General machinery refers the widely used equipment which generally includes the pumps, fans, compressors, valves, gas separation equipment, drying equipment and gas purification equipment and so on. Actually, the valve, such as control valve, is popular which in widely used in many fields such as the petroleum, chemical, metallurgy, electric power, urban construction and environmental protection, etc. The sustained and stable development of state-owned economy and the gradually expanding investment in fixed assets cooperate to lead the valve into great demands. What else, as a member of WTO, China is advancing into the future of the biggest factories as a result of industrial structure. It would be great opportunity for the valve industry to develop on the field of processing.

With the increasing opportunities, together with great challenges, the valve industry is advancing its pace into a bright future. Some expects put forward some constructive suggestions for the further development on this field.

First, it is suggestive to promote the consolidation and reorganization among enterprises in order to create a scale of graded enterprises as soon as possible. It is reported that there are more than 5000 companies manufacturing valve. However, companies with the annual sales income over 50000000 are of a small number. It shows that it is difficult for the domestic companies to compete with that all over the world at present. Thus, it is necessary to further expand market share in the competitive environment through the joint, mergers, and restructuring between enterprises.

Then, it is important to pay more attention on the adjustment of the industrial construction by being creative to develop products with high value and level. It should be realized that the valve industry, like the hand butterfly valve, is developed on the general techniques, together with being labor-intensive. The unpleasant situation can be solved by the cooperation with advanced companies abroad or trials of independent research and development.

Furthermore, it is wise to try best to open up international markets to expand exports through adopting diversified marketing strategy. It has been studied that there is about 40% of the excess capacity in the valve industry. As a result, if it can be made full use of, the future for the valve industry would be quite promising. The performance of the diversified marketing strategy would be a good choice. For example, the trade professionals holding good capacity of foreign language are in great needs and are expected to be well cultivated.

Whatever, the present situation brings great opportunities to the valve industry. Thus, it is time for all companies to improve management level, implement management and institutional innovation. The bright future is on the corner.

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