Analysis of Three Major Bottlenecks in Valve Industry Development
Add time：2017/3/23 9:10:57 Page views：2436
China’s valve market features fierce competition. In terms of market distribution, valve demand is mainly driven by engineering‑project construction. Major end‑users of valves include the petrochemical industry, power sector, metallurgical sector, nuclear‑power industry, chemical industry and urban‑construction authorities.
China’s valve industry belongs to the labor‑intensive sector. Labor‑intensive products will continue to dominate China’s export portfolio for a fairly long period. Nevertheless, it should be noted that the competitive edge of exported labor‑intensive stop valves is gradually weakening due to various factors. For long‑term development, China’s valve industry must adjust and optimize its industrial structure. While giving full play to the strengths of the traditional valve sector, it shall vigorously develop knowledge‑intensive, technology‑intensive and emerging industries to promote industrial upgrading of valves. Only in this way can the gap between China’s valve industry and that of developed countries be narrowed at an accelerated pace.
At present, China’s valve industry still focuses on quantitative expansion, resulting in excessive competition at the same technical level in the global market. To transform this development model, the concept of innovation shall be upheld. Innovation shall be carried out in product development and technical renovation. Enterprises may actively cooperate with research institutes and universities to jointly develop new‑product projects, and strive to explore domestic and overseas markets. By doing so, the industry can shift away from quantity‑driven growth, upgrade product grades, increase product added value, and attach importance to independent brand building. These measures will improve the position of Chinese valve enterprises in global industrial division of labor, enhance risk‑resistance capacity and bargaining power, and further strengthen the sustainable‑development competitiveness of the valve industry.
Shortage of specialized talents has become a bottleneck restricting further development of China’s valve industry, which will inevitably impair the international competitiveness of China’s pressure‑reducing valve sector. To address this problem, a combined approach of internal talent cultivation and external talent introduction can be adopted. On the one hand, short‑term training for existing enterprise employees can be strengthened to optimize human‑resource conditions. On the other hand, high‑quality industry talents shall be introduced through multiple channels to improve the intellectual capital of China’s valve industry.
For long‑term development, China’s valve industry must adjust and optimize its industrial structure. While giving full play to the strengths of the traditional valve sector, it shall vigorously develop knowledge‑intensive, technology‑intensive and emerging industries to promote industrial upgrading of valves. Only in this way can the gap between China’s valve industry and that of developed countries be narrowed at an accelerated pace.
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