World economic recovery will lead the growth of trade in plastic machinery market



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World economic recovery will lead the growth of trade in plastic machinery market

Since the outbreak of the international financial crisis in 2008, the world economy has entered a state of low-speed development. The sluggish economy has restricted global trade, putting a shackle on all walks of life and making it difficult to move forward. However, since the second half of 2016, the world economy has begun to show signs of recovery and continues to rise in 2017. The WTO predicted in September 2017 that global trade will grow by 3.2% in 2018; the IMF predicts that global economic growth will accelerate to 3.7% in 2018.
All in all, the economic growth of the global economy accelerated in 2018, which accelerated the growth of the world economy. Plastic economist Bill Wood also said that "synchronous global recovery" will promote the growth of the plastics market, and the plastics industry is entering a new year with a strong momentum. The plastic machinery industry belongs to the plastic upstream industry, and the recovery of the world economy will definitely drive the growth of global plastic machinery market trade.

Leading: China's economy
In October 2017, the IMF predicted that the annual economic growth rate for 2017 will be 3.6%. Among them, China's economic growth is eye-catching and plays a leading role in the global economic market. In 2017, China's GDP growth rebounded slightly, which is good news for domestic and foreign markets. As the world's second largest economy, China plays a key role in the global market. In 2017, the profitability of plastic machinery enterprises at home and abroad is gratifying, and the result must be inextricably linked to the recovery of the international economy.

According to the available data, in the first 11 months of 2017, China exported 737,021 sets of plastic machinery, with an export value of about 1.991 billion US dollars. The export volume increased by 33% year-on-year and the amount increased by 11%. In the first 11 months of 2017, China imported plastics. The number of machinery was 19,715, and the import value was about 1.605 billion US dollars. The import volume decreased by 27% year-on-year, and the amount increased by 31%. It can be seen that China's plastic machinery industry to strengthen intelligence, automation and industrialization provides a strong growth point for the global plastic machine market.

Obstruction: trade protectionism
Economic globalization and free trade have always been the theme of global economic development. However, the economic situation that has entered a period of weakness since the financial crisis has caused some countries to start to talk about this and trade protectionism is rising. Many countries make a big fuss about tariffs, bans, quotas, government procurement priorities, government subsidies, and localization. According to WTO statistics, G20 member countries, which account for more than 80% of global trade, experienced 256 trade protection measures in the first half of 2017. Global trade is suffering from trade protectionism measures since the international financial crisis.

China's plastic machinery will certainly face related events when exporting to relevant countries. How to protect its own interests in relevant trade cooperation is particularly important. Relevant enterprises should pay attention to relevant national policy bills in a timely manner, adjust local marketing activities according to the latest information, and avoid unnecessary losses.

Focus: Mechanical Innovation

With the implementation and implementation of China's policies, the development of intelligent, automated and industrialized plastic presses in China has accelerated, industrial clusters have been upgraded in depth, and many breakthroughs have been made in the core areas to accelerate the technological and technological progress of plastic press equipment in China. Today's world economic development is based on science and technology, walking in a large stride between precise numbers, and progressing into a function phenomenon.
At this stage in China, the emphasis on smart manufacturing is an inevitable trend. China's plastic machine enterprises should deepen the integration of industry resources, and achieve the overall strength of the industry, even qualitative changes. Ultra-large two-plate servo injection molding machine, biaxially stretched plastic film production line, plastic green energy-saving micro injection molding equipment, large three-color injection molding machine, thermoplastic polyurethane (TPU) supercritical fluid foam injection molding machine, etc. are our struggles. aims.

The global market economy is gradually recovering, and the development of the plastic machine industry will follow in the future. China's plastic machine enterprises must correctly understand the floating problems in the global economic market and the icebergs hidden in the water, so as to avoid unnecessary risks and losses in time. Work hard, recognize your own shortcomings and strengths, check for missing gaps, and enhance your core values and strengths; you must also grasp market opportunities, give play to advantages, and gain benefits.