Ministry of Industry and Information Technology: China's manufacturing value added will account for nearly 30% of the world's total in 2022, and the scale of its manufacturing industry has ranked first in the world for 13 consecutive years

Data released by the Ministry of Industry and Information Technology show that in 2022, China's manufacturing value added accounted for nearly 30% of the world's total, and the scale of manufacturing has ranked first in the world for 13 consecutive years. The data also show that from January to February this year, China's manufacturing value added increased by 2.1% year-on-year. Among them, the chemical raw materials and chemical products manufacturing industry increased by 7.8%, the railway, ship, aerospace and other transportation equipment manufacturing industry increased by 9.7%, and the electrical machinery and equipment manufacturing industry increased by 13.9%, all of which performed well.

Experts said that the large scale of China's manufacturing industry can provide more funds, talents and application scenarios for technological progress in the manufacturing industry, promote my country's manufacturing industry to accelerate investment in technological research and development, improve product research and development design, high-end production equipment, advanced process design, and advanced basic materials, and realize the transformation of the manufacturing industry to high-end, intelligent and green.

"Big" can also provide more powerful support for the rise of Chinese brands. In recent years, Made in China is becoming synonymous with high quality, high efficiency and high cost performance, laying a solid foundation for Chinese local brands to become bigger and stronger and to form global influence. China's manufacturing industry is large in scale and complete in categories, which to a certain extent ensures that the manufacturing industry has strong resilience, large room for maneuver and strong risk resistance.

In addition, new fields and new tracks are largely extensions of the existing manufacturing industry's chain extension, chain supplement and chain strengthening, or new applications, new business forms and new models derived from existing industries through digital empowerment and other means . A sound manufacturing system provides more space for the selection and cultivation of China's future industries.

Zikuai Technology