2012 development trend of China's bearing industry, what is?

2012 bearing industry the main business income is expected to reach about 158 billion yuan, an increase of around 11%. Despite double-digit revenue growth, but in 2012 the domestic Cylindrical roller bearing market uncertainties increase further.
The expert analysis, the bearings industry this year will appear low to high before the situation, but there will export about 15% growth, reaching $ 5.2 billion.
Downward trend continued until mid-year
Expected first half of 2012 will continue in 2011 the downward trend in the fourth quarter, in the second half will be a slow recovery, but the recovery rate is limited, it is estimated in the second half will form a generally stable trend.
As part of the industry enterprises, especially large enterprise transformation and upgrading in recent years, structural adjustment preliminary results have begun to appear. Association expects 2012 bearing industry the main business income will reach about 158 billion yuan, an increase of about 11%; bearing production will reach 21 billion sets of about 16% growth.
It is noteworthy that in 2012 the business environment will increase the negative factors, operating risks. Many hosts are expected in the first half of domestic industries supporting demand, bearing enterprises reduced orders, the majority of enterprises in the first half orders less than 50%, underemployment.
The number of new or expansion projects put into production, excess capacity originally formed over ordinary product market competition, threatening the survival of some enterprises; labor, raw materials and other production elements attached to rising prices, increasing pressure on business costs, lower profits; business inventories rise , receivables increased recycling difficult, especially SMEs, tight liquidity.
Bearing foreign markets, the euro crisis will not improve short-term U.S. and Japanese economic stagnation, economic growth may slow in Asia, will affect China's bearing exports. Bearing this year, China's exports will continue high growth trend in 2011, but lower than the pace of development in recent years, there will not be much of a decline. Expected in 2012 will have bearing export growth of about 15%, reaching $ 5.2 billion。