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Overall Scale of China’s Manufacturing Industry Tops World for 15 Consecutive Years

01-21-2025

A report from Xinhua on Jan. 21st, 2025:

China’s manufacturing industry has maintained the top position in the world in terms of overall scale for 15 consecutive years in 2024, the Ministry of Industry and Information Technology said Tuesday.

In 2024, China’s total value-added industrial output reached 40.5 trillion yuan (about 5.65 trillion U.S. dollars).

China will accelerate the study and issuance of documents to promote the high-quality development of the digital industry, increase policy support and elemental protection, strengthen the monitoring of the operation of the digital industry, enhance the convergence and implementation of industrial policies, financial policies, etc., to accelerate the creation of digital industry clusters with international competitiveness, and to provide a strong support for the stronger, better, and larger digital economy.

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