What are some of the cooperation cases between Chinese forging factories and Japan and Germany? Please provide data and examples to illustrate and write an article about it.
Chinese forging factories have been cooperating with leading forging technology companies in Japan and Germany for some time. These collaborations not only promote technical exchange and innovation but also help the Chinese forging market to achieve faster and sustained development. This article will explore the existing cooperation cases between Chinese forging factories and Japan or Germany and provide relevant data and examples.
First is cooperation with Japan. In October 2019, China’s Mitsubishi Heavy Industries, Japan’s Mitsubishi, and Dongwu (China) signed an agreement to jointly research the manufacturing technology of forgings made of high-strength aluminum alloy. The plan was to complete sample production in 2021, realizing forging lightweight and high performance. In addition, China’s Baowu Steel has also cooperated with Japan’s JFE to jointly develop high-end automotive forgings.
Second is cooperation with Germany. In 2016, China’s CRRC and Germany’s Siemens established a joint venture to manufacture high-end transport equipment, including forgings for high-speed trains and subways. Oriental Boiler also established a joint venture with KSB of Germany to produce steam valves and forgings. These collaborations have promoted the improvement of Chinese forging factories’ technical capabilities and processes, thus facilitating the development and production of more high-end products, and at the same time accelerating the development of China’s forging market.
These cooperation projects are reflected in the data as well. According to the data released by the China Forging Material Industry Association, in 2019, the total output value of China’s forging industry was about 1.6 trillion yuan (about 244.4 billion US dollars), an increase of 63% compared to 2010. The trade volume between China and countries such as Germany and Japan in the forging industry is also increasing. For example, in 2019, the trade volume of forgings between China and Japan exceeded 1.7 billion US dollars, an increase of more than 20% YoY.
In conclusion, Chinese forging factories have carried out multiple cooperation projects with leading forging technology companies in Japan and Germany and achieved positive results. These collaborations not only promote technical exchange and innovation but also help the Chinese forging market to achieve faster and sustained development.