Guantao County in Hebei Province is the Largest Manufacturing Base of Miniature Bearings in Northern Area

Resource from: CBCC Likes:2913

Aug 20,2010

"Now, relying on the largest manufacturing base of miniature bearing , our village became rich by processing bearings and selling bearings, which changed “ the iron chain ” into “gold chain”." On Aug 13th ,Liu Ziming , the Secretary of Party Committee from Qian Fu Du village, Wei Sengzhai town , Guantao County , Hebei province told the reporter. At present , the number of bearing processing enterprises from Wei Sengzhai town was 98 , the annual turnover was 1.4 billion yuan and the profit & tax paid was 9 million. Wei sengzhai town from Guantao country is the largest manufacturing base of miniature bearings in the North, where the output of miniature bearings took up a proportion of 90% in the entire country. Recently, the Guantao county promoted miniature bearing industry to develop fast. Hengxing Bearing Co,.Ltd which is located in the Mingzhu bearing industrial park registered the trademark “Hengxing” . The company exported 1300 million sets of bearings last year , which increase 21% compared with that in the same period of last year .

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