China is still continuing to increase investment in infrastructure construction. Bearing-related industries such as steel, automobiles, and home appliances are also facing new opportunities for development. At the same time, with the improvement of people's living standards, the development of the automobile industry will drive the development of automobile bearings. Foreseeable demand in the future will become a stable growth situation.
Bearings are important mechanical basic parts for supporting and repairing various electromechanical products. They have stable and reliable working performance, long service life, and easy maintenance. They are widely used in various industrial fields due to the requirements of modern mechanical equipment.
Looking at the domestic market, the unstable factors of economic operation increased last year, which brought new challenges and new opportunities to the bearing industry. China's steady development has increased investment in infrastructure construction. The development of steel, machinery, and home appliances has brought new opportunities to the bearing industry. At the same time, with the improvement of national living standards, the automobile industry has also promoted the development of automobile bearings. In the future, the demand for bearings will maintain a steady growth trend, and the bearing industry will usher in a period of continuous development.
Now we are talking about the localization of oil-free bearings, but in fact China has always been a major bearing manufacturing country. China always adheres to scientific and technological innovation, product upgrades, and technological transformation as key development goals, invests heavily in scientific and technological project research and development activities, and protects independent knowledge. Property rights, at the same time, cultivate a group of experienced bearing-related scientific and technological personnel, and lay the foundation for the subsequent long-term development of China's oil-free bearing industry.