The total industrial output value of China’s agricultural machinery industry reached 338.2 billion yuan ($53.8 billion) in 2012, ranking first globally, a senior official said Tuesday. Zhang Taolin, vice-minister of agriculture, said the sector has been growing by about 20% annually for the last six years…Full-text article: China Daily Feb 2013

Key point

  • In 2012, China produced 1 million harvesters and over 2 million tractors.

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