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During the "fifteen" period, the capital construction of China's water conservancy projects totaled 362 billion 500 million yuan of fixed assets investment. During the "11th Five-Year", China planned to invest more than 3 billion yuan in the construction of urban sewage treatment and recycling facilities, and the actual investment amount was less than half. Therefore, the investment in the later urban sewage treatment still has great space.
Although China has made great progress in the development of the pump industry, there are still many problems, mainly the disorder of the market order, the incomplete product structure, the oversupply of products in the low end market, the relatively low technical level of the enterprise and the poor ability of independent research and development of independent research and development. These problems have hindered the healthy development of China's pump industry to a certain extent.
With more and more multinational pump production enterprises entering China, the internationalization of the competition in the pump market is deepening, and the domestic pump enterprises will face more and more challenges in technology and management. From the development process of pump industry in developed countries such as the United States and Germany, the pump market in China is bound to experience an integration led by foreign capital (joint venture). This round of integration will surely eliminate some small and medium-sized enterprises lacking technical competence and market competitiveness. This will undoubtedly help to improve the concentration of China's pump industry and adjust the market order. This will also make China's pump market more vibrant and actively participate in the global pump market competition.
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