gradually increase the momentum of economic recovery

In recent years, the world-renowned enterprises have entered the Chinese bearing market and establish production bases, such as the Swedish SKF Group, Schaeffler Group USA Timken Company, Japan's NSK Corporation, NTN Corporation. These companies are not only operates globally and is the global manufacturing, by virtue of their brands, equipment, technology, capital and production scale advantages, and domestic bearing enterprises engaged in a fierce competition. Domestic enterprises are mainly engaged in the production of general bearing, special bearings and high-end producers less technology is not mature. Therefore, domestic enterprises are to compete with foreign advanced bearing brands, and even beyond, technology and other aspects also need to go through a long period of development.
"Twelve Five" period, the state will continue to show the effect of macroeconomic policies, domestic economic growth remains strong, the international market will recover slowly, and gradually increase the momentum of economic recovery. Development of national economy will boost infrastructure investment, thereby promoting metallurgy, electric power, construction machinery, building materials, energy and other industries, while the state has adopted ten industrial revitalization plan, the automotive, aerospace, machine tools, wind power and other industries provide policy support for the development of these industries on the bearing demand will be gradually expanded. In addition, the state of the importance of the equipment manufacturing industry and the bearing localization trend is increasingly evident that China bearing market will usher in a broader space for development. Meanwhile, with the development of China's bearing hosting industry, bushings product mix will change, its high-end products in the product increased the proportion of unit sales will increase as well, it is expected that by 2015, China's taper roller bearing production is expected to more than 28 billion sets, the main business income is expected to reach 210 billion yuan, becoming the world's largest bearing manufacturing and sales base.
With the bearing manufacturing industry competition intensified, large bearing manufacturing enterprises merger and acquisition and capital operation is becoming more frequent, excellent domestic bearing manufacturers more and more attention on the industry market research, especially on the industrial development environment and product buyers in-depth study. Because of this, a large number of excellent domestic bearing manufacturers brand has risen rapidly, becoming a leader in bearing manufacturing industry!