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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. The increase in overseas demand has directly driven the increase in the output of China's casting manufacturing companies.
Second, high quality won the world, and the improvement of the quality of domestic hardware casting products is also an important reason for its increased demand. At present, China's metal casting industry is booming. Only by vigorously developing science and technology and striving to occupy high-end technology, independent research and development technology and use rights can provide a solid market foundation for the development of the casting industry. This is also the key to the development of the casting industry.
In recent years, the Chinese government has successively introduced a series of policies to vigorously support the development of the domestic die-casting and foundry industries. For instance, the government can simplify procedures, reduce links, and implement uninterrupted services in the new administrative procedures for die-casting projects; The development of die-casting enterprises, especially in recycling economy, safe production, clean production of environmental protection and energy-saving, has made remarkable achievements. The government has given preferential tax concessions to reduce the burden on enterprises and promote the development of enterprises; in addition, the government Financial institutions conduct macro-controls to encourage and support local die-casting and casting companies. With these policies as a basis, China's die-casting industry will surely achieve stable and long-term development in a rapidly changing market environment.
In recent years, the vast and growing demand at home and abroad, resulting in the current casting industry in China, especially stainless steel hardware castings favored. Industry experts summed up two main reasons: