As we all know, the production of molds is inseparable from the grinding and grinding of abrasives, and the prosperity of the mold industry has also affected the abrasives industry to a certain extent. In the 1990s, China's mold industry has undergone earth-shaking changes, and now it has become the world's mold production base. In most areas, the national mold has occupied a considerable share. However, many high-end fields, especially automotive molds, precision molds, and high-efficiency functional molds, still have to be imported from abroad. Only a few companies in the country have squeezed into the ranks of precision mold manufacturing.

In 2010, China's mold industry revenue increased rapidly from 140 billion yuan in 2003 to 140 billion, 10 times in 8 years, with an average annual growth rate of 28%. The financial crisis only slowed the growth rate of the industry to 12.5%, which is still far higher than the GDP growth rate. It shows that the development momentum of China's mold industry is very strong. China's mold industry has entered a period of rapid development, which has greatly promoted the progress of mold steel consumption and application technology (valves, pumps). In 2012, China's mold steel consumption reached 117 billion yuan, a year-on-year increase of 20%. China has become the world's mold steel consumption country for five consecutive years, accounting for 21% of global consumption. In the same period, domestic mold steel output value was only 63.5 billion, although it has been globally molded. It's a steel production countries, but the gap between supply and demand reached 53.5 billion, import dependence is as high as 46%, and high-end mold export mold materials almost all rely on imports.

From the overall perspective of the mold industry, the overall level of China's molds is still dominated by low-end molds, especially because the country lacks effective industry entry barriers for the mold industry, so that many so-called mold-developed regions are also low-end, crude and shoddy molds flooding the market. The development trend of the domestic hardware industry mold industry was the main mold products are developing towards larger, more sophisticated, more complex and more economical and rapid. After 5 to 12 efforts, China's mold level will enter the advanced level of Asia by 2015. After 7 years of hard work, it will surpass the United States and Japan in 2019 and reach the international leading level, making China not only a mold producing country but also a mold manufacturing countries.