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- MIM (175)
With the rapid development of China’s automobile industry, the demand for
high value auto components growth, while it is driven by the rapid
development of powder metallurgy industry.At the same time, the procurement department global automotive industry chain has been formed, automotive Parts bring many opportunities.However, we must take the opportunity to break through the impasse of auto parts to enhance industrial upgrading.
Although China’s current level of powder metallurgy technology is relatively developed countries still have distance.However, China has the advantage of raw material supply.
Since the 1990s, China’s accelerated development of powder metallurgy products industry (mainly concentrated in the eastern and coastal areas), the annual growth in the eastern and coastal areas were more than 30%.