China – Why It Is Global Manufacturing Hub?

  • 2021 – 30% of the global output
  • 2012 – 20% of the global output
  • 2021 – manufacturing output – 31.4 trillion Yuan ($4.69 trillion)
  • 2012 – manufacturing output – 16.98 trillion Yuan ($2.53 trillion)
  • 6.3% – average industrial growth between 2012 and 2021
  • 2% – average industrial growth between 2012 and 2021
  • 2021 – industrial output – 37.3 trillion Yuan ($5.57 trillion)
  • 2021 – industrial output – 20.9 trillion Yuan ($3.12 trillion)

(The State Council Information Office, China)

Manufacturing, value added (current US$)

  • 2004 – $625.22 billion
  • 2012 – $2.69 trillion
  • 2021 – $4.87 trillion

(The World Bank)

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