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Xinhua News Agency reported on December 15, 2005 that "China has 600 enterprises engaged in the production of plastic machines and related products with an annual production capacity of over 100,000 sets, including 8,000 sets of extrusion machines, 30,000 sets of moulding machines, 3,000 sets of hollow-forming machines. The annual output value of plastic machines totaled 8-10 billion yuan." The news agency said China's export of plastic machines has increased fast to reach 50 million US dollars in value, with mould machine accounting for 60.4 percent of the total export, extrusion press machine 6.8 percent, hollow-forming machine 11.7 percent, and other plastic machine 9.8 percent. The export of die assembly also grews fast, especially in Guangdong, Zhejiang, Shanghai and Fujian province. The major export destinations are Chinese Hong Kong, Japan, Chinese Taiwan, the United States and Singapore, as well as Vietnam, Thailand, Malaysia, Republic of Korea, Indonesia, India and Mexico. The moulding tools producers are mainly in the southeastern coastal areas. Guangdong and Zhejiang produced two thirds of the total products, and most of the products are plastic injection and moulding tools.
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