High Growth Reported for the China Agricultural Machinery Industry Report, 2007-2008

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China Agricultural Machinery Industry Report, 2007-2008

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In 2007, China's development of agricultural mechanization entered the intermediate stage from the initial stage, indicating that China's agricultural mechanization has entered a new historical phase. By the end of 2007, China's integrated mechanization level of plowing, seeding and harvesting has reached 41%, demonstrating that China has moved into a new era of developing modern agriculture through increasing agricultural machinery and reducing labor force.

In 2007, China's total area plowed, sown and harvested by machines reached 2.43 billion mu (Chinese unit of area, 1 mu = 0.165 acre). China's agricultural mechanization level had a big jump and its integrated agricultural production capability had a significant improvement in the past year. Among the three major grain crops: wheat, paddy and corn, more than 81% of wheat was sown and harvested by machine averagely, showing a full production mechanization achieved basically; 11.2% of paddy was sown and 44.1% of paddy was harvested by machine respectively; and 58% of corn was sown and 6.8% of corn was harvested by machine respectively.

In 2007, China had a continuous and stable growth in import and export of agricultural machinery. According to the statistics from the General Administration of Customs, China's import and export value of agricultural machinery, including internal-combustion engine and irrigation & drainage machinery, was US$19.01 billion, up 39.37% year-on-year, with a trade surplus of US$1.439 billion posted in the year. It is forecasted that in 2008, China will continue to maintain a momentum of stable growth in import and export of agricultural machinery.

In 2008, China agricultural machinery industry will keep the trends of a sustained, steady, fast and harmonious development and its total output value will increase by 10%-15% year on year to CNY165-170 billion. The output of large- and medium-sized tractors will reach 200,000-220,000 units and that of combine harvesters will amount to 70,000-80,000 units.

1. Retrospect of China Agricultural Machinery Industry in 2007

1.1 China Agricultural Machinery Development in 2007

1.1.1 A Continuous Rise in Total Quantity of China Agricultural Machinery

1.1.2 Remarkable Improvement in Mechanization Level of Farm Operation

1.1.3 A Steady Rise in Social Service Benefit of Farm Machinery Operation

1.1.4 Intensified Technical Innovation & Demonstration Promotion of Agri-Mechanization

1.2 Import and Export of Agricultural Machinery in 2007

1.2.1 Import of Agricultural Machinery

1.2.2 Export of Agricultural Machinery

1.2.3 Characteristics of Agricultural Machinery Import and Export in 2007

2. China Agricultural Machinery Industry Development

2.1 Key Factors of China Agricultural Machinery Industry Development

2.1.1 Production Capacity and Technical Development Trend

2.1.2 Demand for Agri-Machinery Boosted by Agricultural Development Orientation

2.1.3 Key Development on the Basis of Strict Management

2.2 Current Situation of China Agricultural Machinery Industry Development

2.2.1 Strength and Weakness of China Agricultural Machinery Industry

2.2.2 Focus of China Agricultural Machinery Industry Development

2.3 Development Trend of China Agricultural Machinery Industry

3. Regional Development of China Agricultural Machinery Industry

3.1 Shandong Province

3.1.1 Product Supply and Sales

3.1.2 Distribution Layout and Competition of Producers

3.1.3 Competitive Advantages

3.1.4 Key Problems and Development Prospects

3.2 Anhui Province

3.2.1 Product Supply and Sales

3.2.2 Distribution Layout and Competition of Producers

3.2.3 Competitive Advantages

3.2.4 Key Problems

3.3 Liaoning Province

3.3.1 Product Supply and Sales

3.3.2 Distribution Layout and Competition of Enterprises

3.3.3 Competitive Advantages

3.3.4 Problems Concerned

3.4 Jilin Province

3.4.1 Product Supply and Sales

3.4.2 Distribution Layout and Competition of Producers

3.4.3 Competitive Advantages

3.4.4 Key Problems

3.5 Jiangsu Province

3.5.1 Product Supply and Sales

3.5.2 Distribution Layout and Competition of Producers

3.5.3 Competitive Advantages

3.5.4 Key Problems

3.6 Zhejiang Province

3.6.1 Product Supply and Sales

3.6.2 Distribution Layout and Competition of Producers

3.6.3 Competitive Advantages

3.6.4 Key Problems

4. China Key Agricultural Machinery Product Development in 2007

4.1 Demand & Supply Trend of Agricultural Machinery

4.1.1 Supply Structure of Agricultural Machinery Products in 2007

4.1.2 Demand Structure of Agricultural Machinery Products in 2007

4.1.3 Development Trend of Producers with Different Sizes in 2007

4.1.4 Outlook of Output Value and Profitability of Agricultural Machinery in 2008