
The hardware mold industry is at a critical stage of transformation. To move forward, it must focus on both internal and external improvements. First and foremost, companies need to shift their mindset, embrace long-term strategic planning, and set realistic growth objectives. This means moving away from price-based competition, investing in core technologies, and continuously refining product quality to build a stronger market presence.
For China’s mold industry to adopt an intensive development model, it must aim for “low input and high output.†This requires comprehensive reforms across all areas of operation. Companies should enhance their management systems, boost overall efficiency, and optimize departmental structures to minimize resource waste. A more effective internal competition system can be introduced to improve employee skills and drive innovation.
Building strong brand identity is also essential. While individual companies should focus on cultivating their own brands, they should also work together to create regional brand initiatives. This includes coordinating efforts among different departments and promoting the use of collective trademarks. By leveraging brand clustering, the industry can achieve greater synergy and drive broader development.
Collaboration and service platform development are key to advancing the sector. Establishing partnerships with research institutions and technical organizations can help create integrated platforms that combine production, education, research, and testing. Additionally, building a standardized information system—supported by experts in standardization—can improve industry-wide communication and compliance.
Encouraging participation in trade fairs and exhibitions helps companies increase visibility and expand their marketing reach. Creating shared marketing resources and establishing strong talent zones can further strengthen the industry. By pooling talent and technological expertise, leading companies and mold testing centers can form a technology development hub, supporting smaller firms in upgrading their capabilities.
In summary, while China's mold industry has made significant progress in recent years, challenges remain. Issues such as inefficient mold structures persist, and the industry must focus on high-end production molds to achieve sustainable growth. Embracing an intensive development path is not just a choice—it’s a necessity for long-term success.
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