In recent years, with the rapid development of various industries in China, the market for pumps, valve products, the demand gap has been expanding, a large number of production and manufacture of pump valve products, the rapid rise of enterprises. In the next 5 years, China's pump-valve manufacturing industry will continue to increase the pace of development, annual growth rate will be as high as 25%, than the mechanical industry annual growth rate of 2%-3%. With the increasing demands of the market, such as the South-to-north water Diversion, west-east gas transmission, large-scale thermal power, petrochemical, nuclear, national defense, environmental protection and other major projects to start, to promote China's high-end pump valve design and manufacture, breaking the foreign technology blockade and market monopoly.

"2015-2020 China Valve market supply and demand and investment assessment Report" shows that the valve industry in the development of national economy, as an important part of the manufacturing industry, plays a very important role, such as electricity, water conservancy, agriculture, chemical, mining, shipbuilding, military, environmental protection, machinery, water treatment, Urban network reform and other aspects of the need for a large number of valves for matching, to meet the requirements of the national economy industry valve manufacturing, to achieve the entire industry's scientific development, take the lead in development, we must seize domestic and foreign market opportunities, forge ahead, and strive to make China a major global valve production base.

"Twelve-Five" period, China's valve industry has made considerable progress. According to statistics, 2015 National sales income of more than 20 million yuan of enterprises total 1806, total assets of 194.8 billion yuan, the year-on-year growth of 2.01%, production valves 9.9411 million tons, the year-on-year growth of 1.32%, the completion of export delivery value of 34.4 billion yuan. "Thirteen-Five" pump valve industry to achieve scientific development and "Internet +" integration, "China made 2025" and the area seamless docking. The "2017 China (Wuhan) International Pump Valve Exhibition", hosted by Guangdong Hongwei International Exhibition Group Co., Ltd. was held at Wuhan International Expo Center in China on September 7, 2017 9th. Domestic and foreign outstanding pump valve products, display advanced pump valve technology and solutions, build pump valve industry information exchange platform to help domestic and foreign enterprises to open up emerging markets, to promote the development of pump valve industry has brought new opportunities.