Two Factors for the Rapid Development of Plastic Machinery in Our Country
Time:
Mar 21,2011
China's plastic machinery has become one of the fastest-growing industries in the machinery manufacturing sector, with an increasing annual demand for plastic machinery. The rapid development of plastic machinery in China is driven by several factors: first, the rapid growth of the domestic plastic processing industry has led to strong demand for plastic machinery; second, the need for high-tech equipment has resulted in equipment upgrades and the elimination of outdated machinery. Additionally, the increase in the production of plastic products has also triggered growth in the sales of plastic machinery. The promising development prospects of the plastic processing industry will continue to be the main driving force behind the rapid development of China's plastic machinery industry. After joining the WTO, at least two favorable conditions have emerged for the development of China's plastic machinery industry: first, it is beneficial for exports; second, it is advantageous for introducing technology, including advanced manufacturing technologies brought by foreign joint ventures and wholly-owned enterprises in China.
Category: Industry Trends
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