Although there are many restrictive factors in the development of China's valve products, the market prospect of China's valve industry is very broad in the future. This is mainly due to:

　　1. Support of national policies. With the gradual promotion of the national policy of accelerating the revitalization of the equipment manufacturing industry, the development of general basic manufacturing industry will be further supported.

　　2. Strong demand in the valve product market. The state-owned economy continued to develop steadily. Investment in fixed assets has gradually expanded. In particular, the commencement of several century projects such as "west to East Gas Transmission", "west to East power transmission" and "South-to-North Water Transfer" requires a large number of valve products; In addition, China is facing the arrival of the era of industrialization. Large users of valves in petrochemical industry, power sector, metallurgical sector, chemical industry and urban construction will increase their demand for valve products. For example, during the "Eleventh Five Year Plan" period, the total forecast of valves required for large and medium-sized projects of coal-fired power units in the power industry is: the total demand for valves is 153000 tons, with an average annual demand of 30600 tons; The total demand for valves is 3.96 billion yuan, with an average annual demand of 792 million yuan.

　　3. With the accession to the WTO, the reduction of international trade barriers and the adjustment of product structure in developed countries, China is gradually becoming the largest processing plant in the world, and the processing and manufacturing of valve products is facing greater development space. Therefore, as long as enterprises can seize the opportunity, strengthen R & D capacity, and continuously improve the scientific and technological content and product quality of products, they will be able to occupy an active position in the broad market competition.

　　4. Enterprises with technological innovation capability have long-term competitive advantages. Be able to transform traditional industries with high and new technologies, actively introduce, digest and absorb advanced technologies and equipment at home and abroad, improve the equipment level of enterprises, accelerate equipment renewal and technological innovation, realize the optimization and upgrading of valve industry and products, and improve the added value of products. Such valve enterprises will have long-term competitive advantages.

　　5. Industry leading enterprises will develop rapidly. These leading enterprises have advantages not only in scale, but also in technology and capital. With the gradual improvement of market requirements for valve product quality, such enterprises will obtain development opportunities in the fierce competition. For example, at present, China is vigorously developing the nuclear power industry. At the same time, the construction projects such as West to East Gas Transmission and oil pipeline connecting Central Asia will start, which will provide an opportunity for China's leading enterprises of intelligent valves, such as Hongcheng Co., Ltd. and China Nuclear Suzhou, a leading enterprise of nuclear power valves, to develop and grow.