China Agricultural Machinery Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027) - ResearchAndMarkets.com
The "China Agricultural Machinery Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)" report has been added to ResearchAndMarkets.com's offering.
- The "China Agricultural Machinery Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)" report has been added to ResearchAndMarkets.com's offering.
- The Chinese agricultural machinery market is projected to record a CAGR of 5.8% during the forecast period 2022-2027.
- China is one of the largest manufacturers of farming equipment and the largest market for agricultural machinery globally.
- To boost domestic production of farm machinery, the Chinese government has an agricultural machinery subsidy policy to provide financial assistance for purchasing heavy agricultural machinery, including agricultural tractors.