China : The bearing industry management summary from Jan. to Sep.

Based on the statistics from 105 enterprises of bearing industry from Jan. to Sep., altogether the value of output was 14.89 billion RMB, increased 23.65% compared with last year. From January to September, 105 enterprises produced 0.99 billion pcs bearings, increased 0.12 billion pcs compared with last year, the growth rate was 14.82%. The quantity of sold was 0.98 billion pcs, growth rate was 14.42% compared with last year. Among them, 0.44 billion pcs were exported, growth rate was1.07% compared with last year. The stock were 0.27 billion pcs. The value of sales was 12.94 billion RMB, growth rate was 21.39% compared with last year. The profit on sales was 0.63 billion RMB. Among 105 enterprises, 31 enterprises kept deficit, the value of decifit was 0.99 billion RMB. 63 enterprises kept profit increased, while 39 enterprises dropped in profit. In the 3rd quarter, the bearing industry kept high-speed growth,many indexes were better than last year.