In recent years, through continuous introduction of foreign advanced technology and independent development innovation combined, the powder metallurgy industry and technology are shows a rapid development tendency. which is One of the fastest growing industry in Mechanical generic components industry in china. powder metallurgy industry of the country's GDP growth rate is 35% in every year.
The global manufacturing industry is accelerating the transfer to China, the rapid development of automobile industry, machinery manufacturing, metal industry, aerospace, instrumentation, hardware tools, construction machinery, electronic appliances and high-tech industries, for the powder metallurgy industry brought rare development opportunity and huge market space. In addition, the powder metallurgy industry has been included in the priority development and encourage foreign investment projects, which development prospects are very broad.