Although there are many restrictive factors in the development of China's valve products, the market prospect of China's valve industry is very broad in the future. During the economic crisis, the Asian valve market maintained a steady growth, especially the development of China's valve market still has a strong momentum. The reason for exploring it can be summarized as follows:
Although there are many restrictive factors in the development of China's valve products, the market prospect of China's valve industry is very broad in the future. By 2015, China’s valve market will be 10% larger than the US market and four times larger than the Japanese market. Buyers will purchase $2.4 billion worth of valves. By 2015, three of the top ten buyer rankings and six of the top 20 rankings will all be generated in Asia.
During the economic crisis, the Asian valve market maintained a steady growth, especially the development of China's valve market still has a strong momentum. The reason for exploring it can be summarized as follows:
1. Benefit from the support of national policies. As the country's policy of accelerating the revitalization of the equipment manufacturing industry is gradually advancing, the development of the general basic manufacturing industry will be further supported.
2. Strong demand for valve product market. The sustained and steady development of the state-owned economy and the gradual expansion of investment in fixed assets require a large number of valve products. In addition, China is facing the arrival of the era of industrialization. The use of large valve manufacturers in the petrochemical industry, the power sector, the metallurgy sector, the chemical industry, and the urban construction will increase the demand for valve products.
3. With the entry of WTO, the reduction of international trade threshold and the adjustment of product structure by developed countries, China is gradually becoming the largest processing plant in the world, and the processing and manufacturing of valve products face greater room for development. Therefore, as long as the company can seize the opportunity to strengthen research and development capabilities, and continuously improve product technology content and product quality, will be able to occupy a proactive position in the vast market competition.
Although there are many restrictive factors in the development of China's valve products, the market prospect of China's valve industry is very broad in the future. By 2015, China’s valve market will be 10% larger than the US market and four times larger than the Japanese market. Buyers will purchase $2.4 billion worth of valves. By 2015, three of the top ten buyer rankings and six of the top 20 rankings will all be generated in Asia.
During the economic crisis, the Asian valve market maintained a steady growth, especially the development of China's valve market still has a strong momentum. The reason for exploring it can be summarized as follows:
1. Benefit from the support of national policies. As the country's policy of accelerating the revitalization of the equipment manufacturing industry is gradually advancing, the development of the general basic manufacturing industry will be further supported.
2. Strong demand for valve product market. The sustained and steady development of the state-owned economy and the gradual expansion of investment in fixed assets require a large number of valve products. In addition, China is facing the arrival of the era of industrialization. The use of large valve manufacturers in the petrochemical industry, the power sector, the metallurgy sector, the chemical industry, and the urban construction will increase the demand for valve products.
3. With the entry of WTO, the reduction of international trade threshold and the adjustment of product structure by developed countries, China is gradually becoming the largest processing plant in the world, and the processing and manufacturing of valve products face greater room for development. Therefore, as long as the company can seize the opportunity to strengthen research and development capabilities, and continuously improve product technology content and product quality, will be able to occupy a proactive position in the vast market competition.
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