More than half of the valves in the world are made in China
China is the largest manufacturer of valves in the world, but its profit is only 10% - 20% of foreign products. Yesterday, song Yinli, Secretary General of China Valve Association, gave a very forward-looking special lecture for major valve entrepreneurs in Xiamen. "China is the world's largest valve manufacturer, producing more than 50% of the world's valves
China is the world's largest valve manufacturer, but its profit is only 10%-20% of foreign products. Yesterday, song Yinli, Secretary General of China Valve Association, gave a very forward-looking special lecture for valve entrepreneurs whose main measurement system was automatically cleared in Xiamen. "China is the world's largest valve manufacturer, producing more than 50% of the world's valves, but it is not competitive in the medium and high-end market.
in terms of price, foreign products are often 5 to 10 times that of domestic similar products." Song Yinli said that last year, China imported more than 10 billion yuan of valves, about half of which were profits. Last year, the main revenue of domestic enterprises was more than 240 billion yuan, and the profit was only 17 billion yuan. "Domestic enterprises should innovate and develop new products, especially high-end products." Song Yinli said that although domestic enterprises have made some breakthroughs in the localization of medium and high-end categories, the overall number is far from enough. If they can gradually "replace imports", the market potential is still very large. For example, on the basis of repeatedly soliciting the opinions of relevant departments, enterprises, industry experts and scholars, a set of liquefied natural gas equipment requires more than 1300 valves, of which more than 1000 are ball valves. However, at present, the production of ball valves has hardly been localized, and most of them still rely on imports
"next, we will promote Xiamen to become a showcase for high-end valve products. There are four types of sample ports." Chen De'an, President of Xiamen Valve Association, said that Xiamen has geographical advantages. Some valve enterprises have become quite competitive in the medium and high-end product market, and many Fujian sales elites hope to return to their roots and create a situation in their hometown HRB500 6 (2) 5
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