As die casting requires little cutting during machining, it is being regarded as an optimal way for cleaner production. It also enjoys more opportunities in the automotive sector as lightweight cars are increasingly seen as products that enable energy saving.
Due to higher requirements on die and moulds' working efficiency and manufacturing quality, high speed cutting technology has been the major highlight of the Die & Mould China 2008 exhibition
The most recent annual survey in machine tools reveal that world machine tool output rose 17.90% year-on-year in 2007, while consumption went up by 15.64% year-on-year.
The China Machinery Industry Federation says the gross output value of the country's machinery industry will, for the very first time, exceeds RMB7 trillion.