According to data released by China Customs, from January to May 2018, China imported 427.96 million sets of valves , an increase of 2.5% over the same period of last year. The import value reached 301,1972,000 US dollars, an increase of 27.3% over the same period of last year.
In the development of the national economy, valves play an important role as an important part of the mechanical equipment manufacturing industry. As a subdivision of the manufacturing industry, the valve industry has been widely used in electric power, metallurgy, petrochemical, natural gas, environmental protection and other industries.
The continued increase in the global population and growing energy demand have spawned a large demand for valve products. As a developing country, China's rapid economic growth has greatly promoted the development of downstream industries such as oil and natural gas, and has gradually become a new engine for the development of the valve industry.