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In 2012 the main business income of the bearing industry is expected to reach about 158 billion yuan, the year to year growth is about 11%. Although the revenue to maintain double-digit growth, but the uncertainties of the 2012 domestic bearing market are increased further. The association expert analysis, bearing industry in the first half of this year would be low and the last half year would be high, but export earner will still keep increasing around 15% reach about 5.2 billion yuan. Downward trend would continue to the middle of this year The first half year of 2012 will continue downward trend of the fourth season last year, the second half year would recovery slowly, and however the recovery rate is limited. It is estimated will form a stable development trend in the second half. Because of some enterprises in this industry, especially the transformation and upgrading, structural adjustment in large-scale key enterprises in recent years have appeared initial results. The Association expects that the main business income of the bearing industry in 2012 will reach about 158 billion yuan, an year to year increase is about 11%; among whichHigh Speed Bearings production will reach 21 billion units, the growth rate is around 16%. It should be noted that the negative factors and business risk of the 2012 business environment will increased. Expected that the many main engine in the industry supporting demand would not be meted in the first half, bearing enterprises orders especially which main business in Ball Miniature Bearings would be declined, the majority of enterprises orders in the first half year will less than 50 percent and the underemployed happened. Number of new or expansion projects put into production which would lead to the formation of excessive competition, threatening part of business survival, the cost of doing business increased pressure to lower profits; increase in business inventories, accounts receivable increase recycling difficult, especially SMEs tight liquidity and so on in the original ordinary product market which already have the excess capacity. Foreign bearing market, the euro crisis cannot be improved in the short term, the US-Japan economic stagnation, Asia's economic growth may slow down which will have an impact in our country bearing exports. 2012 China's bearing exports will not continue last year's high growth trend, but compared to recent years pace of development will not be much drop. Expected in 2012 bearing export earner will have a growth of about 15%, reaching $ 5.2 billion. Statistics of the national bearing industry last year show that main business income of 142 billion yuan, among which Miniature RC Bearings Miniature RC Bearingshave increased correspondingly, an year to year increase is 12.7%, bearing production to complete 1.8 million units, an year to year increase is 20%; bearing annual export is 49 million units, export earner is $ 4.5 billion, respectively, compared with the previous over the same period increased by 18.2% and 36.6%, total importing bearing is 1.88 billion units, the use of foreign exchange is $ 4.17 billion, an increase of 4.6% and 9.4% respectively over the same period last year, the trade surplus continues to increase, reaching $ 330 million.
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Miniature RC Bearings, Ball Miniature Bearings, High Speed Bearings,
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