1. Overview Bearings are an important part of contemporary machinery and equipment. Its main function is to support the mechanical rotating body, reduce the friction coefficient during its movement, and ensure its rotation accuracy. Bearings are an important basic part of the equipment manufacturing industry. Bearings are fixed parts in machinery. When other parts move relative to each other on the shaft, the parts used to maintain the central position of the shaft and control the movement, play a supporting or guiding role. At present, China's bearing industry is developing rapidly. During the 'Twelfth Five-Year Plan' period, the domestic bearing production and demand will further increase, and the products in the bearing industry will be further optimized. Technological reforms will be intensified in the manufacture of high-end bearings and high-quality bearings. There will be a good situation of simultaneous growth in quality and quantity. The proportion of bearing products in bearing turnover will gradually increase. 2. Status of the bearing industry Some bearing industry enterprises with large production scale, obvious management advantages, independent intellectual property rights of core technologies, well-known brands and perfect sales network stand out in the complex and fierce market competition, and the market gradually concentrates on these advantageous enterprises. In 2019, the operating income of Chinese bearing enterprises above designated size was 177 billion yuan, a year-on-year decrease of 4.2%. At present, China's bearing industry has formed a professional production system with basically complete product categories and reasonable production layout, and has begun to enter the critical stage of moving from a big bearing country to a world bearing industry power. In 2019, China's bearing production was 19.6 billion sets, a year-on-year decrease of 8.8%. With the continuous improvement of the quality of bearing products in China, a number of high-quality bearing manufacturers have emerged, whose product quality is comparable to that of international famous brands, and the export scale is also expanding. In 2019, the number of Chinese bearing exports was 5.887 billion sets, a year-on-year decrease of 4.7%; the number of Chinese bearing imports was 2.233 billion sets, a year-on-year decrease of 6.8%. In 2019, China's bearing import value was US$3.645 billion, a year-on-year increase of 1.3%; China's bearing export value was US$5.321 billion, a year-on-year increase of 1.3%. In the future, the market will have higher and higher quality requirements for bearing products, and users will pay more attention to the process control of products and the quality and service of the entire life cycle of products. In 2019, the apparent demand of China's bearing industry was 17.36 billion sets, a year-on-year decrease of 8.2%. With the development of China's bearing industry, the product structure of bearings is bound to change, and the polarization of enterprises will be further intensified, and the proportion of high-end products in products will increase. In 2019, the market size of China's bearing industry was 155.724 billion yuan, a year-on-year decrease of 6.1%. 3. Analysis of the development problems and countermeasures of the bearing industry China's bearing industry has ranked third in the world's total bearing industry in terms of industrial economic scale. The manufacturing of bearings is a technology-intensive industry, involving a variety of disciplines and technologies. Among them, the precision of bearing parts Processing and manufacturing technology is one of its core technologies. While the development of the bearing industry is promising, it is also necessary to realize that compared with the world's leading countries in the bearing industry, China still has a considerable gap with the world's advanced level in terms of product accuracy and technical level. With the continuous changes and adjustments of the bearing market, Chinese bearing enterprises should strengthen enterprise construction, improve the core competitiveness of enterprises, and realize the rapid growth of bearing production to high-quality manufacturing by continuously improving independent innovation capabilities, technology research and development capabilities and process manufacturing technology levels. The transformation of China has realized the transformation from a large bearing production country to a bearing production power.
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