Bearing and High-end Equipment Manufacturing Industry Sees a New Development Chance

Resource from: CBCC Likes:149

Mar 08,2013

As bearing and high-end equipment manufacturing industry has been listed in Luoyang "4 +2" industrial chain in 2013, Luoyang bearing industry will have a new development opportunity. According to the insiders, China bearing market could usher in a broader space for development during "Twelfth Five Year". The bearing output in China is expected to exceed 2.8 billion sets and the main business income may reach RMB 21 billion. Thus China will become the largest global bearing manfacturing and sales base. It can be seen that the low-end products has been unable to meet the new development demand, while the high-end bearings in Luoyang including high-speed passenger train bearing, new passenger car bearing and industrial robot beairng etc account for a small percent. Luoyang will focus on the investment in the following sectors: high-speed passenger train bearing, raised speed and heavy load passenger train bearing, new passenger car bearing and mute bearing, as well as high-tech bearings and other high-end products for aviation, aeropace, computer and robot.

(CBCC)

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