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Thursday, July 12, 2012

Significantly improvement on competitiveness of China Valve Industry in recent year


Production data released by China's Valve Industry Association show that the 2011 China's valve industrial added value of a total of 13 sectors all grow with double-digit. In which the valve used in construction, heavy mining valve growing double-digit growth is fastest. In a larger proportion of the total chemical industry and power generation industry, relative industrial valves contribute industry-wide growth as the rate of nearly 59%.

According to the data, the valve industry in China in the first half of the overall efficiency index was 169.55%, increased about 20 percentage points than the same period last year. The main business income margin was 5.33, an increase of 0.49 percentage points. China Valve Industry Association vice president said the reasons for high growth that revitalize the equipment manufacturing conclude the government's policy, strong market demand, industry investment capacity enhancement.

In recent years, China's valve casting industry enter a period of rapid development which has become Asia's largest valve casting machining centers as well as one of the world's largest valve casting market. Especially After the rise of the power station valves, chemical valves, valves, building materials and food valves etc., due to its broad development prospects, lucrative market attractive, and valve industry current has become sought-after investment strived to a lot of business.

Broad prospects for China's valve casting products, such as Knife Gate Valve , Gate Valve  and Pressure Valve all get the development by leaps and bounds, but current per capita consumption level of China is not high compared with other country in the world, at an initial stage for only $ 22 per capita. Nobody can deny the valve casting industry is a sunrise industry, which has become the basic materials industry to keep pace with steel, cement, timber industries. 

China domestic entrepreneurs, investors all believe investment valve castings industry is hopeful. What we should pay more attention is investment “threshold" of valve castings industry has gone up. Along with related industries diversified and deep development trend, the identity of the valve casting products already gradually expand to the broader industrial field from the Commodity. High-tech technical areas of the valve products put forward a higher demand. The same time, environmental treatment, recovery and recycling of a variety of end-of-life valve products will become increasingly difficult task.

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