After the presence of Yandian bearing market, more than 3,000 bearing processing households in the 4 towns nearby were brought up to serve the market, employing more than 15,000 people.
27 years later, the 3,000 processing households has become nearly 400 bearing enterprises with 100,000 employees. The former remote little town is also developed into the largest professional bearing market with annual turnover of RMB 15 billion.
The current Yandian bearing has become the famous brand in Chinese market relying on independent innovation and precision manufacturing through early imitation and roughing. The bearing here has entered into several countries in Europe and America. Moreover, many enterprises have participated in the formulation of national standards.
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