The raw material prices continued to rise for integrated development

Countries, China's pump industry is still relatively backward. But the person pointed out that the domestic economic development is very rapid, but the supply of water and electricity in many factors under the influence of a serious shortage of water pumps and generators market space is still great. China's pump industry could use the advantage to achieve integrated development.
Although, suffered the impact of raw materials, but the pump industry has maintained a relatively stable demand and development, annual growth rate remained at around 13%. The reason is mainly the increasing improvement of urban infrastructure to a large extent contributed to the water pump industry to enter the sales peak. And together with the national implementation of stimulating domestic demand increasing, many places for agricultural water pumps also subsidies, all of these water and construction of electrical engineering project promoted the development of the pump industry, the pump industry has been a development opportunity.
Although the domestic pump industry has made considerable progress, but there are still a lot of problems. Market order; product structure is not complete, the low-end market products oversupply; relatively low levels of enterprise technology, independent research and development of independent innovation ability of these problems largely hindered the healthy development of the pump industry.
Water pump industry market competition has intensified so many vendors realize that technical level, quality, price and service will become one of the important factors of competition in a certain period of time. As pump vendors to the quality of service, good quality to win the market.
20 years of reform and opening up, China's pump industry in terms of size, strength, science and technology, talent and other aspects of a very large development, to provide economic and technological basis for the development of technology. China's pump industry has the ability to achieve integrated development, but also the only way in order to continue to narrow the gap in developed countries to catch up or exceed the foreign advanced level.