Suzhou, China – January 15, 2026 — The China Bearing Industry Association (CBIA) successfully hosted the 2025 Bearing Industry Development Conference in Suzhou, under the central theme:“Endeavors during the 14th Five-Year Plan and a New Journey into the 15th Five-Year Plan.”
The conference aimed to comprehensively review the achievements of the past five years, analyze the current development landscape, and collaboratively chart a roadmap for the future of China's bearing industry.
Reflecting on Achievements, Embracing the Future
In his opening remarks, Mr. Zhou Yu, President of CBIA, highlighted that the 14th Five-Year period was a defining era for the industry. Despite facing global uncertainties and the disruptions of pandemic, the bearing sector achieved:
• Significant expansion in industrial scale, with projected revenue surpassing RMB 240 billion by 2025
• Breakthroughs supporting national strategic needs, including:
o High-speed railway bearing trials
o Leadership in large wind turbine main bearings
o Domestic substitution in tunnel boring machines and urban rail transit
• Emergence of manufacturing champions and “Little Giant” enterprises
Standing at the threshold of the 15th Five-Year Plan, Mr. Zhou called on the industry to stay committed to innovation, technological autonomy, and the construction of a modernized industrial system. He emphasized the goal of transforming China into a global bearing powerhouse.
Strategic Insights from Experts and Think Tanks
The conference featured thought-provoking keynote reports, including:
“Trade Wars and Strategic Responses for Chinese Enterprises Going Global”
Presented by Mr. Chai Haitao, Executive Vice President of the China Council for the Promotion of International Investment and national high-level think tank expert.
He analyzed global trade dynamics and proposed:
• Expanding international partnerships
• Promoting regional integration
• Exploring new growth sectors
These strategies offer guidance for bearing companies navigating international markets and mitigating external risks.
“Riding the Momentum, Driving Innovation, and Enhancing Core Competitiveness”
Delivered by Mr. Luo Junjie, Executive Vice President of the China Machinery Industry Federation.
He stressed that bearings, as core industrial components, must align with China’s new industrialization strategy. Key focuses include:
• Innovation-driven development
• Brand building
• Artificial intelligence and sustainability
• Open collaboration and secure development
Enterprise Leaders Share Best Practices
A major highlight of the event was the practice sharing by benchmark enterprises. Industry leaders presented real-world strategies for achieving high-quality development, sparking in-depth discussions and cross-sector learning.
Closing Remarks: A Call for Unity and Action
In the closing address, newly elected CBIA President Zhou Yu delivered a powerful speech titled:“United in Vision, Advancing Together: Ushering in a New Chapter of High-Quality Development for the Bearing Industry.”
He pledged that the new council will:
• Honor the past while consolidating foundational strengths
• Understand macro trends to guide development
• Foster collaboration across the industry
• Demonstrate value through action and accountability
Mr. Zhou called on industry stakeholders to take this conference as a new starting point, work in unity, and contribute to the realization of a strong, innovative, and globally competitive bearing industry.
A Roadmap for the New Era
This conference not only served as a review of the 14th Five-Year Plan's accomplishments, but also as a mobilization platform for the 15th Five-Year journey. The event shaped a clear vision for the industry's future:
• Innovation as the core driver
• High-end, intelligent, and green development
• Secure and resilient industrial and supply chains
These guiding principles lay a solid ideological and strategic foundation for the industry to advance with confidence and purpose in the years ahead.
About us
Luoyang Bearing Research Institute Co.,Ltd. was established in 1958. It is the only state-level comprehensive research
institute in China's bearing industry.
ZYS focuses on developing high-performance
bearing products for key units of national economic construction. We perform
batch production of various high-rank bearing products and components with
inner diameter of 0.6mm to outer diameter of 6.8m. We are mainly engaged in the
research, development, production and sales of precision bearing, special
bearing, high-speed machine tool spindle, bearing special equipment, bearing
testing instruments, bearing testing machine and bearing special materials,
which are widely used in the fields of, machine tools, wind power generation,
mine metallurgy, petrochemical, medical equipment, automobiles and rail
transit, construction machinery, intelligent manufacturing services, etc.
We have total assets of 2.06 billion RMB,
own one research and development center, three industrial bases and cover an
area of more than 47 hectares. We have advanced bearing manufacturing
equipments and world first-class testing equipments and have solid strength in
manufacturing, measuring and testing of bearing and related components with
high precision and high reliability. We have more than 380 technical staff of
bearing related disciplines, thus we maintain a leading position in the aspects
of bearing design, basic theoretical research, lubrication technology, metallic
and non-metallic materials, testing and industry standards.
Website: www.zys-bearing.com
Email: sales@zys.com.cn
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