"made In China" Valves Opened The Door To The Global Market

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Nearly a decade of development, China's valve castings industry entered a period

of rapid development, has become Asia's largest valve casting machining centers, as well as one of the world's largest valve castings market. Especially in the rise of the power station valves,building materials and food valves, etc., because of its broad prospects for development are vast, lucrative market attractiveness. The valve industry has become a sought-after investment to win a lot of business.

Continued scientific development, the valve industry in China gained considerable progress. The pace of technological innovation has further accelerated. Valves and actuators have been possessed of better performance. Oil prices get stable and the use of natural gas have been expanded. All these factors made investment in oil and gas increased, speeding up the occupation status of the pneumatic control valve in the market.

China Valve Industry Association released data shows that in the first half of 2012, the 13 sub-sectors industrial added value of the national valve industry rapidly double-digit grow. Engineering valve and the heavy mining valve are the fastest growing sector. In the total proportion, the industry-wide rate of chemical industry, electrical industry growth contribution takes nearly 59%.

According to the data, in the first half of the year, country valves industrial economic efficiency index was 169.55%, increased by about 20 percentage points over 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 government's policy to revitalize the manufacturing, strong market demand, industry investment capacity enhancement is the reasons for high growth. The data show that China's machinery industry exports earn foreign exchange $ 65.2 billion, an increase of 36.15%. The cumulative trade deficit $ 1 billion lower than same period of last year approximately $ 2.6 billion.

Trade growth mode of China Machinery Industry valves has been improved to increase the proportion of higher value-added exports in general trade, the gradual escalation of import and export products. Automotive, CNC machine tools, power generating equipment and series of high-value-added products has become an export product highlights. Valve market takes thick root in China as well as in global world market.

Chinese domestic entrepreneurs, investors, investment valve castings industry is hopeful. The valve castings industry investment "threshold", we should pay more attention. Diversified and deep development trend of related industries, valve castings identity has gradually expanded to a wide range of industrial fields, from commodities. The high-tech field of control Valve products put forward higher requirements. At the same time, the bottom valve of all life dealing with environmental protection, recovery and recycling will become an increasingly difficult task.

by: Steven Vegger

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