In recent years, due to the rapid development of automotive, home appliance and IT industries in China, and the transference of mould industrial bases worldwide to China, the mould and die industry in China has witnessed convincing development. In 2005-2011, the CAGR of mould output in China reached 9.7%, while that of sales registered 12.6%.
Meanwhile, along with the continuous optimization of mould product mix in China, the large, precision, complicated and long-life moulds, and standard mould parts have occupied over 50% of the domestic market presently. Besides, the proportion of plastic moulds and die casting moulds also rises continuously.
As for regional development, there have been four mould cluster regions in China, namely, Pearl River Delta, Jiangsu-Zhejiang-Shanghai, Hebei-Beijing-Tianjin, and Central China. In 2011, the mould output in Hebei registered 4.777 million sets, and output value amounted to RMB5 billion. In the same year, the output value from automotive moulds and plastic moulds (the two primary mould products of Hebei Province) respectively shared 36.0% and 34.0% of total output value of moulds in Hebei.