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Industry News | China Will Become Major Player in 3D Printing, Analyst Says

Date: 2019-03-07
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Visitors stand behind a 3D-printed model created for medical purpose 

China is quickly closing the gap on the adoption of 3D printing, a sector on the cusp of transforming from prototyping and design to real-life manufacturing and end-user engagement, according to an industry executive.

Some of the most advanced 3D printing applications will be driven by Chinese companies, in light of the level of government incentives to promote the industry, said Michael Agam, president of South Asia at Stratasys, a 3D printing and additive manufacturing solutions company based in the United States.

'Customers and end-users are expecting new things in a much faster pace than before, prompting companies to come up with new products in a pace that…could never be done by traditional manufacturing,' Agam said in an interview in Shanghai.

Speeding up production and shortening supply chain are not the only game changer. The need to come up with tailor-made designs that are flexible to end-user needs lie at the heart of 3D printing, he said.

The Chinese government is making the development of additive manufacturing technology in the country a priority. Foreign companies are encouraged to set up branches and R&D centers in China, and a few domestic companies, which have already had their products recognized internationally and will be able to compete in the international market, will be fostered.


Via: http://global.chinadaily.com.cn

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