China's farm machine production is gradually bottom out

China's agricultural machinery production is gradually bottom out, showing a rapid growth. China Agricultural Machinery Industry Association, according to a Statistics show that since 2002, China's agricultural production out of the downward trend, beginning the rapid growth of the year industrial output value 63.48 billion yuan, up 14.6%. The first quarter of this year, achieved 17.04 billion yuan industrial output value of farm machinery, an increase of up to 25.84%. SARS epidemic, natural disasters and rising steel prices and other factors, to the end of the second quarter and third quarter, agricultural machinery industry total output value was 38.09 billion yuan and 56.18 billion yuan, down year on year growth to 21 .9% and 17%, but still maintain a good momentum of development.
China Agricultural Machinery Distribution Association Vice President Wang Guangning, said China's agricultural machinery industry revitalized thanks to the first national burdens around the farmers, income, increase financial investment and loans in areas such as development of new policies, everything possible to increase farmers income, which for the agricultural machinery market provided a guarantee; Second, with the depth adjustment of agricultural structure, the continuous development of agricultural industry, farmers growing grain was improved, on the growing demand in agricultural products; Third, foreign investment in China's agricultural machinery industry has injected new vitality to the production ; Fourth, China's large enterprises through the reform of agricultural trade, and gradually out of the woods, to better meet the needs of the market.
 According to the National Bureau of Statistics, at present, China's industrial enterprises above designated size agricultural machinery has been developed for the 1470, which the state-owned and state holding enterprises 487, 916 private enterprises, 67 foreign-funded enterprises, belonging to tractors and accessories, mechanized farm tools and gardening machinery, agricultural processing and special equipment, special equipment feed production, animal husbandry machinery, fishing machinery, farming machinery parts fisheries and other industries. Yulin City in Guangxi Zhuang Autonomous Region Yuchai Machinery Co., Ltd. is the largest engine production base in 1-July sales of diesel engines 107 000 units total. In recent years, Yuchai began to develop agricultural machinery and automotive power products power products on the equally important strategic position.
Yuchai Machinery Co., Ltd. Deputy General Manager Yang Jianjun agricultural power in the recently held conference, product launches, Yuchai into the agricultural market, although only two short years ago, but has developed very quickly this year has sold 6,000 units. "With reliable quality, advanced technology and high quality service, Yuchai in the agricultural market is huge room for development."
China's agricultural machinery industry enterprises in efforts to expand the domestic market, but also continue to explore the international market, exports showed strong growth. China Machinery Association Information Center statistics show that 1 to 9 this year, month, China's import and export of agricultural products amounted to 1.44 billion U.S. dollars, up 80.5%, of which exports 744 million U.S. dollars, up 79.3 %, the main products exported tractors, tractor, agricultural products processing machinery, harvesting machines and vehicles, etc..