China’s casting industry holds significant advantages in technology, quality, and price compared to Southeast Asian and Middle Eastern countries, with very promising export prospects. As foreign enterprises enter China, their casting re-export and export will also become an important part of China’s casting exports. Since China’s casting production costs are much lower than abroad, with the gradual improvement of casting technology and quality, not only can casting imports be reduced, but export markets can also be gradually developed to export more casting products abroad. During the 12th Five-Year Plan period, casting imports will continue to maintain a growth trend in the short term, and casting exports will see significant development.

It is reported that in the wave of economic globalization, the international division of labor in industrial development is gradually taking shape. Due to cost pressures, foreign businesses are procuring large quantities of castings in China and even establishing precision casting production bases in China. It can be anticipated that in the coming period, China will continue to bear the manufacturing tasks for international non-ferrous metal castings and products. On the other hand, thanks to the unremitting efforts of casting professionals, China’s casting mold manufacturing level and capability have greatly improved, and the gap in casting quality with advanced industrialized countries is gradually narrowing. Low prices have led to a surge in foreign procurement, and the huge demand from the overseas casting market has played a significant role in promoting the prosperity of China’s casting industry.