Is expected by the end of 2005, industrial pump industry output will reach 15 billion yuan, the sales income of 16 billion yuan, is 125% in 1998. Among them, the total industrial output value of "fifteen" during the annual growth rate of 5%.

Products in the domestic market share from the current 84% to 90%. Among them, thermal power, nuclear power and "three chemical" in 2005 and 2010 focused on market share reached 75% and 80% respectively. The level of technology and equipment capacity of enterprise product development, production and processing equipment will have a strong competitive ability.

The next 10 years, but also pump export industry increase period with the maximum amplitude predicted in 2005 and 2010, exports were up to $4.5 billion and $700 million about, than in 1998 increased by 2.5 and 4.4 times, than 2000 prediction value will also increase 1.2 times and 2.9 times. 2005 and 2010 exports of products will account for 25% of total industrial output value and about 32%.

Products focus on the development of ultra supercritical thermal power units supporting the boiler feed water pump, air cooling thermal power generating units with a pump, pump used in nuclear power station, and gradually fill the oil fields and offshore oil production, oil refining and oil, petrochemical, and other special pump blank, the formation of new economic growth point of the pump industry.

Industrial Pump Association, according to statistics, association membership of nearly 3 years, industrial pump average annual exports at the rate of 200% growth, is expected to 2000 and 2005 export pump Association member units can be reached $1.6 billion and $3 billion, the pump industry reached $2 billion, 450 million dollars or so. Industrial pumps are mainly exported to countries and regions, Southeast Asia, Bangladesh, Pakistan, South Africa and other places. Submersible pump products Zhejiang Fengqiu group company, run by sales department in the United States, Europe and other places, have opened these areas of product sales, and achieved better results than domestic sales.

At present, ordinary industrial pump products oversupply, special products of high level and high quality demand, also be imported from abroad, and the level of user product requires a larger gap. The industrial structure and product structure unreasonable phenomenon is obvious, products reach the world advanced level is few, most only reached the level of the beginning of the 90's at the end of the 80's, can not adapt to the change of market demand structure. A serious backlog of products, products on the other hand market is too slow or shortage, out of the traditional product pattern. With the dynamic gap between foreign and not shrinking, the situation is not optimistic.