China's valve industry market prospects are very broad

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

1. Support from national policies. With the gradual advancement of the national policy to accelerate the revitalization of the equipment manufacturing industry, the development of general basic manufacturing industry will be further supported.

2, strong demand for valve products market. The state-owned economy continued to develop steadily. Investment in fixed assets expanded gradually. In particular, the commencement of several centuries of projects such as "West-east gas transmission", "West-East electricity transmission" and "South-North Water Diversion" requires a large number of valve products; In addition, China is facing the arrival of the industrialization era, the petrochemical industry, the power sector, the metallurgical sector, the chemical industry and urban construction and other large use of valves will enhance the demand for valve products. For example, the power industry in the "eleventh Five-Year" period in the coal power units of large and medium-sized projects to start the valve forecast total: total demand for 153,000 tons of valves, the average annual demand of 30,600 tons; The total demand for valves is 3.96 billion yuan, and the average annual demand is 792 million yuan.

3, with the accession to the WTO, the international trade threshold is reduced and the developed countries to adjust the product structure, China is gradually becoming the world's largest processing plant, the processing and production of valve products face greater space for development. Therefore, as long as enterprises can seize the opportunity, strengthen research and development capabilities, and constantly improve the product science and technology content and product quality, they will be able to occupy an active position in the broad market competition.

4. Enterprises with technological innovation ability have long-term competitive advantages. Can use high and new technology to transform traditional industries, actively introduce, digest, absorb advanced technology and equipment at home and abroad, improve the level of enterprise equipment, accelerate equipment renewal and technological innovation, to achieve the valve industry and product itself optimization and upgrading, improve the added value of products. This kind of valve enterprises will have a long-term competitive advantage.

5, the industry leading enterprises will be rapid development. These leading enterprises not only in scale, but also in technology, capital have advantages, as the market for valve product quality requirements gradually improve, such enterprises will be in the fierce competition to obtain development opportunities. For example, at present, China is vigorously developing the nuclear power industry, while west-east gas transmission, oil pipelines connecting Central Asia and other construction projects, which will be China's intelligent valve leading enterprises such as Hongcheng shares, nuclear power valve leading enterprises in Suzhou will take this opportunity to develop and grow.