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Bearing is playing an increasingly important role in the national economy and national defense construction. China bearing foundry industry shoulders the important mission of high-end equipment localization. Under the guidance of second Five-Year Plan, China bearing foundry industry has draw up industry development plan. Draw up development guidelines of projects and export to stimulate domestic mold industry.
 
Driven under the development of rail transportation, medical equipment, new energy, aerospace, automotive, and other lightweight fields, China's foundry industry level significantly improved. Bearing foundry industry steadies progress in traditional markets, while actively developing emerging markets. Even the ignored edge of the market in the past has also been developed.
 
At present, China's hardware bearing has formed a larger economies scale. However, due to aspects of development, industry structure, self innovation and brand building, etc. to stimulate domestic demand. Take strong, large radiation effect of precision bearings and other basic mechanical foundry industry as key development industries of "Twelfth Five-Year Plan", strive to reach or approach international advanced level. Expected to 2015, under support of policies, sales of high-end bearing foundry industry will reach 222 billion yuan or so.
 
By then, China's foundry bearing industry both output and quality have been greatly improved, with this trend to speculation, China foundry bearing industry will soon enter the ranks of world great powers. (China Foundry Network)

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