The key to China's pump industry Improve competitiveness
Release Time：
2012-07-02
The water pump industry is an industry with a very long history, but China's water pump industry started much later than that of developed countries. With China's broad market demand and production advantages, China's water pump industry has developed extremely fast, and has made outstanding achievements in the development of decades. In the past, the production capacity of China's pump industry was backward and could not meet the needs of the domestic market, and many high-end equipment had to be imported from abroad. Now, with the rise of China's manufacturing industry, China's water pump industry has formed a huge industrial scale, not only to meet the needs of the domestic market, but also exported abroad, making outstanding contributions to China's export earnings.
Water pump manufacturing is a labor-intensive industry. China is rich in human resources and the cost of workers' wages is low, so the water pump products produced in China have a strong price advantage, which is the main reason why our water pump products are welcomed in the international market. However, there is still a big gap between the technology of China's miniature water pump industry and foreign advanced technology. In some high-end water pump products field is still far behind the developed countries, low-end products overcapacity is also one of the problems that hinder the further improvement of China's water pump industry.
With the improvement of national labor security in recent years, as well as the improvement of raw material market prices, the profit margin of China's water pump industry is also gradually shrinking. At the same time, the rapid development of China's construction, environmental protection and other industries so that many foreign pump manufacturers see China's broad market prospects, also joined the domestic water pump market fierce competition, to China's water pump manufacturers have brought a lot of pressure. Throughout the development of China's water pump market, the industry analysis, China's sustained growth in market space is a fertile soil for the production of China's water pump enterprises. But the domestic water pump industry should also be aware of the price advantage alone has not been able to achieve long-term market development, how to start from their own, improve the core competitiveness of enterprises should be the future of China's water pump enterprises to think about and solve the problem.
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