China's agricultural machinery foundry market will become the major areas of international competition

China mold net sum up, the future of China's agricultural machinery casting market competition is no longer price between domestic enterprises and channels of contention as well as share the potential dispute. The internationalization of domestic competition will be the basic characteristics of the future market competition.
Large and medium tractors in recent years, rural areas have increased to more than 3.84 million units from 1.4 million units to the small tractors increased from 15.4 million units to 17.8 million units, the combine harvester increased to more than 970,000 units from 477,000 units. Since the beginning of 2012, industrial raw material prices turns up affects large and medium-sized tractor sales prices climbed.
With industrialization, informatization, urbanization, marketization and internationalization of the in-depth development, structural adjustment and industrial upgrading intensified, more urgent demand for agricultural mechanization. International's third-largest agricultural equipment giant AGCO early to build a second large horsepower tractor manufacturing center in Daqing officially started, the world's largest manufacturers of agricultural machinery and equipment Deere officially announced to the outside world, plans to invest 60 million dollars to build an engine factory in Tianjin, China, which is already Deere seven investment projects in China.