China leads global manufacturing sector for 14 consecutive years
China has remained the world's top manufacturing hub for 14 consecutive years.
China leads global manufacturing sector for 14 consecutive years
The Economics of Geography

China leads global manufacturing sector for 14 consecutive years

Photo: AFP/Cfoto
Eurasia 22/01/2024 13:51

China has remained the world's top manufacturing hub for 14 consecutive years.

China has remained the world's top manufacturing hub for 14 consecutive years, the Ministry of Industry and Information Technology (MIIT) said, according to China Daily.

The country's large manufacturing enterprises, each of which has an annual main business turnover of at least 20 million yuan (about $2.8 million), saw their combined value-added output increasing 5 percent year-on-year in 2023, said Xin Guobin, vice-minister of MIIT, at a press conference.
AFP/NurPhoto/Cfoto

The total value-added industrial output went up 4.6 percent year-on-year in 2023, up 1 percentage point from that of 2022, Xin said.

By the end of November last year, the number of large industrial enterprises reached 483,000, up 32,000 from that at the end of 2022, he added. 

#China
See Also

We use cookies on our website. If you consent to their use, we use them to measure and analyze the use of the website.
Information and Settings

Accept