Sales of China Gear Industry Over 160 Billion Yuan in 2010
www.chinatrucks.com: It is learned from China Gear Committee that development of gear industry were fast and steady last year, and sales of China gear industry exceeded 160 billion Yuan, up 25%.
The Ministry of Industry and Information Technology published Promotion Scheme for foundational mechanical spare parts on Oct. 11, 2010. And gear and transmission parts were put as one of the six basic parts.
Sales of Shaanxi FAST amounted to 12.6 billion Yuan, up 67.3%; and sales of Nanjing High Accurate Drive Equipment Manufacturing Group Co.,Ltd were 12 billion Yuan, up 46.3%.
China gear and transmission companies made some breakthrough on high-end technologies, such as AMT.
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