China Market

Wawozhen County--No.1 County in Chinese Bearing Industry

Resource from: cbcc-yinx 2005/08/26
On August 25, journalist visit the bearing industrial park in Wawozhen county, Pulandian city, Liaoning province. Nearby the industrial park, a purchaser from Zhejiang province told the journalist that this park is the best county-run bearing industrial park he had ever met, almost every bearing parts can be found and all original products with domestic famous brand is available there.

Under the leadership of Dalian Metallurgy Bearing Corporation(DMBC), this industrial park which covered an area of 2 square kilometers, has become a complex base in bearing manufacturing industry. After several years' developing, the park attracted 49 enterprises and investment totally over RMB1 billion yuan, which made Wawozhen county be known as No.1 County in Chinese Bearing Industry.

In past, Wawozhen county was a poor place. Every thing began to change since 2000 when the DMBC become well known in China. Then, the company brought the county more jobs and tax income. As a result, the county government decided to highly develop their bearing industry by fixing DMBC's leader position. Sooner, an 2 square kilometers' bearing industrial park was set up near the location of DMBC. Bearing related projects with complete contract and abundant operation capital will be taken into consideration first in the park; every aspect of the processing of bearing and its parts will be paid equal attention, so that a full set of bearing production procedure has been built in the park. Of cause, the leadership of DMBC is not redundant. They ordered some goods from the settled enterprises every year. The amout of orders of DMBC which was fulfilled in the park could reach RMB100 million yuan per year. By the end of last year, the park has been stuffed by various bearing enterprises in only 5 years.

Statistically, in 2004 operating income of the industrial park hit RMB1.4billion yuan; tax payment was RMB30 million yuan; fiscal revenue reached RMB15million yuan, 3 times more than 2000's. What's more, the industrial park brought more than 6000 job positions. By the end of 2004, average income of the local people has increased from 2000's 1000 yuan to more than 2000 yuan.
(cbcc-yinx)
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