Industry Analysis & Industry Trends
Bearings are basic components in a wide variety of machinery and motors, and the bearings industry is one of the most rapidly growing segments of China's manufacturing sector. The Chinese Government has been encouraging the manufacture of mechanical and electronic products to improve domestic productivity and to increase the value of Chinese exports.
Following strong industry growth since 2004, industry revenue growth slowed considerably in 2009 to 11.9% for the year. The weaker performance in 2009 was mainly due to the global recession and sharply decreasing foreign demand.... purchase to read more
Industry Report - Industry Locations Chapter
East China is the largest bearing manufacturing base in China. In addition to its well-developed economy, East China provides the region's companies with a range of advantages, including proximity to downstream markets, extensive infrastructure, and convenient transportation. Many of the industry's enterprises in this area are foreign companies with advanced technologies and management experience, such as NSK, Timken and Schaeffler... purchase to read more