The annual output value has exceeded 20 billion yuan. The rapid development of China's bearing industry
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China's bearing industry has developed to the present, has a considerable production scale and a higher level of technology and quality. Bearing enterprises with a certain scale have grown to more than 1,500 and the number of employees has grown to nearly 800,000. The annual bearing output has increased from 138,000 units in 1949 to more than 2 billion units at present, and the annual production value has exceeded 20 billion yuan. Bearings The total number of varieties has increased from more than 100 to more than 7,000, with a total of more than 28,000 specifications.