The ten-year road map of agricultural equipment determines that the domestic production rate of agricultural machinery is expected to exceed 95%.

China Securities Network News recently learned from the National Manufacturing Power Construction Strategy Advisory Committee that the road map for the development of China's agricultural equipment in the next decade has been drawn. According to the technology roadmap for the key areas of "made in China 2025", by 2025, the total output value of agricultural industry will reach 800 billion yuan, the market share of domestic agricultural machinery products will be more than 95%, and the market share of high-end products such as large tractors and cotton pickers with more than 200 horsepower will reach 60%.

According to the Economic Information Daily on November 26, in addition, the road map shows that in the next 10 years, the whole range of machinery for the production of bulk grain and strategic cash crops is complete, and the ability of information collection, intelligent decision-making, and accurate operation of agricultural machinery equipment has been significantly improved, forming an overall information-based solution for agricultural production. Intelligent sowing and fertilization, plant protection and harvesting machinery have been put into use, and the effective utilization rate of chemical fertilizers and pesticides has reached more than 50%. Fully master the key technologies of core equipment manufacturing and machine reliability, and the average fault-free time of tractors and combine harvesters reaches 350 hours and 100 hours respectively.

As the most basic material guarantee and core support for the realization of agricultural modernization, China's agricultural equipment industry has developed rapidly in recent years and has become the largest country in the world in the production and use of agricultural equipment. However, domestic agricultural equipment, which accounts for more than 90% of the market demand, is medium-and low-end products, which can not fully meet the needs of modern agricultural development. The rapid application of information and intelligent technology has further widened the gap with developed countries. Some experts said that the "four modernizations" of new industrialization, informationization, urbanization, and agricultural modernization are advancing simultaneously, ensuring the three major security of food, food, and ecology, changing the mode of agricultural development, and the integrated development of the primary, secondary and tertiary industries. it is required that the agricultural equipment industry expand its fields, increase its varieties, and speed up its development towards automation, informationization, and intelligence.

It is worth noting that in the field of agricultural machinery, the national comprehensive mechanization level of crop cultivation and harvest has exceeded 60% in 2014, realizing a historic leap from human and animal power to machinery operation. However, with the large-scale entry of foreign brands into the domestic large-scale agricultural machinery market in recent years, it is difficult for domestic brands to have a say. Fang Song, vice president and chief engineer of the China Academy of Agricultural Machinery Sciences, said in an interview with reporters earlier that all five major agricultural machinery enterprises in the world have "taken root" in China and adopted joint ventures with Chinese enterprises first. and then through a thorough acquisition into a sole proprietorship, slowly squeezing local capital out of the market. The so-called technological transformation of independent brands is to expand the scale on the basis of the original products, but there is no progress in technology, quantitative expansion, but no qualitative improvement.

In terms of strategic support and support for the next decade, the road map states that it supports the establishment of a national innovation center for the agricultural equipment industry. Establish data platforms for research and development, design, testing and standards; carry out collaborative innovation such as basic cutting-edge technologies, key commonalities and major strategic equipment; carry out public technical services such as R & D and design, scientific and technological services, inspection and testing, and information services; build an innovation system of agricultural machinery and equipment industry that adapts to national conditions, is based on industry, is collaborative and efficient, and supports development.

Analysts at Guojin Securities said that agricultural machinery will maintain a relatively high growth rate in the next five years. China's agricultural machinery industry is expected to achieve a relatively high growth rate of 10% and 15% in the next five years, showing a trend of first suppressing and then rising. A shares in Jifeng agricultural machinery, Xinyan shares and other listed companies, related to agricultural machinery production business.