After international financial crisis in
2008, to meet the financial crisis China has taken a proactive fiscal policy to
increase infrastructure investment, stimulating economic development. Benefit
from the development of related industries, production and marketing of
bearings rapidly expanding, the profit level is improved which speed up the development
of the industry. China's bearing industry in 2010 achieved sales income of
151.969 billion Yuan, an increase of 39.45%; industrial output value is of
151.434 billion Yuan, an increase of 38.04%; total profit 9.812 billion Yuan,
an increase of 69.37%.
Released by the Institute
of forward-looking “industry demand for 2012-2016 bearing manufacturing
industry production and sales forecast and the transformation and upgrading of
the analysis report "shows in recent years, the world-renowned enterprises
have entered the Chinese bearing market, and set up production bases, such as
the SKF Group in Sweden, Germany Scotia Forde Group, The Timken Company, Japan
NSK, NTN companies. These companies not only operate globally, and global
manufacturing. By virtue of their brand, equipment, technology, capital and
production scale advantage, engaged in a fierce competition with domestic
enterprises bearing.
At present, China enterprises mainly engaged in the general bearing of production, less dedicated and high-end bearing manufacturers, technology is not mature. Therefore, in order to competition with foreign advanced bearing brand China enterprise also need experience in technology and other aspects.
"12th
Five-Year" period, the effect of national macroeconomic policies will
continue to appear. Maintain strong domestic economic growth, international
markets will be recovery slowly. Economic stabilization and recovery momentum
is gradually enhanced. The development of the national economy will boost
investment in infrastructure, thereby promoting the development of metallurgy,
electricity, construction machinery, building materials, energy and other
industries. China has adopted the revitalization plan for policy support ten
industrial, automotive, aerospace, machine tools, wind power and other
industries, the Bearing
parts demand of these industries will be gradually expanded obvious.
In addition, China government putting attention on bearing market in China will bring in a broader space for development.
Prospective Industrial Institute for bearing manufacturing industry research group analysts believe that with the development of the industry of China bearing, the proportion of its high-end products and then the selling price will increase as well. Expected to by 2015, China's bearing production is expected to more than 22 billion units, with sales expected to more than 350 billion Yuan, becoming the world's largest bearing production and sales base
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