In 2002, the macroeconomic environment at home and abroad will play a decisive role and have an important impact on the development of China's bearing industry and bearing market demand at home and abroad. Its outstanding performance is reflected in four aspects.
First, China has formally joined the WTO. The two markets at home and abroad are further integrated and the competition is further aggravated. Both foreign bearing companies have increased the number of joint ventures and cooperation with China and bearing imports have increased. It is also conducive to the introduction and application of foreign advanced technologies. , To promote the adjustment of product structure and improve the quality and technical level of bearing products. We must adopt new ideas and countermeasures to adapt to the new situation in which China's WTO accession challenges and opportunities coexist. Second, due to the economic recession of the global economy, especially the United States, Europe and Japan, and the 9/11 terrorist attacks on the United States, the impact of the sharp drop in the export of bearings from China has been affected. This effect will continue for some time. To this end, we must take a strategic approach to the diversification of bearing export markets in order to stabilize and expand China's bearing export market. Third, in 2002, China will adhere to the principle of expanding domestic demand, continue to implement active fiscal policies and stable monetary policies, and increase support for technological transformation of enterprises. These are important policies that will help stabilize and expand China's bearing market. . For example, the State Economic and Trade Commission has issued the second batch of state-level key technological transformation projects of “double high and excellent†in 2001, including 11 projects in the bearing industry, with a total investment of 880 million yuan, focusing on supporting precision bearings, car bearings, and railway acceleration. The development of bearing bearings, metallurgical and mining machinery bearings, and some of these projects will be completed on schedule or continued in 2002. Fourth, in the implementation of the western development strategy implemented by the state, a large number of national key infrastructure construction projects such as West-East Gas Transmission, West-to-East Electricity Transmission, South-to-North Water Transfer, and Qinghai-Tibet Railway have been launched, which will drive the development of equipment and equipment industries such as automobiles and construction machinery. Therefore, it provides a broader market space for the development of supporting bearings required for these mechanical mainframes.
In summary, due to the role and impact of the macroeconomic environment at home and abroad in 2002, the total demand for bearings in domestic and foreign markets will show a moderate growth overall, and the demand for children in key areas and key products will show a more robust market. Trends.
First, China has formally joined the WTO. The two markets at home and abroad are further integrated and the competition is further aggravated. Both foreign bearing companies have increased the number of joint ventures and cooperation with China and bearing imports have increased. It is also conducive to the introduction and application of foreign advanced technologies. , To promote the adjustment of product structure and improve the quality and technical level of bearing products. We must adopt new ideas and countermeasures to adapt to the new situation in which China's WTO accession challenges and opportunities coexist. Second, due to the economic recession of the global economy, especially the United States, Europe and Japan, and the 9/11 terrorist attacks on the United States, the impact of the sharp drop in the export of bearings from China has been affected. This effect will continue for some time. To this end, we must take a strategic approach to the diversification of bearing export markets in order to stabilize and expand China's bearing export market. Third, in 2002, China will adhere to the principle of expanding domestic demand, continue to implement active fiscal policies and stable monetary policies, and increase support for technological transformation of enterprises. These are important policies that will help stabilize and expand China's bearing market. . For example, the State Economic and Trade Commission has issued the second batch of state-level key technological transformation projects of “double high and excellent†in 2001, including 11 projects in the bearing industry, with a total investment of 880 million yuan, focusing on supporting precision bearings, car bearings, and railway acceleration. The development of bearing bearings, metallurgical and mining machinery bearings, and some of these projects will be completed on schedule or continued in 2002. Fourth, in the implementation of the western development strategy implemented by the state, a large number of national key infrastructure construction projects such as West-East Gas Transmission, West-to-East Electricity Transmission, South-to-North Water Transfer, and Qinghai-Tibet Railway have been launched, which will drive the development of equipment and equipment industries such as automobiles and construction machinery. Therefore, it provides a broader market space for the development of supporting bearings required for these mechanical mainframes.
In summary, due to the role and impact of the macroeconomic environment at home and abroad in 2002, the total demand for bearings in domestic and foreign markets will show a moderate growth overall, and the demand for children in key areas and key products will show a more robust market. Trends.
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