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On an account during a period of 2004-2014, the Chinese government has granted approx. RMB 119.5 Billion as subsidies on the purchase of over 16 million sets of farming machinery. China Agricultural Equipment market is growing very rapidly, from traditional (manual labor-intensive) to highly mechanized farming. Owing to the government laws and regulations, huge population base with changing dietary preferences and demand for quality livestock are among the key factors driving the China Agricultural Equipment market.

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