The scale of manufacturing industry has ranked first in the world for 13 consecutive years, and data recently released by the Ministry of Industry and Information Technology show that in 2022, the added value of China’s manufacturing industry will account for nearly 30% of the world, and the scale of manufacturing has ranked first in the world for 13 consecutive years. “The bigger the bigger”, what does China’s manufacturing industry rely on to form such a scale advantage? How to find new advantages? With these questions in mind, the reporter interviewed relevant experts.
The “two-wheel” drive is both quantitative and qualitative
According to the latest data from the National Bureau of Statistics, from January to February this year, the added value of China’s manufacturing industry increased by 2.1% year-on-year. Among them, the chemical raw materials and chemical products manufacturing industry increased by 7.8%, the railway, shipbuilding, aerospace and other transportation equipment manufacturing industry increased by 9.7%, and the electrical machinery and equipment manufacturing industry increased by 13.9%, which performed well. Some subdivided industries have accelerated scale expansion and quality improvement, supporting China’s manufacturing scale to rank first in the world for 13 consecutive years. According to statistics, the added value of traditional industries such as chemical products, non-metallic mineral products, and metal products accounted for 28.8% of the total manufacturing industry from 23.5% in 2010 to 28.8% in 2020. The added value of communication equipment, computers and other electronic equipment representing emerging industries increased from 6.5% in 2010 to 7.6% in 2021, and the performance of general and special equipment manufacturing, electrical machinery and equipment manufacturing, transportation equipment manufacturing and other industries was relatively stable.
Please feel free to contact us, fill out the form below and one of our representatives will contact you as soon as possible.