Quality-first Is The Proper Trend For China's Bearing Industry
Industry insider said, our bearing order price is only 0.5-0.16 of imported bearings
, therefore our
export price is only 34.5% -10.7% of the imported bearings, such as skf, nsk, and timken bearings.
Such low-price is easily involved in the trouble from foreign anti-dumpingmultiple barriers.
China is now seizing the chance of strategic opportunity, by ways of implementing the scientific
concept of development, promoting self-innovation, adjusting industrial frame and transforming the
growth mode. But unfortunately under this environment, our bearing industry occurred some vicious,
disorderly price competition, which make the situation worried.
This folly status caused not only the barrier for their own progress, also make against to the
development of the whole industry, brings serious consequences along. In this case, concerns from
business colleagues are important for curbing the disorderly price competition, thus to promote the
bearing industry developing towards the harmonious way of co-innovation and high-quality
production.
The current hard situation is: 1. Export prices have been self-deprecating to 60% of the compiled
catalog price of 2002 bearing price.
Bearing import and export unit requires that our offer can not be higher than 60% of the compiled
catalog price of 2002 bearing price, otherwise cannot get the export contracts. Even if the country
return 12% to the export enterprises, the export tax rebates for mechanical and electrical products
is 13%, it only has 72% of the tax-inclusive price, and the non-tax price is only 66%-68% when
reduce 4-6 of the value-added tax.
Our bearing pricing is only 0.5-0.16 of imported bearings, be regarded as the export price of
bearings is only 34.5% -10.7% of the imported bearings (for example, sk, nsk, timken bearings,
Famen Bearing
www.b2bearing.comChuanda Conveyor
www.sellconveyorbelt.com), which
attracted foreign anti-dumpingmultiple barriers repeatedly.
According to the statistics of China's bearing industry, the profit margin often maintained at
between 3% -5%, while for such low export prices, it must has a number of domestic sells to fill
it.
The state introduced market economy system since reforming and opening policy carried out, and
bearing products came into the competing market quickly. The industry has organized the industry
leading companies to draw the directories of the price compilation every 2-5 years. In the initial
the exporter could implemented the rules, but after 90s, in order to seize the market, from
companies involved in setting prices to the general implementation of the bearings business all
have taken measures to decrease the price, less in 30%-40%, more in 30%-40%. Curtain large listed
enterprises even went so far out of hard blow to their competitors by using the abundant capital
from shareholders.
Above provided by
SelectChina.com, and find more
information on
China Machinery News/
China Machinery
Manufacturers /
China Machinery Products.
by: Deland Selectchina
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