Sources in China s agricultural-machinery industry believe that after China joins the WTO, the impact on the country s production of small agricultural equipment will not be significant. China currently produces large quantities of this machinery. These sources believe on the contrary that China s accession to the WTO will provide an opportunity for China to export agricultural equipment to Europe and the United States.
China is a major producer of small agricultural machinery.
Many of these are exported every year. China s small agricultural machinery sells for only one-third as much as similar foreign products. Its production of small tractors and diesel engines is not only large-scale but also is highly concentrated. The major export markets for China s agricultural machinery are Southeast Asia and South America. China began producing large and medium-sized tractors and combines rather early, but this production grew very slowly for a long time.