China Valves Expects Government Support for Infrastructure Projects and China’s Equipment Manufacturing Sector to Help the Valve Industry

KAIFENG, CHINA, February 16, 2009 – China Valves Technology, Inc. (OTCBB: CVVT) ("China Valves” or the “Company"), a leading metal valve manufacturer with operations in the People's Republic of China (the “PRC”), today announced that it expects the Chinese government’s recently announced plans to develop infrastructure projects and help the domestic equipment manufacturing sector to provide significant support to the domestic valve industry.

In November 2008, the Chinese government announced that it will undertake an economic stimulus program to assist the domestic economy. A $586 billion economic stimulus spending package was announced that includes developing infrastructure projects as a means of sustaining the Chinese economy. The government’s support of infrastructure development will increase expenditures on a number of major projects including a major West-to-East Gas Pipeline Project, post-earthquake reconstruction in Sichuan province, a South-to-North Water Diversion Project, and upgrade of urban area infrastructure.

China Valves expects development of the specific infrastructure projects named by the government to create new sales opportunities for the Company. China Valves expects to supply two-way metal seal butterfly valves for use in water supply and drainage systems which are part of the South-to-North Water Diversion Project, and half ball valves for use in the West-to-East Gas Pipeline Project. China Valves also expects to provide valves for use in rebuilding water supply systems, power stations, petrochemical plants and pipelines in the Sichuan earthquake area.

At the beginning of February 2009, as part of China’s announced economic stimulus package, a detailed proposal aimed at reviving the domestic equipment manufacturing industry was finalized and sent to the State Council for discussion. The State Council is expected to approve the proposal soon. This proposal calls for more innovation and efficient production, and the increased development and use of technology in the domestic equipment manufacturing sector. It supports faster development of equipment that is used in the production of goods, and the increased use of China-made equipment instead of imported equipment.

“We plan to acquire and use new technology to optimize our product mix and meet the requirements of the major infrastructure projects named in the government’s economic stimulus plan. We expect that the detailed industrial benefit policies aimed at reviving the domestic equipment manufacturing industry which should be approved soon to give further support to our strategy of promoting Made-In-China products in place of imported products,” said Mr. Siping Fang, Chairman and CEO of China Valves. “We are currently expanding our manufacturing capabilities in order to meet increasing demand for a number of high-tech valves which are used in several different industries. We are also pursuing acquisition targets to expand our business.”

About China Valves Technology, Inc.

China Valves Technology, Inc. through its subsidiaries, Zhengzhou Zhengdie Valve Co, Ltd. and Henan Kaifeng High Pressure Valve Co., Ltd., is engaged in the development, manufacture and sale of high-quality metal valves for the electricity, petroleum, chemical, water, gas and metallurgy industries. One of the best known brand names in China’s valve industry, the Company’s history can be traced back to when it was formed as a state-owned enterprise in 1959. The Company’s products are the result of extensive research and development which also led to a number of patented products and manufacturing processes. China Valves has significant market shares of valve sales to a number of domestic industries, and exports to the rest of Asia and Europe.

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