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Development situation of valve industry in China

Development situation of valve industry in China

Apr 8,2020

The growth mode of the trade of valves in China's mechanical industry has been improved, the proportion of general trade exports with higher added value has increased, the import and export products have been gradually upgraded, and high added value products such as automobiles, CNC machine tools and power generation equipment have become highlights of export products.The valve market has deep roots in China.

1. The valve industry will continue the structural adjustment momentum.With the acceleration of China's integration into the global economic environment and the rapid rise of its economic power, China has become the most dynamic economic region in the world.China's economic facilities are relatively complete, industrial development is relatively mature and the labor cost is relatively low, has the advantage of becoming the global valve manufacturing center, valve manufacturing export-oriented development characteristics are obvious.

2.The capital operation in the industry will become more active.In the context of global competition, industrial capital is another theme of industry operation in order to gain a favorable competitive position and improve competitiveness.From the point of view of capital, the main characteristic at present is that the expansion of capital is intensifying.From the competitive behavior, the cooperation of resource sharing between enterprises is increasing.

3.Corporate polarisation will intensify.The next few years will be the valve industry's high-speed shock period, it is expected that the next few years can really survive in the market valve enterprises will be less.But this kind of high speed concussion of valve industry will bring huge opportunity, also can make market operation more rational.

4.The international market has gradually developed and changed the requirements of China's valve products, which have higher requirements on the quality, packaging and delivery period of Chinese products, and even gradually extended to the production process and product research and development, combining products with environmental protection, energy resources, cultural environment.

5.Market competition translates into competition for quality and technology.With the deepening of the competition, the profit margin of each stage of the valve industry chain is compressed, the space of price reduction is gradually reduced.More and more enterprises realize that price competition alone cannot build core competitiveness, not the direction of long-term development, so they try to explore a new development path.Many valve enterprises have increased the technical investment to develop new products with high technology content, take product differentiation as a long-term solution for enterprise development, seek new market demand, establish a new economic growth point, in order to achieve sustainable development of enterprises.In order to improve their own strength and expand the international market, domestic valve enterprises will speed up the integration with foreign enterprises through a variety of means to improve product quality and competitiveness.