging this trade fair. At this year’s event, around 400 exhibitors (2017: 323) and 18,000 trade visitors (2017: 14,258) from the automotive, electronics and mechanical and plant engineering sectors are expected. For German and European companies, China Diecasting is a good opportunity to get to know the flourishing Chinese die casting market and open up new business potential.
In a few decades China with a population of nearly 1.4 billion has become the world’s second largest economy behind the US and plays an influential role in the global economy. The World Bank estimates that by 2019, China will contribute approximately 35 % to the world’s overall economic growth, while the share of the US is expected to be 18 % and the share of the EU 8 %. For 2018, AHK China, the German Chamber of Commerce in China, expects for China a GDP growth of approximately 6.5 %. Private consumption and particularly e-commerce are expanding fast and the country’s trade volume increased substantially: In 2017 imports increased by 15.9 % and exports by 7.9 % compared to the previous year.
According to AHK China, the transformation of China’s economic is, amongst others, driven forward by political reforms which focus on expanding high-value manufacturing and sustainability. China’s government, eager to increase the competitiveness of domestic companies to the international level, is pushing ahead with the expansion of promising industrial sectors. With the launch of the “Made in China 2025” strategy, the manufacturing industry in the country is stepping into a new period of development, and the Foundry Institution of Chinese Mechanical Engineering Society (FICMES) is convinced that the die casting sector is fully participating in this “crucial period of transformation and upgrading”. The “Made in China 2025” programme defines ten priority industries such as energy saving, new energy vehicles (NEVs), aerospace and railway equipment as well as numerical control machine tools and robotics. Virtually all these ten key industries have at least one thing in common: They need workpieces made by die casting to achieve their goals.
In the year 2015, China produced 45.6 million metric t of castings in total, followed by India (10.8), the US (10.4), Japan (5.4), and Germany (5.3). With 45 % of the total world casting production, China is the globally leading metal casting nation and has also become the nation with the largest die casting production worldwide. According to FICMES, China’s foundries produced 3.7 million t of die castings in 2015. About 70 % of die castings are used for automobiles and motorcycles. Over the last 20 years, the average annual growth rate in the Chinese die casting industry has been around 13 % and thus higher than the average growth of the country.
Casting specialists say that China’s foundry industry is still lagging behind the foundry industry of industrialized countries and needs urgently to be transformed and upgraded. Challenges to be solved are tackling overcapacities, increasing the ability of independent innovation and improving efficiency. Aggravating this situation, a nationwide environmental inspection has raised higher requirements for many foundries. Significant issues concern the reduction of energy and resources consumption and the discharge of pollutants. Also the demands of “Industry 4.0” solutions and industrial robots have become a major trend.
The 3-day event will take place together with the China Nonferrous 2018 trade fair and be accompanied by high-end seminars, die-casting competitions, network platforms and match-making events. China Diecasting 2018 is supported by the domestic and international associations such as FICMES, CEMAFON, International Zinc Association.
For further information please visit: www.diecastexpo.cn/en