According to the Chinese valve industry association data released in 2017, the first half of China's valve industry 13 industry industrial added value in the rapid growth of two digit, engineering valves, valve of the fastest growing heavy-duty mining. The proportion of the total proportion of the chemical industry, the electrical industry, the contribution to the industry growth rate of nearly 59%. According to data, in the first half of China's valve industry economic efficiency composite index was 169.55%, an increase of about 2 percentage points over the same period last year, the main business income margin was 5.33, an increase of 0.49 percentage points.

        China's valve industry federation vice president said that the government's revitalization of the equipment manufacturing industry policy, strong market demand, the industry's ability to increase investment, etc., are the reasons for high growth. Data show that in the first half, China's machinery industry exports 65 billion 200 million U. s.dollars, an increase of 36.15%, the cumulative trade deficit of $1 billion, down about $2 billion 600 million. Cai Weici said, China machinery industry trade growth mode of the valve has improved, higher value-added proportion of general trade exports increased, the import and export of products gradually upgrade, automobile, CNC machine tools, power equipment and other high value-added export products have become highlights. Valve market in China has laid a solid root.

        China's valve manufacturing industry will face five major developments:

        1, the valve industry will continue to adjust the trend of the structure.

        With the acceleration of China's integration into the global economic environment and the rapid rise of its economic strength, China has become the most dynamic economic region in the world. China's economic facilities are relatively perfect, relatively mature industrial development and low labor costs, has become a global valve manufacturing center of comparative advantage, valve manufacturing export-oriented development features obvious.

        To strengthen the center position of the first performance of the overall growth in the valve products in recent years: the main export valve products export growth rate higher than the output growth rate, higher than the domestic market sales growth rate; the main valve products in full bloom, a huge market and center of gravity valve will further attract multinational companies to transfer to manufacturing center the China.

        2, the industry's capital operations will be active.

        In the context of global competition, industrial capital is another theme of the industry in order to gain a favorable competitive position and improve competitiveness. From the perspective of competition behavior, cooperation among enterprises in resource sharing is increasing.

        3, the polarization of enterprises will be further intensified.

        The next few years will be the valve industry's high speed shock, but the valve industry's high-speed shock will bring great opportunities, shock results will make the market more rational operation.

        4, the competition between channels is becoming increasingly fierce.

        As the quality pressure increases, sales channels become one of the key competitive factors, while the competition for channels is becoming more and more fierce. The international market for China's valve product requirements will gradually change, will have higher requirements for China product quality, packaging, delivery period, and gradually