The manufacturing industry in China in June was 51.5%, and the manufacturing industry remained at an overall level of expansion in PMI

After decades of development,China's valve industry has developed thousands of valve manufacturers. Although the number is large, most enterprises are small in scale. Many enterprises in the industry have problems such as repeated investment and insufficient technological innovation. Many township and village enterprises have developed rapidly, but the starting point of technology is low. They are in the initial stage of imitating production. The production is mainly low-tech, low-quality mass products, lacking core competitiveness.
In addition to some foreign-funded enterprises and a few domestic leading enterprises, most of China's domestic valve companies still have serious product homogeneity, mainly for the domestic low-end market, and low-cost competition. Many small and medium-sized enterprises have no research and development. Pay enough attention to it, the product has no innovation, and it has entered a vicious circle in a slowing market environment.
Valves
have also led some companies to seek cottages and survive with inferior products. "There are many counterfeit products for valve parts.The criminals have seen business opportunities." In addition, due to the relative lag of related product standards, The market has been in chaos in the past few years. This situation is currently improving.
The shortcomings with insufficient innovation are the fatal flaws of many SMEs. In recent years, unfavorable factors such as labor shortage and rising labor costs have also brought inconvenience to the integration of production organizations and supply chains. In addition, as customers' quality requirements continue to increase, management costs and testing costs continue to rise; some companies lack of research and development of new products, the industry lacks guidance from cutting-edge technology, and basically rely on the company itself to cross the river by feeling the stones.
However, some existing original technological innovations are less, and the current situation of homogenization in the industry is increasingly serious. To a certain extent, it reflects that there is still a certain gap between domestic enterprises' professional talent reserve, scientific research and innovation capabilities and international brands. It also brings hidden dangers of "power shortage" to the rapid development of enterprises.