Chinese automotive bearing requirement will reach 0.3 billion units in 2005

Recently,in the press releasing meeting of GREENCOOL and Xianyang bearing reconstructing, the principal of Yangzhou GREENCOOL Invest development Co.,Ltd which intend to be 'king of Chinese automotive bearing' predicted that there is increasing greatly about bearing requirement in next two years. As Chinese automotive industry expecially saloon car develop rapidly, the output reached 3 million in 2002 and it will increase to 4 million in 2005. The requirement capacity of mainframe auxiliary bearing is 0.256 billion units in 2000 and it will be added to 0.314 billion units in 2005 with maintenance requirement increasing by 1.2 times.