The development of high-end bearings is the top priority for localization of equipment manufacturing

"12th Five-Year Development Plan for Mechanical Basic Parts, Basic Manufacturing Processes and Basic Materials Industry" clearly stipulates that high-speed, precision, and heavy-load bearings and other mechanical basic parts that are strong and have large radiation effects are the focus of the "Twelfth Five-year Plan" development. The industry will focus on improving performance, reliability and longevity, and strive to bring it to or near the international advanced level. "Planning" also pointed out that under the support of policies, by 2015, the bearing industry's sales will reach 222 billion yuan, the industry's average annual growth rate will be between 12% -15%, including high-speed, precision, heavy load and other high-end Bearings will grow faster.

Bearing is an important and key basic component in the equipment manufacturing industry. It directly determines the performance, quality and reliability of major equipment and main products, and is known as the "heart" component of equipment manufacturing. 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 development scale 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 developed countries. Wang Quanqing, secretary general of the China Bearing Industry Association, also stated clearly that the development speed of high-end bearings in China has not kept pace with the development speed of the host. For example, China has mastered the high-speed EMU technology with its own intellectual property rights, but the bearings it supports are also basically dependent on imports. At present, most of the high-speed bearings produced by domestic bearing enterprises can only meet the trains of 150-180 km, while the high-speed steel bearings in Europe and America can meet the needs of trains with speeds of 350-400 km/h. Therefore, at present, the EMUs supporting more than 200 km/h are currently available in China. High-speed rail bearings basically rely on high-priced imports.

Based on the fact that China's high-end bearings are backward, the "plan" clearly states that it will give full play to the guiding role of industrial policies, improve industry entry barriers, and curb low-level redundant construction; give "triple-based" industries including the bearing industry, including fiscal and taxation support policies. We will implement the tax exemption policy for import of key components and raw materials, and study and formulate policies that encourage users to adopt the "triple-based" new products and new technologies. With the increase of policy support, it is believed that the bearing industry in China will usher in the spring of development, and will accelerate the localization of high-end bearings, providing a solid foundation for the complete localization of China's major equipment manufacturing.