Core Insights - The meeting highlighted the development of the high-end bearing industry chain in Liaocheng, which is recognized as one of the five major bearing industry clusters in China [1][4]. Industry Overview - Liaocheng has the largest bearing trading market in the country and a complete spare parts production system, with 11,500 market entities and 147,000 employees in the bearing industry [4]. - In the first seven months of 2025, the industrial output value of regulated enterprises reached 6.674 billion yuan, a year-on-year increase of 10.98%, with profits of 302 million yuan, up 20.30% [4]. Development Goals - The city aims to achieve an industrial output value of over 12.7 billion yuan by the end of 2025, attract more than 14 upstream and downstream projects, and cultivate one enterprise with a value of 5 billion yuan and 18 enterprises with a value of 1 billion yuan [5]. Strategic Initiatives - The government plans to focus on brand building, deepen industrial collaboration, and enhance quality traceability and intellectual property protection to promote the "Liaocheng Bearing" regional brand [6]. - There will be an emphasis on digital transformation and smart upgrades, aiming to improve the digital and intelligent service capabilities of the bearing industry [6]. - The integration of education and industry will be prioritized to cultivate local technical talent in the bearing sector [6]. Ecosystem Optimization - The strategy includes strengthening connections with upstream and downstream enterprises, exploring the establishment of a bearing industry company, and promoting cross-county cooperation [7]. - The goal is to create a world-renowned bearing trading market and enhance the international influence of "China's Bearing Trade Capital" [7].