According to the data released by the China Valve Industry Federation on the 3rd, the industrial value added of the 13 sub-industries of the national valve industry in the first half of the year all grew rapidly in double digits, and the valves of the engineering valves and heavy mining countries grew fastest. The chemical industry and electrical industry, which have a relatively large proportion of the total, contributed nearly 59% of the total industry growth. According to the data, the comprehensive index of the national valve industry's economic efficiency in the first half of the year was 169.55%, which was approximately 20 percentage points higher than the same period of last year. The main business income profit margin was 5.33, a year-on-year increase of 0.49 percentage points. The Vice President of the China Valve Industry Federation said that the government's policy of revitalizing the equipment manufacturing industry, strong market demand, and enhanced industrial investment capacity are all reasons for high growth. Data show that in the first half of the year, China's machinery industry earned foreign exchange of 65.2 billion U.S. dollars, an increase of 36.15% year-on-year, and the accumulated trade deficit was 1 billion U.S. dollars, a year-on-year decrease of approximately 2.6 billion U.S. dollars.
Cai Weici said that the growth mode of China's machinery industry has improved, the proportion of general trade exports with higher added value has increased, and import and export products have been gradually upgraded. High value-added products such as automobiles, CNC machine tools and power generation equipment have become export products. Highlights. The valve market has established a solid foundation in China.
China's five major developments in the valve manufacturing industry 1. The valve industry will continue its structural adjustment momentum With the acceleration of China's integration into the global economic environment and the rapid rise of its economic strength, China has become the most dynamic economic region in the world.
China's economic facilities are relatively complete, its industrial development is relatively mature, and its labor cost is relatively low. It has the comparative advantage of becoming a global valve manufacturing center, and its export-oriented development characteristics are obvious.
The strengthening of the center's status was first manifested in the overall growth of export of valve products in recent years: the growth rate of the export of the main valve products was higher than the growth rate of output, higher than the growth rate of sales in the domestic market; the electrical products of the main valves were fully developed, not only The traditional export categories of electric valves, hand valves, and building valve products have a very high growth rate, and the export growth rate of kitchen electric products and bathroom products with a relatively small proportion of exports has also been very significant. The huge market and central position attraction will further attract the transfer of valve multinational manufacturing centers to China.
2. The capital operation in the industry will tend to be active in the global competition environment. In order to obtain a favorable competitive position and improve competitiveness, industrial capital is another theme of the industry's operation. Supor and Vantage have been listed, and Hongbao is also actively working for the listing. Wanhe's capital market operation will not stop due to the failure of restructuring with Yuemei. From a capital perspective, the current major feature is the expansion of capital. From the point of view of competitive behavior, cooperation in resource sharing among enterprises is increasing.
3, corporate polarization will further exacerbate the high-speed shock period will be the valve industry in the next few years, the direct consequence of this high-speed shock is leading to the current trend of polarization in the cabinet cabinet brand camp to expand. It is expected that valve companies that can really survive in the market in the next few years will definitely not have so much. However, this high-speed oscillation in the valve industry will bring huge opportunities. The result of the shock will make the market operation more rational.
4. The competition among channels has become increasingly fierce. Due to the oversupply of domestic valve cabinet products and increasing pressure on quality, sales channels have become one of the key competition factors. The competition for channels among the parties has become increasingly fierce. On the one hand, kitchen appliance manufacturers have strengthened their control over retail terminals, striving to reduce sales links, save sales expenses, and make sales channels more professional. The company's sales model has been able to adapt to multiple markets at the same time. On the other hand, the development trend of the sales industry has led to the continuous rise of the status of large-scale home appliance chain stores, increased control over the industry, and has led to price competition that was previously dominated by manufacturers. Large retailers, with their broad market coverage, purchasing scale, and cost advantages, will increasingly control the production companies in terms of product pricing, payment, and delivery.
At the same time, the requirements of international market for China's valve products will gradually develop and change. There will be higher requirements for the quality, packaging, and delivery period of Chinese products, and even gradually extend to the production process and product development, product and environmental protection , energy resources, and humanities combined.
