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Although there are many restricting factors in the development of the products of our country, but the future market prospect of our valve industry is broad. In the period of economic crisis, the valve market in Asia has maintained stable growth, especially the development of the Chinese valve market still has a strong momentum. Exploring its reasons can be summarized into the following: Although there are many constraints in the development of the valve product in our country, but the future market prospect of the valve industry in our country is very broad. By 2015 China's valve market will be 10% larger than America's and four times larger than Japan's. Buyers will buy $2.4 billion worth of valves. By 2015, three of the top 10 and six of the top 20 will be in Asia.
In the period of economic crisis, the valve market in Asia has maintained stable growth, especially the development of the Chinese valve market still has a strong momentum. The reasons can be summarized as follows :1. Support from national policies. With the gradual progress of the national policy to accelerate the revitalization of equipment manufacturing industry, the development of general basic manufacturing industry will further receive key support.
2. Strong market demand for valve products. The sustained and stable development of state-owned economy and the gradual expansion of investment in fixed assets require a large number of valve products. In addition, our country is facing the arrival of the industrial era, petrochemical industries, electric power, metallurgy, chemical industries and urban construction using large will enhance the demand for valve products.
3, with the accession to the WTO, lower international trade barriers and developed countries to adjust the product structure, China is gradually becoming the world's largest processing plant, valve product processing and production face greater space for development. Therefore, as long as the enterprise can seize the opportunity, strengthen the research and development ability, and constantly improve the product technology content and product quality, it will be able to take the initiative in the broad market competition.
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