It is estimated that in 2015 China's high-end bearing foundry industry will achieve sales of 222 billion yuan

At present, China's bearings have constituted a relatively large economic scale. However, due to the contradictions and achievements in the development mode, industrial structure, independent innovation, and brand building, there is still a big gap with the world's bearing power. The meeting believes that the focus of China's bearing industry is to change the way the industry is developed, focusing on technological fundamentals, especially original technologies, and actively developing high-quality, high-energy, and highly-efficient products.

In the next few years, China will mainly promote the promotion of domestic demand as the main line, and the basic machinery casting industry, such as precision bearings with strong stimuli and large radiation effects, will be regarded as a key industry for the development of the “Twelfth Five-Year Plan”, striving to make it reach or approach the international advanced level. And with the support of policies, by 2015, the sales volume of the high-end bearing foundry industry will reach 222 billion yuan.

Based on the fact that China's high-end bearings are backward, "Plan" clearly stated that we must give full play to the guiding role of industrial policies, improve industry entry barriers, curb low-level redundant construction, and provide fiscal and taxation support policies for the complete localization of China's major equipment manufacturing. Provide a solid foundation. Bearing in mind the challenges of our country's high-end equipment localization, as well as taking into account Axis' superior R&D, casting, and innovation capabilities, we have reason to believe that in the near future, the domestic high-end bearing foundry industry will be able to support China’s major The responsibility for localization of equipment.