The policy is favorable to laying the foundation for the outbreak of the water meter industry

According to a report from the Ministry of Water Resources, under the dual promotion of “steady growth” and “supply-side reform”, the national water investment target for 2016 is about 800 billion yuan. The Ministry of Water Resources stated that many large projects will begin to invest, and more projects are accelerating their reserves. The preparation of numerous water conservancy projects has also led to the further expansion of related industries, such as the smart meter market.

According to sources, in 2016, the Ministry of Water Resources will pay close attention to construction projects in Guizhou Jialin, Xiteng Rateng Gorge, and Tibet's Laluo Water Control Project. The construction of numerous water projects will promote the overall economic stability of China. Most of the water conservancy projects are concentrated in the southwest region. This shows that our government will work hard to solve the problem of water shortage in the southwest region and strive to raise the living standards in related areas. When it comes to water conservancy, it is necessary to talk about the water meter, which is one of the indispensable equipments in the water conservancy project. It is also one of the measuring instruments for residents' living.

With the advancement of society and the development of technology, traditional water meters are no longer suitable for development in the current era. Residents gradually use smart water meters, but this requirement is particularly difficult in backward areas. The difference in the backward mountains is that smart water meters may not even have water meters, and they have been relying on artificial water to obtain water resources. Most of the current water conservancy project planning is concentrated in the southwest region, and it also brings a broader market for water meters based on solving the problem of regional water use. In recent days, residents in the Tibetan area gradually embarked on the measurement of “one household and one form”. In some residents who do not have water meters installed, one meter is installed in each household to realize water metering charges. 90% of users in Lhasa, Tibet, have completed the “one household, one meter” installation project. After the completion of the transformation, meter reading personnel at Lhasa City Water Company can copy the water meter without disturbing the people. The “One Family, One Meter” project has facilitated meter reading by the water company and has also improved the living standards of residents.

The continuous advancement of urbanization has brought about a continuous increase in the demand for smart water meters, which has led to the expansion of the smart meter industry market. The development of smart cities and the implementation of stepped water prices have brought the smart meter industry an opportunity to break out. The continuous expansion of the market led to the growth of water meter companies. On January 15, 2016, the water meter company Ningbo Water Meter was listed. According to the listing announcement, the operating income of Ningbo water meters for the period from January to April in 2015 was 239 million yuan, which was comparable to that of 2014. The annual operating revenue was 796 million yuan, and in 2015 it accounted for only one-third of the whole year in only 4 months. The continuous growth of the water meter market has laid the foundation for the development of water meter companies.

With the development of social economy, the western region's market has gradually become one of the important markets of the industry. More and more industrial enterprises have gradually shifted their development direction to the western region. The 26th China International Surveying and Control Instrumentation Exhibition in 2015 moved from Beijing and Shanghai to Chongqing for the first time, indicating that the development of instrumentation areas has begun to attach importance to the markets in the central and western regions.

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