The Chinese industry has been nurturing agriculture for several decades. When it reaches a relatively high level, it must inevitably turn to support the development of agriculture, and it will implement policies to reduce the use of agriculture to improve rural conditions and fundamentally change the dual urban and rural areas. structure. Studies have shown that China’s society has also generally possessed the ability of industry to nurture agriculture, and society has both the need to feed back agriculture and the ability to feed back.
Agricultural mechanization is the key to the modernization of agriculture. Although the total volume of China's agricultural machinery has developed rapidly, the huge population base still leaves China's per capita farm machinery capacity below the world average. The comprehensive mechanization level is only about 48%, and the structural imbalance is obvious: the mechanization level of mechanized farming is significantly higher. The mechanization of machine seeding, machine harvesting, and food crops is generally higher than that of economic crops. Mechanization of the hilly region is still in its infancy.
Endogenous factors and the external environment are all powerful driving forces for the future development of agricultural mechanization. With the sustained and rapid increase in labor costs, the continued transfer of rural labor to industries and service industries will directly change China’s current agricultural production mode that relies heavily on human labor. Structural shortages will gradually evolve toward full-scale shortages, so the large-scale use of agricultural machinery has its inherently strong driving force.
In terms of the external environment, the extremely low economic benefits of rural land has resulted in a sharp drop in the area of ​​cultivated land in China. Increasing the penetration rate of mechanization and thus increasing labor productivity has become a reliable way for the country to ensure food security. Therefore, it is expected that governments at all levels in China will continue to increase in the future. With regard to subsidies for agriculture, especially in the field of agricultural machinery, local governments have issued detailed regulations on land transfer, which has accelerated the process of land subcontracting and leasing, and has, to a certain degree, improved the existing system of all rural land in China, making agricultural agriculture intensive, Large-scale development has become possible.
Under the background that the market is optimistic about the investment value of the agricultural industry, we trace the source and believe that as a major way to support the upgrading of agricultural production methods, agricultural machinery will obviously benefit the industry's high boom, and it is also one of the few investment products that has benefited from the rapid increase in the labor force. . It is expected that the compound growth rate of the Chinese agricultural machinery industry in the next 10 years is expected to reach 11%, but taking into account the significant structural differences, weak links such as machine seeding and harvesting correspond to agricultural machinery, especially with rice, corn, and cash crops, feed, and rhizomes. Crops, fruit and vegetable crops that meet the demand for refined agricultural machinery will face faster industry growth.
Risk Warning: The agricultural machinery industry has a wide coverage and significant structural differences. In the future, the state's support for the agricultural machinery industry is less than expected.
Agricultural mechanization is the key to the modernization of agriculture. Although the total volume of China's agricultural machinery has developed rapidly, the huge population base still leaves China's per capita farm machinery capacity below the world average. The comprehensive mechanization level is only about 48%, and the structural imbalance is obvious: the mechanization level of mechanized farming is significantly higher. The mechanization of machine seeding, machine harvesting, and food crops is generally higher than that of economic crops. Mechanization of the hilly region is still in its infancy.
Endogenous factors and the external environment are all powerful driving forces for the future development of agricultural mechanization. With the sustained and rapid increase in labor costs, the continued transfer of rural labor to industries and service industries will directly change China’s current agricultural production mode that relies heavily on human labor. Structural shortages will gradually evolve toward full-scale shortages, so the large-scale use of agricultural machinery has its inherently strong driving force.
In terms of the external environment, the extremely low economic benefits of rural land has resulted in a sharp drop in the area of ​​cultivated land in China. Increasing the penetration rate of mechanization and thus increasing labor productivity has become a reliable way for the country to ensure food security. Therefore, it is expected that governments at all levels in China will continue to increase in the future. With regard to subsidies for agriculture, especially in the field of agricultural machinery, local governments have issued detailed regulations on land transfer, which has accelerated the process of land subcontracting and leasing, and has, to a certain degree, improved the existing system of all rural land in China, making agricultural agriculture intensive, Large-scale development has become possible.
Under the background that the market is optimistic about the investment value of the agricultural industry, we trace the source and believe that as a major way to support the upgrading of agricultural production methods, agricultural machinery will obviously benefit the industry's high boom, and it is also one of the few investment products that has benefited from the rapid increase in the labor force. . It is expected that the compound growth rate of the Chinese agricultural machinery industry in the next 10 years is expected to reach 11%, but taking into account the significant structural differences, weak links such as machine seeding and harvesting correspond to agricultural machinery, especially with rice, corn, and cash crops, feed, and rhizomes. Crops, fruit and vegetable crops that meet the demand for refined agricultural machinery will face faster industry growth.
Risk Warning: The agricultural machinery industry has a wide coverage and significant structural differences. In the future, the state's support for the agricultural machinery industry is less than expected.
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