China Automobile Bearings Markets Valuing Ten Billion Yuan

www.chinabuses.org: Production and sales volumes of China automobile were listed the first across the world, and the growth rate will be up to 30% in the following three years. Automobile bearings markets are largely pushed by the booming auto industry. Chairman of China Bearings Industry Committee Liu Enshi said that a single vehicle needs fifty sets bearings, and we can see that the markets are huge.

 

Driven by overseas markets, domestic spare parts manufacturers are producing automobile bearings products by auto industry platforms. According to related statistics, there were as many as 295 exports of automobile bearings on an e-commerce platform, and it seems like the rate is getting bigger and bigger.

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