Driving Factors in China Pump Industry
(1) Changes in Nature Spur Demand Recent years’ frequent droughts have brought soaring demand for agricultural water pump. In addition, China’s groundwater level is lowering. According to the research of China Geological Survey, the fresh groundwater for annual exploitation in major plain and basin areas of northern China is 57 billion cubic meters while the real number is 36.63 billion cubic meters. The intensity and rate of groundwater exploitation is quite imbalanced in these plain and basin areas. Plain areas in North China have the highest groundwater exploitation rate reaching…
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