China's rolling bearing production statistics in the first half of the year

After years of development, China's bearing industry has formed a considerable scale, the national bearing industry in 2010 production value of about 130 billion yuan, ranking third in the world. Although the scale of the development of China's bearing industry has been very large, but the vast majority are concentrated in the low-end, and in the field of high-end bearing manufacturing, China still has a considerable gap compared with the development.

According to the data, in the first half of 2012, the output of rolling bearings nationwide reached 8.375 billion sets, an increase of 7.21% over the same period of last year. In June, China produced 1.738 billion sets of rolling bearings, an increase of 9.35 percent year-on-year.

Judging from the output of all provinces and cities, in the first half of 2012, the output of rolling bearings in Jiangsu Province reached 2.896 billion sets, an increase of 6.96% year-on-year, accounting for 35.65 % of the country's total production. Followed by Zhejiang Province, Shandong Province and Shanghai City, accounting for 29.42%, 11.16% and 7.75% of the total production.