Manufacturing Production in China increased 6.90 percent in February of 2025 over the same month in the previous year. This dataset provides - China Manufacturing Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.

In January and February 2025, the added value of industrial production in China grew by 5.9 percent in real terms compared to the same period in the previous year. At the same time, food production increased by 5.2 percent.

Industrial Production in China increased 5.90 percent in February of 2025 over the same month in the previous year. This dataset provides - China Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.

China Manufacturing: YoY: Value Added of Industry data was reported at 6.100 % in Oct 2018. This records an increase from the previous number of 5.700 % for Sep 2018. China Manufacturing: YoY: Value Added of Industry data is updated monthly, averaging 7.000 % from Jun 2013 (Median) to Oct 2018, with 55 observations. The data reached an all-time high of 11.400 % in Oct 2013 and a record low of 5.700 % in Sep 2018. China Manufacturing: YoY: Value Added of Industry data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Industrial Sector – Table CN.MFG: Manufacturing.

This statistic shows the revenue of the industry “manufacturing“ in China by segment from 2012 to 2021, with a forecast to 2025. It is projected that the revenue of manufacturing in China will amount to approximately 885.68 billion U.S. Dollars by 2025.

According to preliminary data, the agricultural sector contributed around 6.8 percent to the gross domestic product (GDP) of China in 2024, whereas 36.5 percent of the economic value added originated from the industrial sector and 54.6 percent from the service sector, respectively. The total GDP of China at current prices amounted to approximately 134.91 trillion yuan in 2024. Economic development in China The gross domestic product (GDP) serves as a primary indicator to measure the economic performance of a country or a region. It is generally defined as the monetary value of all finished goods and services produced within a country in a specific period of time. It includes all of private and public spending, government spending, investments, and net exports which are calculated as total exports minus imports. In other words, GDP represents the size of the economy.With its national economy growing at an exceptional annual growth rate of above nine percent for three decades in succession, China had become the worlds’ second largest economy by 2010, surpassing all other economies but the United States. Even though China's GDP growth has cooled down in recent years, its economy still expanded at roughly two times the pace of the United States in 2024. Breakdown of GDP in China When compared to other developed countries, the proportions of agriculture and industry in China's GDP are significantly higher. Even though agriculture is a major industry in the United States, it only accounted for about one percent of the economy in 2023. While the service sector contributed to more than 70 percent of the economy in most developed countries, it's share was considerably lower in China. This was not only due to China's lower development level, but also to the country’s focus on manufacturing and export. However, as the future limitations of this growth model become more and more apparent, China is trying to shift it's economic focus to the high-tech and service sectors. Accordingly, growth rates of the service sector have been considerably higher than in industry and agriculture in the years before the spread of the coronavirus pandemic.

Wages in Manufacturing in China increased to 103932 CNY/Year in 2023 from 97528 CNY/Year in 2022. This dataset provides - China Average Yearly Wages in Manufacturing - actual values, historical data, forecast, chart, statistics, economic calendar and news.

China Average Wage: SOU: Manufacturing data was reported at 109,987.000 RMB in 2023. This records a decrease from the previous number of 118,127.000 RMB for 2022. China Average Wage: SOU: Manufacturing data is updated yearly, averaging 9,072.000 RMB from Dec 1978 (Median) to 2023, with 46 observations. The data reached an all-time high of 118,127.000 RMB in 2022 and a record low of 663.000 RMB in 1978. China Average Wage: SOU: Manufacturing data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Labour Market – Table CN.GC: Average Wage: by Industry: Urban State Owned Unit.

Forecast: Contribution to GDP of Manufacturing in China 2024 - 2028 Discover more data with ReportLinker!

The statistic shows the distribution of the workforce across economic sectors in China from 2013 to 2023. In 2023, around 356.39 million people were employed in the service sector.

China Manufacturing: Profit Ratio from Sales Revenue: Year to Date data was reported at 6.140 % in Oct 2018. This records an increase from the previous number of 6.130 % for Sep 2018. China Manufacturing: Profit Ratio from Sales Revenue: Year to Date data is updated monthly, averaging 5.640 % from Jan 2014 (Median) to Oct 2018, with 58 observations. The data reached an all-time high of 6.350 % in Dec 2017 and a record low of 4.660 % in Feb 2015. China Manufacturing: Profit Ratio from Sales Revenue: Year to Date data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Industrial Sector – Table CN.MFG: Manufacturing.

