In 2016, the uncertainties in the domestic self-lubricated bearings and oil-bearing bearing market will further increase. The bearing industry will experience low-end and high-end conditions. It is expected that the first half of 2016 will continue its downward trend in the fourth quarter of 2015 and will slowly pick up in the second half of the year. The recovery is limited. It is estimated that the overall development trend will be stable in the second half of the year. As some enterprises in the industry, especially large-scale backbone enterprises, have begun to show the initial effects of transformation, upgrading and structural adjustment in recent years, it is expected that in 2016 the main business income of the bearing industry will reach around 158 billion yuan, an increase of about 11%. Bearing bearing business income will reach about 112 billion yuan, a growth rate of about 12%, bearing production will reach about 21 billion sets, an increase of about 16%.
At the same time, the negative factors in the business environment of the company increased in 2016 and the operating risks increased. In particular, in the first half of the year, many domestic host industries lacked supporting requirements, bearing enterprise orders decreased, and most enterprises had less than 50% of orders in the first half of the year and underemployment; a batch of new or expansion projects went into production, causing the over-capacity of ordinary product markets Competition has threatened the survival of some enterprises; the prices of production factors such as labor and raw materials have risen; the cost pressure on enterprises has increased, and profits have fallen; corporate inventories have risen, receivables have increased, and recycling has been difficult, especially for SMEs.
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