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Wang Zhengqing, deputy director general of the Taiwan Machinery Industry Association, said recently that the growth rate of Taiwan's plastics machinery manufacturing industry has slowed down and new investment will be transferred to the mainland.
Taiwan’s plastics machinery manufacturing industry experienced a rapid growth of nearly 20% in 2004. Under the influence of factors such as the appreciation of the exchange rate of Taiwan dollar against the U.S. dollar of 4% to 5%, the impact of high oil prices on investment, and the price increase of steel products, development began to slow down. Last year, the export value of Taiwan's plastics machinery manufacturing industry was 950 million U.S. dollars, an increase of 3% over 2004, but its exports to the mainland have decreased by 5.48%. Wang Zhengqing believes that in the future investment in Taiwan's presses will gradually shift to the mainland. This trend has been inevitable, and the number of companies will not be less than that of foreign countries from Germany, Italy, Japan and other countries. Production will also increase. Mainly mass-produced models, and the newly developed high-priced system integration and computer-controlled models will remain in production on Taiwan Island.
Taiwan’s plastics machinery manufacturing industry experienced a rapid growth of nearly 20% in 2004. Under the influence of factors such as the appreciation of the exchange rate of Taiwan dollar against the U.S. dollar of 4% to 5%, the impact of high oil prices on investment, and the price increase of steel products, development began to slow down. Last year, the export value of Taiwan's plastics machinery manufacturing industry was 950 million U.S. dollars, an increase of 3% over 2004, but its exports to the mainland have decreased by 5.48%. Wang Zhengqing believes that in the future investment in Taiwan's presses will gradually shift to the mainland. This trend has been inevitable, and the number of companies will not be less than that of foreign countries from Germany, Italy, Japan and other countries. Production will also increase. Mainly mass-produced models, and the newly developed high-priced system integration and computer-controlled models will remain in production on Taiwan Island.
Nantong Haisheng Optical Co.,LTD , https://www.haisheng-optical.com