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Recently, it was learned from China Bearing Industry Association that China's bearing industry achieved rapid development in 2010. By the end of 2010, the bearing industry had a good production and operation, the economic benefits have increased substantially, and exports have rebounded sharply. Imports are still showing momentum. In 2010, the sales revenue and profit growth of the bearing industry exceeded 30%, and the increase in profit was higher than the increase in sales revenue.
While the bearing industry is developing rapidly, it has also made outstanding contributions to the autonomy of major technological equipment in key areas of China. However, Wang Quanqing, secretary-general of the China Bearing Industry Association, told the reporter that the speed of China's high-end bearings is still not keeping pace with the development of the mainframe.
The reporter learned that China still has a large gap in the fields of high-speed rail bearings and wind turbine main shaft bearings and speed increase bearings. Among them, the bearings used in EMUs with a speed of more than 160 km are currently imported exclusively from international giants such as Sweden's SKF.
It is worth mentioning that the China Bearing Industry Association organized a joint research on high-speed rail bearings and large aircraft bearings in 2010, and has achieved initial results. Bearing industry insiders are optimistic that, according to the current research and development speed, if all goes well, in the next two or three years, China-made high-speed rail bearings will be able to truly achieve matching.
Revenue exceeded 100 billion yuan mark
Although the final statistics have not yet been released, the previous data shows that the bearing industry's main business income in 2010 will exceed 100 billion yuan, reaching 120 billion yuan, and the growth rate will reach 30%. Driven by the automobile, agricultural machinery and home appliance industries, the demand for small bearings increased significantly in 2010. It is estimated that the annual bearing output will reach 15 billion sets, an increase of 36.36%. It is estimated that the total profit can be 6.5 billion yuan, an increase of 38.3% over the previous year.
In 2010, the export of bearings will reach 4.15 billion sets, with a year-on-year growth of 53.65%, an increase of 28.9% over 2008; the foreign exchange earned by exports will reach 3.32 billion US dollars, an increase of 63.6% year-on-year, an increase of 11.4% over 2008.
Wang Quanqing analyzed that the sharp increase in exports was mainly due to the development of China's bearing industry in recent years, the technical quality level of micro-small bearing products has been close to the international level, and has occupied a stable market in the global micro-small bearing market.
In 2010, the number of imported bearings will reach 1.8 billion sets, a year-on-year increase of 30%, an increase of 13.7% over 2008. Imports of foreign exchange will reach 3.8 billion US dollars, an increase of 34.38% over the same period of last year, an increase of 41.8% over 2008. The import and export deficit may reach $480 million.
Progress in new product development
In 2010, the dominant enterprises in the national bearing industry developed 528 kinds of supporting bearings of 106 major technical equipments in 13 key areas, with an annual sales income of 9.2 billion yuan, and the products reached the level of similar foreign products.
Wang Quanqing emphasized that the bearing industry contributed to the autonomy of major technical equipment in key areas of China in 2010.
Analysis of the bearing industry performance high-end market is a bad injury
2011 is the first year of the 12th Five-Year Plan. As the saying goes, a good start is half the success. The development in 2011 is crucial for China's auto industry to seek quantity and quality. The automotive industry needs to be upgraded, the auto parts industry is the foundation, and the development of the bearing industry is also very interesting.