Policy Support for Magnesium Die-Cast Wheels

In the current 13th Five-Year Plan the state lists magnesium alloy as a very important material, and guidance and support in this area are substantial. Provinces with large magnesium reserves, such as Henan and Shanxi, receive generous subsidies. In practice, support covers not only raw-material extraction but also processing: any project related to magnesium alloy receives help on a large scale, often in the millions or tens of millions of yuan.

An excerpt from the 13th Five-Year Development Plan for the New Materials Industry: “Take light weight, high strength, large specifications, high-temperature resistance, corrosion resistance and fatigue resistance as the direction of development; develop high-performance magnesium alloys that mainly meet the needs of large aircraft, high-speed railways and other transport equipment; accelerate the development of magnesium alloy preparation and deep-processing technology; and carry out application demonstrations for magnesium alloys in automotive parts, rail vehicles and other fields.”