Since China became the twenty-eighth, after the Olympic Games organizers, especially after the birth of the Olympic Games official mascot, the “Olympic economy” appears frequently on major media in China has become the focus of attention that people with Olympic economy great opportunity to have high expectations, looking forward to the Olympics to create the economic miracle.

2008 Beijing Olympic Games will be China’s economic development as well as all significant boost. 7 years after the successful bid, the Beijing Olympics boost Beijing’s economic growth each year 1 to 2 percentage points, China’s economic growth from 0.3 to 0.4 percentage points. Industry experts believe that: As China’s fast economic development, as much as 1.3 billion people have enthusiasm for the Olympic Games Olympic Games than any country high, the 2008 Olympic Games will be better than expected market development, it would be more profitable.

Olympic economy is a broad concept covering many aspects of multi-level content. Olympic Economy that is “sports economy”, can promote related industries such as telecommunications, transport, tourism, catering and other industries, resulting in a significant indirect economic benefits. The most obvious is the performance of direct and Olympics-related investment and consumption, such as: urban infrastructure and the construction of Olympic venues. Beijing 2008 Olympic Games venue construction, with a total investment of 280 billion yuan, of which about 64% will invest in infrastructure and venue construction. Bearing Industry is an important system of mechanical industry sector in the national economy plays an important role. Electrical and supporting the Olympic Games for the project Bearing Demand, stimulating the demand for bearings for bearing the market to build a great platform to promote the further development of the bearing industry. My biggest highlight of the bearing industry already has a larger scale of production. 2003, two years ahead to achieve industry-wide trade “15″ goals of the plan; in 2004, China’s SKF Bearings Pin Sales volume second only to Japan, Germany and Sweden, the world’s No. 4. However, imports of bearings and industrial power in the world than there are still a big gap between us. The main performance of the high-precision, high-tech and low proportion of high value-added products, poor product stability, reliability, low, short life. Held by the 2008 Olympic Games, we have been bearing industry more opportunities to learn advanced foreign technology is beneficial to our R & D and innovation in bearing technology. Olympic economy is Attention Economy, it is the brand economy. Olympic Games for some companies set a good image for their brand to the world provided a rare opportunity and the stage. In many sponsors, the bearing industry to place. Sponsored by the amount of the bearing industry, both to the Beijing Olympic Games has brought enormous benefits, the world was told by the Olympic Games shows the local businesses bearing production characteristics, on the one hand to expand the popularity of China’s bearing business, on the other hand, increased and foreign Cooperation Opportunity to explore the overseas market bearings.

Beijing Olympics to the bearing industry with huge profits for the bearings industry to provide a larger market space. Therefore, to firmly grasp the bearing industry, the development opportunities for China’s bearing towards the world market.

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