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Suggestions from Experts on the Healthy Development of Zhejiang Valve Industry
Abstract:In the current situation of rising production costs, enterprises should increase their efforts in technological transformation and research and development, improve the technological content of their products, and strengthen brand building to avoid vicious competition and expand the development space of the enterprise.

1、 Adjust product structure and develop medium to good products
In the current situation of rising production costs, enterprises should increase their efforts in technological transformation and research and development, improve the technological content of their products, and strengthen brand building to avoid vicious competition and expand the development space of the enterprise. In addition, good sanitary ware and hardware accessories are industries encouraged by the state to develop. If an enterprise produces good valves, its imported production equipment may also enjoy preferential treatment of exemption from import tariffs and value-added tax.
2、 Carry out processing trade, reduce production costs, and alleviate tax refund pressure
If processing trade is carried out for valve exports, the cost per ton of raw materials can be reduced by 500 to 1000 RMB. At the same time, the processing trade implements a policy of "no taxation, no refund", and the export of processing trade will not increase the burden of export tax refunds on local finance. Therefore, conducting processing trade can also help enterprises avoid the impact of export tax refund difficulties.
3、 Strengthen industry self-discipline and avoid vicious competition
In order to maintain the orderly development of the valve industry in Zhejiang, the role of industry associations should be fully utilized, industry self-discipline should be strengthened, low price competition should be stopped, production and sales of counterfeit and shoddy products should be cracked down on, and a fair competition environment should be created for enterprises. According to the current policy, adopting the "pre export verification and signature" system to impose lower restrictions on valve export prices is a beneficial attempt.

Zhejiang Zhongxin Valve Casting Co., Ltd

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Dongyuan Industrial Zone, Qingtian County, Zhejiang Province, China


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