China is expected to become SKF (SKF) largest market

 Recently, we passed SKF China CEO Ai Lan Germany learned, SKF new factory in China, this investment amounted to more than 600 million yuan, previously, SKF SKF slewing bearing Factory in Dalian has invested manufacturing plants, including large bearing plant investment of 1.5 billion yuan altogether, why SKF frequent large investment in China shot pen it. SKF bearings distributor in China, according to insiders regard, China is expected to become Sweden's SKF (SKF) Group's largest market.
 Currently, SKF's sales in China still behind the United States and Germany, why China is expected to become SKF (SKF) largest market? SKF distributor in China market analysis in the following three aspects.
1.SKF growth in China is mainly reflected in the business are: the automotive sector, including cars, trucks, and construction machinery. The second is the industrial market, OEM, the product sold to our customers, these products include trains, machine tools and new energy products; addition, the service, which is to do some more upgrading is to provide customers with service, maintenance, repairs.
     2. SKF Group's 2010 financial report: economic crisis caused by the Swedish SKF Bearing Group's sales and profits decline, but in 2010 there are still significant growth, reaching over 90 billion U.S., of which China sales of 7.3 billion yuan. SKF China Ltd in recent years maintained a growth rate of 30%, its sales have accounted for 12% of the Group's share of the growth rate at 30%.
     3 China and SKF (SKF) development opportunities: China is the world's largest economies in the world, we rarely see the other economies to have such a rapid development. From the industry perspective, trains, machine tools, construction machinery, all in rapid development. Our company deals with more than 40 industry products, are hoping to help China's development.
 In the past decade, the rapid development of the entire Asian market. Compared with a year earlier, the Swedish SKF Bearing Group's sales increased by 27%, of which half of the growth will come from China. For now, China is not the best Swedish SKF Group market. But individual countries, we believe that China will be able to Swedish SKF (SKF) Group is the largest market