Bearing Demand to Rise in the Stability in 2010

Resource from: CBCC Likes:2897

May 07,2010

One of the features of economic operation of bearing industry in China in 2010 is that the bearing demand will rise the stability; the competition among the enterprises will become more fierce; the enterprises will face up much more pressure, while the total sales of the whole industry will keep increasing steadily on the basis of that in 2009. China Bearing Industry Association (CBIA) predicted that the total sales in domestic bearing industry will increase 10% and above in 2010. Making a general observation of the development of bearing market home and abroad and the enterprises in the industry, it is predicted that the main business in come in bearing industry in 2010 will exceed 100 billion yuan; the bearing production will reach 11 billion sets, creating foreign exchange of 2.2 billion US dollars and the industrial added value energy consumption per unit will decrease 10%.

(CBCC)

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