A report shows that to meet the requirement of energy in, China needs to invest 37 trillion USD to energy industry from 2012 to 2035, annual investment amount accounting for 1.5% of global GDP. For structure, investment for electricity reaches to 17 trillions USD. For area, more than half of investment in energy comes from developing countries. Massive energy investment will increase demand for industrial valves. Otherwise, as new energy, nuclear industry also requires large number of industrial valves. Currently, China's electricity consumption is next to the U.S., having become the second largest electricity consumption states in the world. In 2012, total electricity consumption was 4.96 trillion kilowatt-hour. The gradual development of China economy and acceleration of industrialization and urbanization will increase electricity consumption. According to estimation from KPMG in 2010, in the next 20 years, the investment in China electricity will reach to 2.77 trillion USD, accounting for 1/4 of global energy investment over the same period. International Energy Agency predicts that China electricity investment will account for 23% of global electricity investment from 2005 to 2030. China nuclear industry will accelerate localization of equipments. For that, nuclear industry will requires large numbers of industrial valves. Kaitai Valve Group is headquartered at Baoshan City Industrial Zone,Shanghai China, Also it is one of high-tech enterprises in Shanghai, a member of the Association of China General Machinery, and a regular supplier to some of the country’s major energy players such as China Petroleum & Natural Gas Corp, China Petrochemical, China Power and China Sea Oil etc.We mainly produce sales Ball Valve,Gate Valve,Globe Valve,Check Valve,Butterfly Valve,Plug Valve and Strainer. We can supply the quotation and drawing of valves according to request of customers. We can delivery valves in time as per our clients’ need. We also provide the valves service of after-sales. More Wedge Gate Valve product information：www.valveschina.net
