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Although the impact of the financial crisis on the bearing industry began to appear in June last year. The bearing industry realized a total profit of 630 million yuan, a decrease of 29.94% year-on-year. However, the profit in April increased by 44.94% month-on-month. Although it was lower than the month-on-month decline in March, it still showed a positive growth, and the efficiency is showing an optimistic upward trend. Under the influence of the international financial crisis, the contradiction between the lack of periodic market demand and the intensification of domestic and foreign market competition will be very prominent. But at the same time, it is an opportune time for the industry to deepen reforms, adjust the structure, and upgrade the industry. The China Bearing Industry Association predicts that the total economic growth of China's bearing industry in 2009 will be around 10%.
The economic scale continues to grow
In reviewing the development process over the past four years, Zhang Fan said that during the eight years from 2005 to 2012, the industry’s total product sales revenue and bearing output increased by an average of 18.52% and 19.52%, achieving a rapid growth of the industry.
All economic types of enterprises in the industry have developed rapidly. Large-scale state-owned enterprises represented by tile axes have maintained a strong momentum of development and have become the backbone of the industry. Private enterprises represented by Tianma, Wan Qian Qian Chao and Ren Ben have developed rapidly. . At the end of 2012, the proportion of state-owned, private, and foreign-funded enterprises in the industry was 14:66:20, and the proportion of private enterprises increased by 16%, becoming a new force in the industry.
Clustering trend is more obvious
In recent years, China's bearing industry has gradually formed the characteristics of regional development, and its production capacity, product level, and professional cooperation capabilities have been further improved. By the end of last year, there were 114 enterprises whose main business income exceeded 100 million yuan in the industry, an increase of 48 companies from 66 companies in 2005, and the main business income was 55.55 billion yuan, more than doubled to 27.7 billion yuan, accounting for The proportion of the whole industry also increased from 61% in 2005 to 63.13%.
Typical areas include the major equipment bearings in the Wafangdian area of ​​Liaoning, the production and research clusters of bearings and components in Luoyang, the precision medium and small bearings in Jiangsu and Zhejiang, the needle roller bearings and bearing equipment in Jiangsu, and the bearing blanks in Zhejiang, and Liaocheng in Shandong. Bearing frame and so on.