Valves are indispensable pressure elements in the industrial production line, they are extensively applied in the various departments of the national economy. Our country have a history of the valve production of dozens of years, and have accumulated much experience, Since our country¡¯s reform and open to the outside world in particular, the private enterprises sprang up and developed , it developed from over 100 valve factories in the planned economy period to the present thousands of valve factories across the country, as for the production value, it increased from the previous several hundred million to the present over 20 billion, it has become the most dynamic force in our country¡¯s machinery manufacturing industry. Our country also jumped to the list of a big valve manufacturing country in the world.

 Meantime, we should also be aware that our country is not a valve manufacturing power, in the perspective of the valve quality, it is not very high, we don¡¯t also possess some leading-edge products, the valves for the petroleum, chemical industry, and electricity station have to be imported in a great multitude, a great gap exists between our country and some advanced industrialized countries such as America, Germany, Japan etc in terms of the valve production. Therefore, to constantly improve our country¡¯s valve quality, to pursue the excellent products, and to invigorate our national economy are long-term objectives for our valve manufacturing industry to achieve.

 We should say that our country¡¯s valve manufacturing industry has completed its stage of original capital accumulation, at present, some enterprises are striving for being a larger-scale, more-powerful group corporation. The transformation is taking place from seeking a low-cost, low-price approach to pursuing a high-quality, more-achievement access, which is also an essence and priority of a new-round competition. According to some information, the further development will advance for our country¡¯s petroleum, chemistry, and electricity industry during the implementation period of the 11^th five-year plan. For the valve industry, this is both a great opportunity and a grave challenge, it is an unshirkable responsibility for our country¡¯ valve industry to provide high-quality, high- tech industrial valves for these industrial department. Who ignores this point will be eliminate through selection and contest, who attaches attention to this point and have a full preparation will be winner.

 At the same time, with our country¡¯s accession into WTO, our country¡¯s economy is keeping pace with the world economy, the500 world leading firms which have abundant capital and high technology has entered Chinese market, which has brought great challenge to Chinese valve industry.

 Therefore, the valve firms in china should keep pace with the times, conduct the technological innovation and reform, optimize the management methods , and pursue excellent products .