The advantages of policy depressions in Liangjiang New Area have attracted the attention of Sweden's SKF, the leader in the global bearing industry. Yesterday, SKF of Sweden announced a cooperation with Shandong Jiarui Industrial Development Co., Ltd. to establish Chongqing Wallenberg Mechanical and Electrical Equipment Co., Ltd. as its southwest headquarters in Chongqing.

"When it comes to bearings, many people may not know very well. Although the SKF bearing is a small accessory in the main engine, it is like the heart of an electric tool, and its role is very important." SKF China Co., Ltd. China President Erik Nelander told reporters. At present, like the top-class Ferrari, its bearings are all designed by SKF.

The person in charge of Chongqing Wallenberg Electromechanical Equipment Co., Ltd. told reporters that the reason for landing in Liangjiang New Area is that one has taken a fancy to Chongqing’s automobile and CNC electromechanical equipment industry clusters and huge market; the other is the only national development in the inland area of Liangjiang New Area. The new district has more support in policies and taxation, which is a big benefit to enterprises.