China's annual turnover of the valve market is as high as 50 billion yuan.

China's annual valve market turnover of up to 50 billion yuan, of which about 10000000000 yuan of the market was occupied by foreign valve enterprises.
According to China's "11th Five-Year" development plan, the valve industry in China, especially in the two major markets which focus on water and construction, has a gap in energy saving, environmental protection, safety and sustainable development strategy compared with the international advanced enterprises. It is mainly manifested in the following aspects: Chinese enterprises are small in scale, low in technology level, and weak in brand competitiveness.

If these problems are not solved in time, it not only greatly affects the overall matching level of China's valve industry, but also restricts the healthy growth of China's valve industry. Integration and reorganization is the process that China's valve industry must go through now. Only through a large and large-scale integration of high quality assets and the rapid formation of a strong group, can the famous brand products become the leading role of China's valve market, so as to ensure the urgent needs of Chinese users to the medium and high-end products.

During the "11th Five-Year" period, the total demand for domestic valves was predicted to be 34 billion 500 million yuan. In addition, according to the demand of China's national economic development, the development of valve development is focused on the development of new products such as thermal power, nuclear power, hydropower, large petroleum chemical industry, oil and natural gas gathering pipeline, coal liquefaction and metallurgy. In the development of the new products, we should attach importance to the popularization and application of new technology, such as the application of the new technology of vacuum electron beam welding and shearing extrusion in the development of high temperature and high pressure power stations and nuclear power plant valves when the forging welding structure is adopted, and the application of the whole welding technology for the large diameter whole ball valve of the long distance pipeline.