5. Competition in which market competition is turned into quality and technology With the deepening of competition, profit margins in all stages of the valve industry chain are being compressed, and the space for price reduction is decreasing. More and more companies are realizing that it is impossible to establish core competitiveness based on price competition alone, and not the direction of long-term development, in an effort to explore new development paths.
Many valve companies have increased their investment in technology, developed new products with high-tech content, differentiated product differentiation as a long-term plan for enterprise development, sought new market demand, and established new economic growth points (into small household appliances and Other similar industries) to achieve the sustainable development of enterprises.
Domestic valve companies, in order to increase their own strength and expand international markets faster, will accelerate the integration with foreign companies through various means to improve product quality and competitiveness.
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. This is mainly due to:
1. National policy support. 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 state-owned economy has continued to develop steadily. Investment in fixed assets has gradually expanded. In particular, the commencement of several projects of the “West-East Gas Transmissionâ€, “West-East Electricity Transmission†and “South-to-North Water Transfer†projects require a large number of valve products; in addition, China is facing the arrival of the industrialized era, the petrochemical industry, and the power sector. The use of large valve manufacturers in the metallurgy sector, chemical industry, and urban construction will increase the demand for valve products. For example, in the “Eleventh Five-Year Plan†period, the electric power industry predicts the total valve demand for large and medium-sized projects in coal-fired power plants: total valve demand is 153,000 tons, annual average demand is 30,600 tons, and total valve demand is 3.96 billion yuan. The average annual demand is 792 million yuan.
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.
1. Enterprises with technological innovation capabilities have a long-term competitive advantage. We can use high technology to transform traditional industries, actively introduce, digest, and absorb advanced technologies and equipment at home and abroad, improve the level of enterprise equipment, accelerate equipment upgrades and technological innovations, realize the optimization and upgrading of the valve industry and products, and increase the added value of products. This type of valve company will have a long-term competitive advantage.
2, the industry leading enterprises will get faster development. These leading enterprises have advantages not only in scale, but also in technology and capital. With the gradual improvement of the valve quality requirements of the market, such enterprises will gain development opportunities in the fierce competition. For example, at present, China is vigorously developing the nuclear power industry, and at the same time, the construction of the West-East Gas Pipeline, connecting oil pipelines in Central Asia and other construction projects, will be the leading enterprises of smart valves in China, such as Hongcheng Co., Ltd. Opportunities grow.
Cai Weici said that the growth mode of China's machinery industry has improved, the proportion of general trade exports with higher added value has increased, and import and export products have been gradually upgraded. High value-added products such as automobiles, CNC machine tools and power generation equipment have become export products. Highlights. The valve market has established a solid foundation in China.
China's five major developments in the valve manufacturing industry 1. The valve industry will continue its structural adjustment momentum With the acceleration of China's integration into the global economic environment and the rapid rise of its economic strength, China has become the most dynamic economic region in the world.
China's economic facilities are relatively complete, its industrial development is relatively mature, and its labor cost is relatively low. It has the comparative advantage of becoming a global valve manufacturing center, and its export-oriented development characteristics are obvious.
The strengthening of the center's status was first manifested in the overall growth of export of valve products in recent years: the growth rate of the export of the main valve products was higher than the growth rate of output, higher than the growth rate of sales in the domestic market; the electrical products of the main valves were fully developed, not only The traditional export categories of electric valves, hand valves, and building valve products have a very high growth rate, and the export growth rate of kitchen electric products and bathroom products with a relatively small proportion of exports has also been very significant. The huge market and central position attraction will further attract the transfer of valve multinational manufacturing centers to China.
2. The capital operation in the industry will tend to be active in the global competition environment. In order to obtain a favorable competitive position and improve competitiveness, industrial capital is another theme of the industry's operation. Supor and Vantage have been listed, and Hongbao is also actively working for the listing. Wanhe's capital market operation will not stop due to the failure of restructuring with Yuemei. From a capital perspective, the current major feature is the expansion of capital. From the point of view of competitive behavior, cooperation in resource sharing among enterprises is increasing.
