China maintains its position as the world’s largest manufacturing center for the 11th consecutive year


Beijing – USA:

Posted in: Tuesday 2 March 2021 – 9:30 AM | Last update: Tuesday 2 March 2021 – 9:30 am

The Chinese Ministry of Industry and Information Technology announced that China has maintained its position as the largest manufacturing center in the world for 11 years in a row, accounting for nearly 30% of the global manufacturing output.

Chinese Minister of Industry and Information Technology, “Xiao Yaqing” – said – in today’s remarks – “In the past five years, the value-added industrial output in China has increased from 23.5 trillion yuan (about 3.63 trillion dollars) to 31.3 trillion yuan (4.83 trillion dollars). .

During the period of the Thirteenth Five-Year Plan (2016-2020), the average growth rate of value-added output of China’s high-tech manufacturing sector was 10.4%, an increase of 4.9 percentage points over the total industrial output, while the information transmission, software and technology services industries were witnessed by Cheng. Information has made significant progress during this period, as its value-added industrial output rose from 1.8 trillion yuan ($ 278 billion) to 3.8 trillion yuan ($ 587 billion), with its share of GDP growing from 2.5% to 3.7%.

By the end of 2020, the penetration rate of fixed broadband internet among Chinese households had reached 96%, while the mobile broadband Internet penetration rate had reached 108%, noting that in terms of developing the fifth generation, the country had built a total of 718,000. 5G base station by the end of last year, with the number of mobile stations connected to the network exceeding 200 million.


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