China is a big casting production country, domestic casting serious overproduction, but China’s casting overcapacity refers to China’s low-end casting overcapacity, China’s high-end casting production is difficult to meet the market demand, therefore, China’s casting industry demand to convert low-end casting capacity into high-end casting capacity, enhance China’s casting industry progress.
In recent years, the demand for broad and increasing development at home and abroad has led to the current pampering of China’s casting industry, especially stainless steel hardware castings. Industry experts summarized two reasons: First, with the continuous improvement of China’s economic status and the continuous development of China’s casting industry, more and more hardware casting products are exported to other countries, and the increase in overseas demand directly drives the increase in product output of China’s casting manufacturing enterprises. Second, high quality wins the world, and the improvement of domestic hardware casting product quality is also an important reason for its increased demand. China’s hardware casting industry is booming.
Energy conservation and emission reduction will become the focus of China’s casting capacity policy: in order to cope with global warming and reduce the consumption of fossil energy, the state attaches great importance to the improvement of energy efficiency in the industrial field and the reduction of greenhouse gas emissions. The process of energy efficiency improvement is also the process of retrofitting or withdrawing backward production capacity with high energy consumption and high emissions. China’s casting industry as a whole is an industry with high energy consumption and pollution, and the country is also paying close attention to energy conservation and emission reduction in the field of castings. According to experts’ predictions, in the future, in order to do a good job in energy conservation and emission reduction in the casting industry, the state will formulate a policy combining mandatory and incentive, and its policy measures may include: regulations and standards, fiscal policies, agreements and targets. In short, energy conservation and emission reduction will become the focus of China’s casting capacity policy.
Post time: Mar-13-2023