1、 Core Dynamics and Trends

Trade barriers continue to escalate, squeezing the cost advantage of 'Made in China'

News Event: The EU's "Carbon Border Adjustment Mechanism" has officially included mechanical components in the transition period, imposing higher requirements on the carbon footprint accounting of Chinese bearing exports.

The United States may initiate a new "double reverse" investigation into specific industrial bearings from China, such as wind turbine spindle bearings, or use the "301 clause" to impose additional tariffs.

Impact: The compliance cost of export enterprises has significantly increased, and the model of relying solely on price competition is difficult to sustain.

The results of industrial upgrading are evident, and the proportion of high-end product exports has increased

News event: Several leading bearing companies (such as Renben Group and Wanxiang Qianchao) have reported that their exports of precision bearings for new energy vehicles, industrial robots, and high-end equipment have surpassed traditional automotive and general mechanical bearings for the first time.

Technological breakthrough: In key indicators such as high speed, high precision, and long service life, the gap between domestic high-end bearings and international first-line brands (such as SKF and Schaeffler) has further narrowed, and they have begun to enter the global mainstream OEM supply chain in bulk.

"The Belt and Road" and emerging markets become new engines of growth

News event: The export value of bearings to Southeast Asia, the Middle East, Latin America and other regions maintained double-digit high-speed growth. The industrialization process in these regions is accelerating, with an increase in infrastructure projects and a strong demand for cost-effective bearings produced in China.

Localization strategy: In order to avoid trade risks, some top Chinese companies have established factories in Mexico, Eastern Europe, and other places to achieve "overseas localization" production, and then export to European and American markets.