Construction of high-speed rail will provide a huge market for high-end bearings in China

It is understood that the mobile Internet sales model has broken the drawbacks of the bearing foundry industry that are subject to geographical restrictions, has opened up sales channels for enterprise products, and has been able to expand the scale of enterprises, especially for small and medium-sized enterprises that are not competitive and have narrow sales channels. The business model can greatly enhance the company's image, brand strength and customer satisfaction and other soft power. The construction of high-speed rail will provide a huge market for high-end bearings in China.

At present, driven by the development of various fields such as rail transit, medical equipment, new energy, aerospace, automotive lightweighting, and rail transit, the level of China's bearing casting industry has obviously improved. The bearing foundry industry has actively explored emerging markets while stabilizing the traditional market. Even marginal markets that were ignored in the past have also been developed. The domestic metal bearing foundry industry has developed rapidly and shoulders the important mission of localization of high-end equipment in China. Under the guidance of the "Twelfth Five-Year Plan", China's bearing foundry industry has formulated plans for industry development, namely projects and exports.

The relevant plan points out that during the "12th Five-Year Plan" period, the construction of high-speed rail will reach an unprecedented peak. In 2011, the national railway plans to invest 700 billion yuan in infrastructure construction, which provides a huge market opportunity for the entire high-speed rail equipment manufacturing enterprises.

According to the "2008 Mid-and Long-term Railway Network Planning Adjustment", by 2012, China will build 42 high-speed rail passenger lines, with a total mileage of more than 13,000 kilometers. This will create new demand for 800 trains by EMU by 2020. The mileage of high-speed railway will reach 18,000 kilometers, providing a broad market space for China's high-speed railway bearings. In the next three years, China's high-speed rail bearing market will exceed 2 billion yuan. As a high-speed rail bearing component of the high-speed rail base components, but the Swedish giant SKF, Germany FAG, Japan NTN and other international giants are firmly occupying the Chinese market. Although a few domestic enterprises can manufacture motor-vehicle bearings with a speed of 200 kilometers per hour, the relevant procurement departments will still use imported components.

Therefore, although the future development of China's high-end bearing sector will be difficult, but only difficult to break through the difficulties, China's high-end bearing industry can make great progress, turning crisis into opportunity.

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