China Market

Xibei Bearing obtained 150 million yuan from Ningxia Hui Autonomous Regional Government

Resource from: CBCC 19 Aug,2014
Ningxia Hui Autonomous Regional Development and Reform Commission issued on August 13, 2014 a notice of investment plan in budget for independent innovation capacity-building of the year 2014, which grant funds of 150 million yuan to Xibei Bearing Bearing Co., Ltd. for its Large Special Bearing Advanced Manufacturing Technology Engineering Laboratory Project".

With a total investment of 35 million yuan, and the construction period of three years, the project is to build a pilot platform for analysis and study on bearing material performance, bearing accuracy, bearing reliability and service life focusing on the advanced manufacturing key technology of large special bearings.
(CBCC)
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