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Opportunities In China

wallpapers Environment 2020-12-22

In recent years, world-renowned companies have entered the Chinese bearing market and established production bases, such as the Swedish SKF Group, the German Schaeffler Group, the American Timken Company, the Japanese NSK Company, and the NTN Company. These companies are not only global operations, but also global manufacturing. By virtue of their brand, equipment, technology, capital and production scale advantages, they have launched fierce competition with domestic bearing companies.

 

Nowadays, domestic enterprises are mainly engaged in the production of general-purpose bearings. There are few special-purpose and high-end bearing manufacturers, and the technology is not yet mature. Therefore, if domestic enterprises want to compete with or even surpass foreign advanced bearing brands, they need to go through a long period of development in technology and other aspects.

 

During the "Twelfth Five-Year Plan" period, the national macroeconomic policy will continue to show its effects, the domestic economic growth will remain strong, the international market will slowly recover, and the momentum of economic stabilization will gradually increase. The development of the national economy will drive investment in infrastructure construction, thereby promoting the development of industries such as metallurgy, electric power, construction machinery, building materials, and energy. Development provides policy support, and the demand for bearings in these industries will gradually expand.

 

ERIC BEARING LIMITED has been supplying bearings for more than 8 years, and we have been a customer-driven distributor of various TOP brand bearings. If you have any questions about bearings, you are welcome to contact us for free, or you can leave a message, we will reply to you as soon as possible.

 



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