It relates to a current pressure reducing valve. It comprises a valve, valve core bar, pressure regulating cover, involucra, spring, spring base, regulating pressure screw, nut, epithelial pressure plate, O type ring of valve core bar, O type rings behind and before the pressure reducing valve base, pressure reducing valve base, seal gasket, seal gasket pressure plate, hexagonal cap, block and return hole, with inner thread on the valve fitting with the outside thread of the pressure regulating cap. It is reasonable, reliable in connection, convenient in installation, clean in working environment, endurable, good in performance and low in cost.