The added value of China’s manufacturing sector remained the world’s largest in 2021, occupying pole position for the 12th consecutive year
In 2021 the added value of the Chinese manufacturing sector was 31.4 trillion yuan, accounting for 27.4% of Chinese GDP, according to figures released by the Ministry of Industry and Information Technology (MIIT) on 9 March.
China’s manufacturing sector has led the world in terms of added value since 2010, with 2021 marking the 12th consecutive year that it’s remained in first place.
MIIT data indicates that since Xi Jinping assumed the office of president in 2012, the added value of Chinese industry increased from 20.9 trillion yuan to 37.3 trillion yuan, while manufacturing sector added value rose from 16.98 trillion yuan to 31.4 trillion yuan.