In 2023, around 43.7 percent of the total amount of investments in the city of Jiangmen were invested in the manufacturing sector, ranking first among all cities in Guangdong. Guangdong is the most populous province in China as well as the largest economy among all the provinces in China. This rapidly developing economy has been attracting investment from within China and abroad.

China Manufacturing: Sales Revenue: Year to Date data was reported at 76,221.910 RMB bn in Oct 2018. This records an increase from the previous number of 68,605.400 RMB bn for Sep 2018. China Manufacturing: Sales Revenue: Year to Date data is updated monthly, averaging 50,424.960 RMB bn from Jan 2014 (Median) to Oct 2018, with 58 observations. The data reached an all-time high of 104,771.097 RMB bn in Dec 2016 and a record low of 12,884.520 RMB bn in Feb 2014. China Manufacturing: Sales Revenue: Year to Date data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Industrial Sector – Table CN.MFG: Manufacturing.

Expert industry market research on the Auto Parts Manufacturing in China (2004-2030). Make better business decisions, faster with IBISWorld's industry market research reports, statistics, analysis, data, trends and forecasts.

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Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.

CN: Industrial Enterprise: Expense for per 100 yuan Sales Revenue: ytd data was reported at 8.590 RMB in Dec 2024. This records an increase from the previous number of 8.400 RMB for Nov 2024. CN: Industrial Enterprise: Expense for per 100 yuan Sales Revenue: ytd data is updated monthly, averaging 8.410 RMB from Jun 2017 (Median) to Dec 2024, with 91 observations. The data reached an all-time high of 10.120 RMB in Feb 2020 and a record low of 7.280 RMB in Aug 2017. CN: Industrial Enterprise: Expense for per 100 yuan Sales Revenue: ytd data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Industrial Sector – Table CN.BF: Industrial Financial Data.

The statistic shows the distribution of the workforce across economic sectors in China from 2013 to 2023. In 2023, around 22.8 percent of the workforce were employed in the agricultural sector, 29.1 percent in the industrial sector and 48.1 percent in the service sector. This year, the share of agriculture increased for the first time in more than two decades, which highlights the difficult situation of the labor market due to the pandemic and economic downturn at the end of the year.

Distribution of the workforce in China

In 2012, China became the largest exporting country worldwide with an export value of about two trillion U.S. dollars. China’s economic system is largely based on growth and export, with the manufacturing sector being a crucial contributor to the country’s export competitiveness. Economic development was accompanied by a steady rise of labor costs, as well as a significant slowdown in labor force growth. These changes present a serious threat to the era of China as the world’s factory. The share of workforce in agriculture also steadily decreased in China until 2021, while the agricultural gross production value displayed continuous growth, amounting to approximately 7.8 trillion yuan in 2021.

Development of the service sector

Since 2011, the largest share of China’s labor force has been employed in the service sector. However, compared with developed countries, such as Japan or the United States, where 73 and 79 percent of the work force were active in services in 2021 respectively, the proportion of people working in the tertiary sector in China has been relatively low. The Chinese government aims to continue economic reform by moving from an emphasis on investment to consumption, among other measures. This might lead to a stronger service economy. Meanwhile, the size of the urban middle class in China is growing steadily. A growing number of affluent middle class consumers could promote consumption and help China move towards a balanced economy.

China Manufacturing: Cost of Sales: Year to Date data was reported at 58,002.580 RMB bn in Sep 2018. This records an increase from the previous number of 51,784.900 RMB bn for Aug 2018. China Manufacturing: Cost of Sales: Year to Date data is updated monthly, averaging 42,510.490 RMB bn from Dec 2016 (Median) to Sep 2018, with 22 observations. The data reached an all-time high of 89,068.330 RMB bn in Dec 2017 and a record low of 11,831.650 RMB bn in Feb 2018. China Manufacturing: Cost of Sales: Year to Date data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Industrial Sector – Table CN.MFG: Manufacturing.

Capacity Utilization in China increased to 75.10 percent in the third quarter of 2024 from 74.90 percent in the second quarter of 2024. This dataset provides - China Capacity Utilization- actual values, historical data, forecast, chart, statistics, economic calendar and news.