Business Article- China Bearing Industry Facing New Severe Challenges_1575

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The development outcomes of bearing industry achieved in recent years are positive, showing in following aspects: the economy sum, manufacturing technology, product quality and China exports and so on. But still slightly inferior compared with machinery industry of the same period, especially the bearing machinery industry.
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1. The development of industry lags behind the machinery industry.
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With the sustained, rapid and healthy development of national economy, the machinery develops toward high precision, high performance, high reliability and high value-added,You are not allowed to view links. Register or Login, while the supporting bearings of machinery showed slow in the course. These bearings mainly rely on the import, we can list some as below: railway bearings, at present the bearings used on the train with the speed of 160 km and above are all imported; automotive, the main part bearings on car are mostly imported; metallurgical and mining machinery, engineering machinery, particularly the maintenance bearings for introduced foreign whole set equipment are mostly imported; the supporting bearings of machine tools,You are not allowed to view links. Register or Login, especially precision machine tools, CNC machine tools are mostly imported; most supporting bearings of appliances and air conditioners are imported.
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2. China is facing a new situation of the economic globalization after joining WTO and the transfer of world manufacturing to China.
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This challenge situation can be summed up in two sentences: the international competitions become internal, and the domestic competitions become international. For example, the world's top ten transnational bearing companies accelerate the pace of grabbing China market. With the establishment of their joint ventures and owned plants in China, they continually expand the production scale and speed up adopting the policy of personnel and purchase localization. They enter the China machinery markets, such as railway, automobile, metallurgy mining, machine tools, home appliances,You are not allowed to view links. Register or Login, and even reduce their domestic productivity by shifting the production base to China. In order to adapt to the needs of Chinese market, some transnational bearings companies have established relative institutions such as R & D center in China, at the same time they also have built big office and entire sales network.
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3. As the competition is based on different starting line, and the strategic concept is lag behind, so there are some difficulties for China to deal with the severe challenge.
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View from the domestic bearing industry, over the past decade the private enterprises sprang up like bamboo shoots after a spring rain. They have made great contribution on the development of China's bearing industry, but also a real challenge for the state-owned enterprises. Facing the serious challenges, the bearing industry especially the key enterprises and the groups have done a lot of fruitful work in all aspects and achieved encouraging results. It has promoted China's bearing industry developing steadily and constantly and has reached a significant level. But the efforts are still in the way of fighting along, and still lack of a strong sense of strategic alliances.
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Therefore, facing the rigorous trials, the emphasis on strategic alliances is an important problem that China need to seriously think about. If could have some breakthroughs and innovations from this strategic concept, China's bearing industry will be developed faster and become more competitive in worldwide.
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Business Article: China Bearing Industry Facing New Severe Challenges
                   
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