Date: 2013-07-31

Propelling Equipment Manufacturing Industry & Stimulating Domestic Demand Have Little Impact on Bearing Industry

On Nov. 9th, the Machinery Industry Economic Operation Seminar held by China Machinery Industry Federation has focused on the rapid increasing situation of production capacity, potential risk analysis and suggestions in machinery industry. The related commissioners of the expert commission of China Machinery Industry Federation as well as the leader and experts from the professional association have communicated the situation and problem of industrial production capacity and provided some good suggestions and advice.

Zhang Zhaofan from the bearing industry said that since the implementation of the reform and opening up policy in China, the bearing industry in China has entered into the rapid development period, the annual bearing output and sales have increased 15% and above. The bearing output, sales and foreign exchange of export scheduled in the 11th Five-Year Plan have been finished two years in advance. Bearing output of China was listed in the third in the world for the sum of bearing output and sales income and China has entered into the list of large bearing countries in the world. But the situation and characteristic of bearing production capacity in China is that, many bearing enterprises with small scope, simplex product, low industrial concentration, unreasonable product structure, large proportion of low-end product, fierce market competition, low independent innovation, low investment in science and technology research, etc. The average investment in development takes small proportion in the sales; precision bearings, high speed railway bearings and civil aviation bearings etc. are monopolized by the foreign bearing companies. High dependence on the foreign market; one third of the bearing enterprises exported and the foreign market is simplex, which are pressed by the anti-dumping policy of the foreign countries.

Under the crash of global financial crisis, the increasing way of bearing industry in China that the industrial structure is not reasonable and the production capacity isn

Previous: UBC-Supported 650 Tons Engineering Machinery Fills the Gap in Wind Power Crane Market (Picture)
Next: Tianrun Crankshaft Obtained Patent for Six Utility Models

Hot Products:

Product Model	Inside Diameter	Outside Diameter	Thickness
62203.2RSR bearing	17	40	16
6203.2ZR bearing	17	40	12

【TradeBearings News Statement】

1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"TradeBearings".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.