Date: 2013-07-31

Domestic largest bearing industrial park is to be settled in Hefei

According to Hefei Daily, Beijing New Huishang Union Investment Corporation has planned the construction of the largest bearing technology industrial park in Hefei.

Yan Wensheng, chairman of Beijing New Huishang Union Investment Corporation said, "The industrial park covers an area of ​​approximately 600 acres, and will be completed in three years as planned. Once completed, it will be an integrated base for R&D, exhibition, trading, warehousing, logistics, etc., and is expected to attract more than 300 enterprises and 10 research institutions to settle in. The annual output value is expected to reach 15 billion to 20 billion yuan, with the profit and tax up to 10 billion yuan. We'll also apply for the Specialty Industry Base of National Torch Program."

Yan added, "A special museum reflecting the development history of bearing industry is also to be built, which will become a science education base, open to the public free of charge."

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