Prefessional bearings manufacture with auto bearings and industrial bearings in China


China Bearing Industry Sees 20% Sales Growth


China bearing industry maintained a rapid and steady development in the first half of this year, with output of 4 billion units, China Industry News reports.

Sales amounted to RMB38.2 billion, an increase of about 20%. Exports and imports rose by 21.5% and 23.7% to US$945 million and US$986 million respectively, resulting in a trade deficit of US$40 million. It is forcast that the trade deficit will rise further in the second half.

Auto Bearings,automotive bearings,automobile bearings,industrial bearings,Ball Bearings,Miniature Ball Bearings ,Wheel Bearings

Experts anticipated that China bearing industry will slightly speed up in the second half, achieving an output of 8 billion units, sales of RMB76 billion, plus exports of RMB2 billion for the whole year of 2007.