In the heart of Henan Province on the Chinese mainland, Luoyang Bearing Group Co., Ltd. is rewriting the playbook for traditional manufacturing. The firm has invested heavily in scientific and technological research, emerging as a domestic leader in aerospace, wind power generation, high-speed rail and electric vehicle bearings.
Since the launch of the 14th Five-Year Plan (20212025), the company has delivered 13 sciadrtech achievements that meet international standards and now commands more than 40% of the domestic market for wind turbine main bearings. A key driver has been its digital overhaul: 5Gadenabled industrial IoT links product design, material selection, production and delivery into a seamless, dataadriven pipeline.
President Xi Jinping visited the site to highlight the role of core technology breakthroughs and independent innovation. He underscored that boosting high-quality development and enhancing governance efficiency are essential to open a new chapter in modernization.
For entrepreneurs and tech enthusiasts around the world, Luoyang Bearing’s journey offers a blueprint. By embracing digital tools, legacy industries can transform into agile innovation hubs and contribute to sustainable economic growth.
China’s focus on efficiency goes beyond speed—it aims to build resilient ecosystems where policy, technology and talent converge. The story unfolding in Henan shows how digital transformation and smart governance can unlock fresh opportunities across industries and inspire the next generation of global changemakers.
Reference(s):
How China boosts high-quality development, high-efficiency governance
cgtn.com
