Policy-driven agricultural machinery industry booming production and sales will continue

"From January to April this year, China's agricultural machinery industry realized a total industrial output value of 57.3 billion yuan, an increase of 28.7% over the same period last year. This is more prominent in the machinery industry, and the growth rate was 1.72 percentage points higher than last month, showing a good momentum of monthly growth." On May 28, Professor Gao Yuan En, Chairman of the China Association of Agricultural Machinery Industry, interviewed China Industry News in his office, and used a set of data to illustrate the current state of operation of China's agricultural machinery industry.
The latest statistics also show that from January to April, China's agricultural machinery industry achieved a new product output value of 6.2 billion yuan, an increase of 55.23%. The export delivery value of agricultural machinery products also achieved continuous growth. "This shows that China's agricultural machinery industry has sufficient stamina and the growth space is still large." Gao Yuan En analyzed.
Tractor acts as a "pioneer"
At present, China's agricultural machinery industry is in the best period of development in history. The overall situation is promising, and it maintains a high-speed growth, sales and sales boom. “The sales rate of agricultural machinery products has remained above 97%.” May 28, China Hong Siangguo, deputy director of the Agricultural Machinery Industry Association, told reporters.
From a product point of view, the authoritative data released by the National Bureau of Statistics shows that in April of this year, large and medium-sized tractors thrived, and the monthly output reached 35,400 units, an increase of 50.88% year-on-year, and this year reached 101,000 units, an increase of 28.98% over the same period of last year. The growth rate of small-sized tractors was also faster. In April, the output reached 229,400 units, an increase of 25.29% over the same period of last year. This year, the cumulative number reached 914,500 units, an increase of 32.29% over the same period of last year.
At the same time, the reporter learned that among the 70 major industrial products listed by the National Bureau of Statistics, the small tractors in March ranked first in terms of the growth rate over the same period of last year.
Analysts pointed out that in recent years, small wheeled enterprises have replaced the traditional price war with quality warfare and practicality, so that market competition has gradually entered a rational orbit. With the further increase in production concentration and the increasingly fierce competition among enterprises, China's tractor industry is increasingly showing a trend of intensified market competition, monopoly of dominant companies, and adjustment of industrial structure. New industrial clusters will emerge in the coming years.
From the perspective of the entire agricultural machinery industry, from January to April this year, the export value of the agricultural machinery industry reached 2.24 billion US dollars, an increase of 73.31%. "This is the highest in the entire machinery industry." Gao Yuan En said that the import of 434 million US dollars, an increase of about 7%, a large surplus agricultural machinery industry. From the above data, it can be seen that despite the repeated appreciation of the renminbi, the momentum of agricultural machinery exports this year has remained unabated. According to the data, the export delivery value of farm machinery from January to April was 6.458 billion yuan, an increase of 20.94%.
Gao Yuanen believes that this year's China's agricultural machinery import and export trade will rely on its own advantages and maintain a stable development trend. As the cost-effectiveness of China’s agricultural machinery and the international competitive advantage of its own brands are still in place, the export of agricultural machinery will still maintain a rapid growth rate; at the same time, in the national policy of supporting agriculture and benefiting farmers and improving people’s spending power, as well as the economy of various trade balances, With the financial policy in place, it will further boost the import of agricultural machinery.
Policy market "two-wheel drive"
"Under the guidance of the Party and the State's series of preferential agricultural policies, the development of China's agricultural machinery industry has demonstrated the optimization of the structure of agricultural machinery products, increased production concentration, further intensified technological transformation of enterprises, and made new progress in the development of brand names." Siemens said to reporters.

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