Wafangdian Accelerates Technology Upgrade to Create the CNY 50 Billion Bearings Industry Cluster

Resource from: CBCC Likes:2965

Feb 08,2012

Wafangdian is continuing to strengthen the industrial chain to accelerate the technological upgrade and industrial agglomeration, and to achieve the annual sales income of over CNY 50 billion by focusing on the traditional advantageous bearing industries. With ZWZ as the leading enterprise, Wafangdian is actively promoting industrial cooperation between bearing enterprises and vigorously developing equipment manufacturing enterprises which provide equipment and market for bearing industry. Mr. Liu Mingdong, the Economic Development Deputy Secretary of Wafangdian said: "We will mainly focus on developing wind power bearings, traffic bearing and high-tech bearings to improve the capacity of the bearing industry, and to ensure that the bearing industry sales income will exceed 500 billion at the end of this year "

(CBCC)

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