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At the recent Plastic Processing Technology Summit Forum held in Xi'an, leading experts and scholars from around the world in the plastics industry emphasized that China has become the largest producer and consumer of presses globally. However, they stressed that the country is still far from being a true leader in machine-building. To bridge this gap, the Chinese plastics industry must focus on developing high-tech products, advancing new processing technologies, and researching high-speed, precision presses to catch up with global standards.
Currently, about 60% of the approximately 20,000 molding presses imported into China each year are precision injection machines. In the case of multi-layer co-extrusion machines, Chinese presses still struggle to match the accuracy of foreign models. Meanwhile, over 90% of China's exported plastic machinery consists of low-end products. In 2003, China imported $3.936 billion worth of plastic machinery, marking a 54.7% year-on-year increase—far outpacing export growth. That same year, the gross output value of the domestic plastics machinery industry reached 12.821 billion yuan, with sales amounting to 12.206 billion yuan. Both figures showed an average annual growth rate of over 13%, driven by major companies like Haitian Group, which is now one of the world’s largest press manufacturers.
In terms of exports, China shipped $583 million worth of molding machines in 2003. Over the past decade, the average annual growth rate for machine exports was as high as 41%. By 2003, the export volume of plastic machinery accounted for 37.9% of the total output value of the industry. Despite these achievements, the gap between China’s plastic machinery industry and global leaders continues to widen. If China does not accelerate its development in high-tech areas, it risks losing its competitive edge in the global press market.
Experts point out that the main challenges lie in production speed, precision, and control systems—especially in high-precision equipment. Simply importing foreign technology is not enough to bring China’s press industry up to par. Instead, the country must invest heavily in independent research and development of advanced technologies. While there is no significant gap in environmental protection, energy efficiency, and sustainable development, these areas offer a strong foundation for innovation. Developing energy-saving and eco-friendly presses could help China capture higher-value markets.
To truly improve the overall level of plastic presses, it's essential to integrate advancements in materials science and processing technologies. Energy-saving molding machines aren’t just about adding energy-efficient components—they require a deep understanding of raw material properties and final product specifications. This holistic approach can lead to more efficient and specialized equipment. Additionally, press designers and manufacturers need to have a solid grasp of both mechanical engineering and plastic processing techniques.
In 2003, China’s press market had a capacity of around 100,000 units, with 83,000 produced domestically and 17,000 imported. Although local presses made up 80% of the market, their sales accounted for less than 20% of the total. Imported machines were 8–10 times more expensive, offering much higher added value. With rising labor costs and stable steel prices due to macro-control policies, competing solely on price through low-end products is becoming increasingly difficult. To overcome the “big but not strong†image of China’s press industry, the sector must enhance its global competitiveness through innovation and quality improvements.
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