Total output value of agricultural machinery expected to exceed 400 billion yuan in 2015
The drafting of the 13th Five-Year Plan for the agricultural machinery industry was officially launched a few days ago. At present, China is in a critical period of accelerating the transformation of traditional agriculture and vigorously developing modern agriculture. The agricultural industry will usher in major development opportunities. Experts predict that by 2015, the total output value of the national agricultural machinery industry is expected to exceed 400 billion yuan.
Since the introduction of agricultural machinery purchase subsidies in 2004, China's agricultural machinery industry has gone through a golden decade. Relying on rigid growth in market demand and strong policy support, China's agricultural machinery industry has grown at double-digit high speed for ten consecutive years, becoming a veritable major country in agricultural machinery manufacturing. In 2013, the main business revenue of agricultural machinery enterprises above designated size nationwide was 357.158 billion yuan. Two quantitative targets set by the "12th Five-Year Plan" for achievement by 2015: "total agricultural machinery power reaching 1 billion kilowatts" was already achieved ahead of schedule in 2012; "comprehensive mechanization level of cultivation, planting and harvesting reaching above 60%" is also expected to be achieved ahead of schedule this year, with expectations of reaching above 61%.
At present, China is in a critical period of accelerating the transformation of traditional agriculture and vigorously developing modern agriculture.
At present, China is in a critical period of accelerating the transformation of traditional agriculture and vigorously developing modern agriculture. The agricultural machinery industry will usher in major development opportunities. Experts predict that by 2015, the total output value of the national agricultural machinery industry is expected to exceed 400 billion yuan. China's huge agricultural machinery market cake has attracted the favor of international capital, and international agricultural machinery giants have successively established themselves in China. At the same time, capital from China's domestic construction machinery and automobile industries is also actively entering the agricultural machinery field, accelerating the pace of mergers, acquisitions and investment in agricultural machinery enterprises. As early as 2013, Zoomlion proposed building a development pattern in which five major sectors including construction machinery and agricultural machinery advance side by side, injecting advantages accumulated in the construction machinery field such as technology, brands and markets into the agricultural machinery industry.
At the same time, China's agricultural machinery industry also faces problems such as "overcapacity in traditional agricultural machinery products, but insufficient supply of emerging agricultural machinery and tools." Manufacturing enterprises vary greatly in quality, and the overall characteristics are "many, small, scattered and weak." There is still a large gap compared with developed countries in the variety and performance of agricultural machinery products. Therefore, experts at the meeting believed that the agricultural machinery industry has reached an inevitable period of adjustment, and the drafting of the "13th Five-Year Plan" must also establish new horizons and achieve new development, promoting the accelerated transformation of the agricultural machinery industry from the mid-to-low end to the high end.