2022年03月17日 星期四
China Tops Manufacturing for 12 Straight Years

  By WANG Xiaoxia

  According to data from the Ministry of Industry and Information Technology, the added value of China's manufacturing industry reached 31.4 trillion RMB in 2021, accounting for 27.4 percent of its GDP. Since 2010, the added value of China's manufacturing industry has ranked No.1 in the world for 12 consecutive years.

  From 2012 to 2021, the added value of China's industry increased from 20.9 trillion RMB to 37.3 trillion RMB, of which the added value of manufacturing increased from 16.98 trillion to 31.4 trillion RMB, according to the National Bureau of Statistics (NBS).

  As a consequence, China's manufacturing industry is making headway in terms of its international competitiveness, innovation capacity, structural upgrade and digital transformation.

  As the only country in the world to obtain all the industrial categories listed in the United Nations industrial classification, and the world's largest producer of over 220 types of industrial products, China's value-added industrial output, an important economic indicator, went up 9.6 percent year-on-year in 2021, and the figure brought the average growth rate in the past two years to 6.1 percent, the data from NBS showed on Jan 17.

  The innovation capacity of the manufacturing sector has improved. The photovoltaic, wind power, shipbuilding and other industrial chains have further strengthened their international competitive advantages. NBS data shows that container output increased by 110.6 percent year-on-year, while chip output up 33.3 percent. Progress has also been made in tackling key problems in OLED displays, industrial motherboards and new materials.

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  The industrial structure continued to improve last year, with the output in high-tech manufacturing and equipment manufacturing industries expanding by 18.2 percent and 12.9 percent respectively. Meanwhile, productivity improved and energy consumption per unit of added value of industrial enterprises above designated size declined by 5.6 percent year-on-year.

  The digital and green transformation of the manufacturing sector has also been accelerated. With more than 1.4 million 5G base stations and 520 million 5G mobile terminals connected, China has built the world's largest optical fiber and mobile communication network.

  An impressive 55.3 percent of technological processes in key areas have been digitally controlled, and 74.7 percent of R&D and design tools are digitalized, creating a strong driver for sustainable and healthy economic and social development.

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