In recent years, China's hardware bearing casting industry has a good development trend, with the vigorous development of automotive, aviation, medical and other industries, to provide a broad development platform for the domestic hardware bearing casting industry, mechanical casting industry in the traditional market stable while actively developing emerging markets. At present, China's hardware bearing casting industry is moving towards the development direction of high product grade and reducing manufacturing costs.

With the development of domestic aerospace, rail transit, medical equipment and other fields, the bearing casting industry has also been improved to a certain extent. The bearing casting industry not only needs to move forward effectively in the existing market, but also needs to actively explore emerging markets.

Under the guidance of the 12th Five-Year Plan, China's high-end bearing casting industry has formulated an industry development plan. The policy of driving the development of domestic mold industry by project and export is formulated. Driven by the development of rail transit, medical equipment, new energy, aerospace, automotive lightweight, rail transit and other fields, the level of bearing casting industry in China has been significantly improved. Bearing casting industry in the traditional market steady progress at the same time actively explore emerging markets, and even the past ignored marginal markets have also been developed, these factors make the mold market development results are remarkable.

The shift of the global manufacturing center of gravity to China has provided a strong driving force for the development of China's bearing casting industry, and has also put forward higher and higher requirements for domestic high-end bearing manufacturers. At present, China's bearing casting industry must focus on improving product grade and reducing manufacturing costs, and achieve a strategic change from large to strong.

In 2016, the domestic hardware bearing casting industry showed a rapid development trend, shouldering the mission of high-end equipment localization. Under the guidance of the 12th Five-Year Plan, China's bearing casting industry has formulated a plan for the development of the industry, that is, projects and exports. During the 12th Five-Year Plan period, the construction of high-speed rail will reach an unprecedented peak, and the national railway infrastructure investment of 700 billion yuan in 2011 provides a huge market opportunity for the entire high-speed rail equipment manufacturing enterprises.

By 2012, 42 high-speed railway passenger dedicated lines will be built in China, with a total mileage of more than 13,000 kilometers, which will form an additional demand for 800 trains, and by 2020, China's high-speed railway mileage will reach 18,000 kilometers, providing a broad market space for China's high-speed rail bearings. In the next three years, China's high-speed rail bearing market will exceed 2 billion yuan. As the basic parts of high-speed rail high-speed train bearings field, it is Sweden SKF, Germany FAG, Japan NTN and other international giants firmly occupy the Chinese market. Although a small number of domestic enterprises can manufacture high-speed train bearings at 200 km/h, the relevant procurement departments will still use imported parts.

According to the current domestic situation, there are bound to be many difficulties in the development of high-end bearings, and only by constantly overcoming the existing difficulties can the high-end bearing industry achieve a huge leap forward. The domestic high-end bearing casting industry shoulders the challenge of the important mission of localization of China's high-end equipment, and taking into account the research and development, casting and innovation capabilities of shaft research technology, I believe that in the future, it will be able to support the heavy responsibility of localization of China's major equipment.

Bearing casting industry in the traditional market stable forward while actively exploring emerging markets, and even the past ignored marginal markets have also been developed, these factors make the mold market development results are remarkable. We look forward to more brilliant achievements in the future.