China's plastics machinery industry will "ride" the European and American industry New Deal

From the outbreak of the financial crisis in 2008 to the present, the road to global economic recovery has been bumpy and cross-border direct investment has shrunk dramatically. In order to get rid of the adverse effects brought about by the economic downturn, many developed countries have proposed a new “industrial return” policy aimed at attracting domestic companies’ overseas capital to return. According to industry insiders, the return of manufacturing has become a straw for self-salvation in developed countries such as Europe and the United States in the midst of a deep crisis. Changes in the world's manufacturing industry will also follow.

As the most active advocate of "industry return" - US President Barack Obama, once delivered the same message on multiple occasions: Let manufacturing be an important fulcrum for the sustained development of the U.S. economy. On January 24, 2012, when Obama delivered a State of the Union speech, he proposed that American companies should reverse the trend of “outsourcing” jobs and leave more jobs in the United States. In order to make the U.S. manufacturing industry a bright spot in its economic recovery, the Obama administration has also issued a series of preferential policies to support the development of the manufacturing industry, including a number of measures such as tax relief for manufacturing companies, encouragement of exports, and increased investment.

It is understood that at the end of last year, Qian Yaoen, executive vice president of China Plastics Machinery Industry Association, and William Carteaux (William Carto), president of the American Plastics Industry Association (SPI), held a meeting in Shanghai. In the exchange, William Calto revealed that before he came to China, Obama had a conversation with him, hoping to vigorously develop the plastics processing industry in the United States and expressed his desire to strengthen cooperation with the Chinese plastics machinery industry.

According to statistics, the plastics industry is the second largest manufacturing industry in the United States, and its trade volume shows a year-on-year growth. In the first three quarters of 2011, US plastics exports reached 45 billion U.S. dollars, a year-on-year increase of 11.1%. With the strong support of the U.S. government, the export of plastic products has been increasing, and the plastics manufacturing industry has returned significantly. At present, there is a return of 100 billion U.S. dollars in manufacturing.

The United States attaches so much importance to the return of manufacturing, and the European Union is no exception. The international community generally believes that the EU must step out of the predicament of the European debt crisis. In addition to financial assistance and fiscal and tax reforms, adjustment of the industrial structure is also indispensable. European countries need industrial and technical cooperation and should open up more market access. , increase the export of high-tech products.

In this industry return, where are the opportunities for Chinese companies?

In response, Cao Yu, executive vice chairman of the China Plastics Processing Industry Association, believes that the plastics processing industry is a labor-intensive industry that can accommodate more people. At the same time, compared with other chemical industries, the “three wastes” of the plastics processing industry emit less and have little impact on the environment. This is a good choice for the United States that wants to revitalize the manufacturing industry. For Chinese plastics processing companies, the time is ripe to go out and seek cooperation opportunities in the United States at the right time. Cao Yu told reporters that after more than 30 years of rapid development, whether it is plastic machinery manufacturing or plastic processing technology, Chinese companies have significantly improved the level of technology, and some have reached the international advanced level. At the same time, the increase in domestic labor costs and environmental protection costs has also forced Chinese companies to take new actions in opening up overseas markets.

Su Dongping, general secretary of the China Plastics Machinery Industry Association, believes that the development of the plastics processing industry in the United States will bring greater business opportunities to Chinese plastics machinery manufacturers. In the United States, there are almost no manufacturers of plastic mainframes, and only 300 auxiliary machinery manufacturers. Most of the plastic machinery needed for the plastics processing industry must be imported from overseas. At present, China's plastic machinery has already occupied an important position in the international market. Haitian Group's two-month production of plastic machinery can already match Japan's annual production, and at the same time it also has technologies in large-scale, precision and energy-saving technologies. The ability to compete with international advanced manufacturers on the same stage.

“China Plastics Machinery Association is currently cultivating trade and technological exchanges with the US Plastics Industry Association. Through this platform, our companies can better understand the market demand in the United States and lay the foundation for China’s plastic machinery entering the US market.” Dongping said.

In order to attract more Chinese companies to the United States to conduct business, as early as last December, the American Plastics Industry Association made a special trip to Shanghai to hold the 2012 NPE briefing in Shanghai and said that the US plastics market is recovering and developing. There are many industries in the United States and China. Potential cooperation opportunities. William Kalto also voluntarily promised to provide the China Plastics Machinery Industry Association with safety standards and related laws and regulations in the United States, and invited US companies to communicate with Chinese companies to help Chinese companies understand more about the needs of the US market.