Old bearing industrial bases accelerate the cultivation and expansion of new productive forces

Aiming at high-end, intelligent and green, and promoting the transformation and upgrading of traditional industries.

On the precision bearing production line of Wafangdian Bearing Group Co., Ltd., sets of high-end products such as high-speed wire rod mill bearings and rail transit bearings are being produced rapidly. "At the end of last year, we successfully won all the orders for supporting bearings for a large-scale subway vehicle purchase project in a very large domestic city. This year we began to supply batches, realizing the batch loading of a series of Chinese standard subway bearings." Wazhao Introduction by Liu Jun, Chairman of the Group.

Since last year, Wazhou Group has made every effort to adjust the market structure and product structure, focus on high-end advantageous products, and continuously strengthen and extend the chain. "During the '14th Five-Year Plan' period, we will invest 2.5 billion yuan in high-end technology upgrading and transformation. Currently, we have launched projects such as special bearing precision technology, high-end equipment bearing technology and high-end bearing parts manufacturing, and strive to create a global bearing with international competitiveness. Industrial group." Liu Jun said. 

(Excerpted from page 10 of People’s Daily Overseas Edition on July 4)