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Posted on Saturday, June 20th, 2009 at 4:20 am

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Although the decline in growth rate of bearing industry is still powerful by betty

At the national policies stimulating domestic demand, driven by the joint efforts of enterprises in the bearing, the bearing industry, to better complete the various economic indicators, smoothly passed the shadow of the global financial crisis in 2009, but the financial crisis cause of China's exports fell 30 percent bearing, bearing part of the host supporting the market (such as textile machinery, machine tools, etc.) lack of motivation because of the financial crisis, more so bearing industry in recent years, the average growth rate decreased. China Bearing Industry experts predict that with the improvement of the economic situation at home and abroad, China's bearing industry, the future development of this year and will continue to maintain a growth momentum.
Development of the industry slowed down in 2009
In 2009 industry-wide main business income of 92 billion yuan to complete more than 880 billion yuan the previous year 4.55%, with an average growth rate of 18.52% from the previous five years, fell to 15.58 percent, down 2.94 percentage points; the completion of output of 11 billion sets of bearings compared with an increase of 10%, with an average growth rate of 19.52% from the previous five years, dropped to 17.56 percent, down 1.96 percentage points; completed a total profit of 4.7 billion, down 6% over the previous year, the total taxes the completion of 3.2 billion, compared with an increase of 14.29%.
Bearing Industry in 2009 to complete export 2.02 billion U.S. dollars, down 32.04 percent over the previous year, with an average growth rate of 27.05% from the previous five years, dropped to 12.01 percent, a decrease of 15.04 percentage points;, while import bearings use of foreign exchange reached 2.83 billion U.S. dollars, an increase of 5.23% over the previous year, average 24.49% from the previous five years, fell to 20.37 percent, down only 4.12 percent, import and export trade deficit reached 814 million U.S. dollars, a record high.
Bearing economic operation in 2009 showed the following characteristics: the national policy of stimulating domestic demand, is the industry's development. Affected by the global financial crisis, the whole industry in February 2009 into the trough, since March began by the state policy of stimulating domestic demand driven, the bearings industry indicators rise month on month, especially in the third quarter, picked up speed has obviously increased, so that the whole industry at the end of the main business income and business income bearing a slight increase over the previous year.
Large enterprises significantly better than small and medium enterprises. This is because the national policy of stimulating domestic demand, driven by the main host of the significant increase in the demand for high-end bearings, while the big companies have their brand, technology, quality and product superiority, benefit from the development of significantly better than small and medium enterprises. Some SMEs, due to the low grade of products, backward technology, products, and other factors, the single had been at the cut-off state. If the bearing industry, major companies, the top 10 large companies main business revenue totaled up 2.33% in December 2009 reached 28.32% of chain accumulated more of the major companies with -4.13% higher than the 6.46 percentage points, the chain major companies in the 23.69% higher than the 4.63 percentage points.
Domestic-oriented enterprises significantly better than externally-oriented enterprises. To domestic trade-oriented enterprises, in particular be in the national policy of stimulating domestic demand, supported by the host accessory products enterprises (such as the automotive, agricultural machinery, household appliances and other advantages of supporting enterprises) benefit from the national policies have good performance, operating income over the previous in the same period showed a rising trend, with an average increase of 10%. If ZWZ bearings operating income grew 12% is expected by the end of man, the Group increased 17%, Chongqing, Yangtze River increased by 12.5%; while export-oriented enterprises, such as the blue chips fell 38% in Shanghai, Ningbo and Morse fell 18%.
Enterprises in the regional industry clusters better than the independent-area businesses. As the regional industry clusters to market advantages, and division of labor, etc., in the regional clusters in the enterprise is better than an independent enterprise; if Wafangdian businesses in the region, Zhejiang Xinchang businesses in the region significantly better than South Africa, south-west of independent enterprises .
Accelerate research and stimulate business development. Bearing industry, major companies in the development in recent years, focusing on research and research-driven enterprise development, particularly in dealing with global financial crisis in 2009, in China Bearing Industry Association, under the impetus of enterprises to accelerate the pace of scientific research and improve product grades, use of imported bearings slow delivery of the opportunity to ensure a high dependence on imported bearings supporting industries, such as a wind power bearing, rolling mill bearings, precision machine tool spindle bearings and other facilities, so bring along the development of enterprises.
Accelerate the technological transformation led enterprise development. Bearing the industry's leading companies to fully utilize the favorable opportunity of the financial crisis period, aimed at 4 trillion yuan state investment involved in the industry, combined with the actual situation of enterprises, increase business transformation efforts and strong impetus to the development of enterprises. If ZWZ invested 780 million yuan for the "wind power generation equipment parts made of technical transformation projects," Luo-axis invest 500 million yuan for the "wind turbine bearings localization projects," Longxi bearing investment 200 million yuan for the " large-scale joint bearing technological transformation projects, "Tianma Bearing invest 200 million yuan for the" precision bearings technological transformation projects, "and so on, greatly enhanced the competitiveness of enterprises also contributed to the strong development of the enterprise.
Import and export trade deficit hit a record high. Affected by the global financial crisis, bearing a serious decline in exports, to the end of 2009, export volume reached 2.02 billion U.S. dollars, down 32.04 percent over the same period the previous year;, while import bearings on the one hand the country stimulate domestic demand, accelerating the development of major equipment under the influence of high increasing demand-side bearing (such as high-speed rail bearings, etc.); the other hand, the country's foreign exchange reserves is too high and the impact of policies to encourage imports, the imports of bearing speed increased rather than decreased, by the end of 2009 bearings use of foreign exchange reached 2.83 billion U.S. dollars, compared with an increase of 5.23% over the previous year, import and export trade deficit reached 814 million U.S. dollars, a record high.
Development of the industry in 2010 there will be major driving force
In 2010 the "Eleventh Five-Year" last year, China-axis Association believes that three major factors that will lead to the development of bearing industry, the domestic market: First, the national policy of stimulating domestic demand remains unchanged, the domestic economy will continue to grow; second bearing industry, various enterprises as the country's economic development and economic restructuring, the company will further accelerate the R & D investment to accelerate the pace of technological transformation, to the quality and effectiveness of enterprise technology, changes in import substitution to increase the speed, so as to drive the development of enterprises; third national implementation " adjust the plan to revitalize the major equipment manufacturing "and" revitalize the automobile industry to adjust planning "is bound to bring a powerful driving force for the bearing industry.
In bearing exports: by the international mainstream of national economic impact of the gradual return to the Soviet Union, and taking into account in 2009 by the global financial crisis, the various indicators of reasons for the low base in 2010, bearing the export will be more than 10% increase.
Industries and enterprises and foreign markets and the development of bearing industry in 2010 is expected main business income will be more than 100 billion yuan, bearing production will reach 12 billion units, export volume will reach 2.2 billion U.S. dollars, the unit added value of energy consumption will be reduced by 10% .

I am an expert from China Manufacturers, usually analyzes all kind of industries situation, such as anchor winch , hydraulic winch.

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