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Research and Markets(http://www.researchandmarkets.com/research/e77707/china_agricultural) has announced the addition of the "China Agricultural Machinery Industry Report, 2007-2008" report to their offering.
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 labour force.
In 2007, China's total area ploughed, 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's 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.
Key Topics Covered:
Retrospect of China Agricultural Machinery Industry in 2007
China Agricultural Machinery Industry Development
Regional Development of China Agricultural Machinery Industry
China Key Agricultural Machinery Product Development in 2007
Market Demand Forecast of Agricultural Machinery Industry in 2007
Operation and Competition Analysis of Leading Companies
Investment Opportunities and Risks of Agricultural Machinery Industry
Selected Charts
Total Quantity of China Agricultural Machinery, 2007
Mechanization Level of Farm Operation in China, 2007
Import and Export of China Agricultural Machinery, 2007
China Major Imported Products of Agricultural Machinery, 2007
China Trade Surplus in Agricultural Machinery Import & Export, 2007
China Import Source Countries for Agricultural Machinery, 2007
China Key Export Products of Main Agricultural Machinery, 2007
Distribution of Total Power of Agricultural Machinery by Province, 2007
Total Power & Total Value of Agri-Machinery in Shandong Province, 2001-2007
Total Power Changes of Agricultural Machinery in Shandong Province, 2001- 2007
Total Value Changes of Agricultural Machinery in Shandong Province, 2001 to 2007
Large-, Medium- and Small-Sized Agri-Machinery in Shandong Province, 2003 - 2007
Output of Large and Medium Size Tractors in Shandong Province, 2007
Total Power of Agricultural Machinery in Anhui Province, 2002-2007
Companies Mentioned:
Shandong FOTON Heavy Industries Co., Ltd
Beiqi Foton Motor Co., Ltd.
Weifang Diesel Engine Manufacturing Co., Ltd
For more information visit http://www.researchandmarkets.com/research/e77707/china_agricultural

Contact:Laura WoodSenior Managerpress@researchandmarkets.comFax 
      from USA: 646-607-1907Fax from rest of the world: +353-1-481-1716

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