When the bearing industry was still enveloped in 2010, when revenues increase 30 percent, revenue growth in 2011 is facing a substantial reduction in the crisis. According to the China Bearing Industry Association estimates that this year revenue growth rate may be reduced to 12%. Association Secretary-General Wang Quanqing that the bearing industry in 2011 will further increase the pressure, brass bushing the bearing industry growth will be slowed, it is worth bearing corporate attention.
Survival of the fittest innovation
Therefore, China Bearing Industry Association hope that the industry enterprises should attach great importance to countries, bearing the host industry and trade, "second Five Year Plan", from the country's strategic focus on emerging industries in product development research, analysis of the bearing industry information, combined with their own situation to analyze the situation of development, business development planning decisions as soon as possible.
In additioncast bronze should attach great importance to market development, according to the timely adjustment of product structure, market development; attaches great importance to scientific research, technological upgrading in the study of the same old products, not only to develop new products according to market bronze bushing real-time, but also the development of the market ahead of some of the future development of new reserves products; attaches great importance to management level, to manage and reduce costs, enhance competitiveness.
dry bushing Find a way out in a crisis, the principle of survival of the fittest will be started in the bearing industry.
Too costly competition
Northwest bearing company that last year, due to further intensify competition in the industry, rising raw material prices, sleeve bushing production and management company encountered unprecedented difficulties, leading products significantly reduce petroleum machinery bearing orders, product mix towards smaller common areas, caused a larger loss of the year .
Xiangyang bearing claimed in the first half due to raw material and purchased parts, steel prices rose sharply year on year, the automotive industry demand declined, so total profit of the company's main business is relatively reduced.
Now, the bearing industry is indeed facing a number of adverse developmental factors.
First, automobile, agricultural machinery, household appliances and other market fluctuations will speed the development of bearing industry have an impact. 2011, raw material prices and labor costs will show rally to bring some pressure to the cost of doing business.