The non-ferrous metal foundry industry broke through the crisis and ushered in business opportunities.

The foundry industry has a close relationship with the machinery industry. The development of the machinery industry will directly drive the development of the foundry industry. In particular, there are several pillar industries that currently support the rapid development of the machinery industry—the correlation between automobiles, power generation equipment, machine tools, etc., and the foundry industry is large, and the leading role is obvious. Therefore, in the long run, the development of the Chinese foundry industry is very good and there are many opportunities. Recalling that in the late 1990s, the annual output of Chinese castings was about 10 million tons. Starting in 1999, the annual output of Chinese castings continued to rise. In 1999, there were 12.65 million tons, 13.95 million tons in 2000, 14.89 million tons in 2001, and 16.26 million tons in 2002. However, judging from the current situation, China is still only a large casting country, not a strong country. “Big” is mainly manifested in many factories and high output; “not strong” is reflected in many aspects such as management, product quality, process equipment, production efficiency and energy consumption, environmental protection, and production concentration. Therefore, President Guo believes that the key to revitalizing the Chinese foundry industry is to work hard in these areas. In particular, the export of castings will be used as a breakthrough to revitalize the foundry industry.

Increase investment in science and technology to effectively promote independent innovation, China's foundry companies' R & D and innovation capabilities are obviously insufficient, product technology content and added value are not high. Historically, China was one of the earliest founding countries for casting. There have been many glorious achievements, but in the past 100 years, none of the 30 or so major foundry inventions in the world have been made in China. In terms of research and innovation, we have fallen behind. Behind the industrialized countries. Most of the castings we produce are low-tech and low-value-added products. There are very few casting products with independent intellectual property rights and international reputation. The key castings with high technical requirements in industrial production are also solved by imports.

To change this kind of situation that is not strong enough, the first is to set up an admission system for foundry companies, and formulate the minimum conditions that must be met in terms of production scale, environmental protection, and labor security (ie, access standards), and limit new construction. The qualified casting company promotes the existing enterprises to reach the standard after reconstructing the standard or regrouping. Second, we must vigorously develop specialized casting production. Within a certain period of time, we must use preferential policies such as taxation to continue to support professional casting companies to accelerate technological transformation and environmental governance. Third, it is necessary to encourage backbone casting enterprises and export leading enterprises to form a group of large casting enterprise groups through mergers and acquisitions or alliances to improve the level of technology and equipment and expand the production scale so as to drive the improvement of the entire industry. Fourthly, it is necessary to develop a batch of mold manufacturing, quality inspection, processing centers for raw and auxiliary materials, or to establish a batch of raw material supply centers for casting and quality inspection centers in areas where casting companies are relatively concentrated, so as to help foundry companies improve product quality.