3, corporate polarization will further exacerbate the high-speed shock period will be the valve industry in the next few years, the direct consequence of this high-speed shock is leading to the current trend of polarization in the cabinet cabinet brand camp to expand. It is expected that valve companies that can really survive in the market in the next few years will definitely not have so much. However, this high-speed oscillation in the valve industry will bring huge opportunities. The result of the shock will make the market operation more rational.
4. The competition among channels has become increasingly fierce. Due to the oversupply of domestic valve cabinet products and increasing pressure on quality, sales channels have become one of the key competition factors. The competition for channels among the parties has become increasingly fierce. On the one hand, kitchen appliance manufacturers have strengthened their control over retail terminals, striving to reduce sales links, save sales expenses, and make sales channels more professional. The company's sales model has been able to adapt to multiple markets at the same time. On the other hand, the development trend of the sales industry has led to the continuous rise of the status of large-scale home appliance chain stores, increased control over the industry, and has led to price competition that was previously dominated by manufacturers. Large retailers, with their broad market coverage, purchasing scale, and cost advantages, will increasingly control the production companies in terms of product pricing, payment, and delivery.
At the same time, the requirements of international market for China's valve products will gradually develop and change. There will be higher requirements for the quality, packaging, and delivery period of Chinese products, and even gradually extend to the production process and product development, product and environmental protection , energy resources, and humanities combined.
5. Competition in which market competition is turned into quality and technology With the deepening of competition, profit margins in all stages of the valve industry chain are being compressed, and the space for price reduction is decreasing. More and more companies are realizing that it is impossible to establish core competitiveness based on price competition alone, and not the direction of long-term development, in an effort to explore new development paths.
Many valve companies have increased their investment in technology, developed new products with high-tech content, differentiated product differentiation as a long-term plan for enterprise development, sought new market demand, and established new economic growth points (into small household appliances and Other similar industries) to achieve the sustainable development of enterprises.
Domestic valve companies, in order to increase their own strength and expand international markets faster, will accelerate the integration with foreign companies through various means to improve product quality and competitiveness.
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. This is mainly due to:
1. National policy support. 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 state-owned economy has continued to develop steadily. Investment in fixed assets has gradually expanded. In particular, the commencement of several projects of the “West-East Gas Transmissionâ€, “West-East Electricity Transmission†and “South-to-North Water Transfer†projects require a large number of valve products; in addition, China is facing the arrival of the industrialized era, the petrochemical industry, and the power sector. The use of large valve manufacturers in the metallurgy sector, chemical industry, and urban construction will increase the demand for valve products. For example, in the “Eleventh Five-Year Plan†period, the electric power industry predicts the total valve demand for large and medium-sized projects in coal-fired power plants: total valve demand is 153,000 tons, annual average demand is 30,600 tons, and total valve demand is 3.96 billion yuan. The average annual demand is 792 million yuan.
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.
1. Enterprises with technological innovation capabilities have a long-term competitive advantage. We can use high technology to transform traditional industries, actively introduce, digest, and absorb advanced technologies and equipment at home and abroad, improve the level of enterprise equipment, accelerate equipment upgrades and technological innovations, realize the optimization and upgrading of the valve industry and products, and increase the added value of products. This type of valve company will have a long-term competitive advantage.
2, the industry leading enterprises will get faster development. These leading enterprises have advantages not only in scale, but also in technology and capital. With the gradual improvement of the valve quality requirements of the market, such enterprises will gain development opportunities in the fierce competition. For example, at present, China is vigorously developing the nuclear power industry, and at the same time, the construction of the West-East Gas Pipeline, connecting oil pipelines in Central Asia and other construction projects, will be the leading enterprises of smart valves in China, such as Hongcheng Co., Ltd. Opportunities grow.
Coupling Parts Saling For Imported & Domestic
Coupling Parts Saling,Viscous Coupling Modification
Shenyang pump products sales co., LTD , http://www.syipsc.com