Actual value and historical data chart for China Manufacturing Value Added Percent Of GDP

China accounted for the majority of the world's manufacturing capacity across nearly every major cleantech segment in 2024. The Asian country is particularly well placed in the solar PV sector, having accounted for more than ** percent of global PV wafer, and PV polysilicon manufacturing capacity in 2024.

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 October 2025, the Purchasing Leader Index (PLI) in China resided at about ** percent. An indicator of the economic health of the manufacturing sector, the PLI is based on five major indicators: new orders, inventory levels, production, supplier deliveries, and the employment environment. An index value above 50 percent indicates a positive development in the industrial sector, whereas a value below 50 percent indicates a negative situation. The PLI as a major economic indicator The Purchasing Leader Index was first introduced by the US-based Institute of Supply Management in 1948. It has become one of the most widely used and closely watched indicators of business activities worldwide. The PLI is not only an apt indicator for manufacturing growth, it also supports interest rate decisions of central bank institutions. PLI figures around the globe were dominated by the COVID-19 pandemic in 2020. In the Euro area, the PLI recovered from a considerable drop in April 2020, regaining pre-crisis level in June. In the United States, the monthly PLI indicated an even better improvement from low values in April and March. Recent PLI development in China As is shown in the graph at hand, the PLI of China as the world’s second-largest economy dropped considerably in February 2020 due to the coronavirus pandemic. In March, the index indicated a striking rebound and ranged at a level slightly above 50 index points afterwards. During 2021, the index was characterized by a slightly downward trend. In 2022, the index displayed an unstable development with two significant dips in April and December, finally concluding with a strong rebound in January 2023. The non-manufacturing PLI in China displayed a similar development.

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.

In 2022, China's share of the global semiconductor manufacturing capacity amounted to ***** percent. In a global comparison, the U.S. has ** percent of the global production capacity. As a result, China heavily relies on imports to satisfy its semiconductor demands.

Digital development of China’s manufacturing industry.

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.

In 2024, the gross domestic product (GDP) of China amounted to around 18.7 trillion U.S. dollars. In comparison to the GDP of the other BRIC countries India, Russia and Brazil, China came first that year and second in the world GDP ranking. The stagnation of China's GDP in U.S. dollar terms in 2022 and 2023 was mainly due to the appreciation of the U.S. dollar. China's real GDP growth was 5.4 percent in 2023 and 5.0 percent in 2024. In 2024, per capita GDP in China reached around 13,300 U.S. dollars. Economic performance in China Gross domestic product (GDP) is a primary economic indicator. It measures the total value of all goods and services produced in an economy over a certain time period. China's economy used to grow quickly in the past, but the growth rate of China’s real GDP gradually slowed down in recent years, and year-on-year GDP growth is forecasted to range at only around four percent in the years after 2024. Since 2010, China has been the world’s second-largest economy, surpassing Japan.China’s emergence in the world’s economy has a lot to do with its status as the ‘world’s factory’. Since 2013, China is the largest export country in the world. Some argue that it is partly due to the undervalued Chinese currency. The Big Mac Index, a simplified and informal way to measure the purchasing power parity between different currencies, indicates that the Chinese currency yuan was roughly undervalued by 38 percent in 2024. GDP development Although the impressive economic development in China has led millions of people out of poverty, China is still not in the league of industrialized countries on the per capita basis. To name one example, the U.S. per capita economic output was more than six times as large as in China in 2024. Meanwhile, the Chinese society faces increased income disparities. The Gini coefficient of China, a widely used indicator of economic inequality, has been larger than 0.45 over the last decade, whereas 0.40 is the warning level for social unrest.

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.

In 2024, China accounted for **** percent of the global clothing export value. China remained the world's largest apparel exporting country that year. The world’s factory China was considered the world’s factory for decades, especially for the production of machinery and industrial products. Each year, over ************** U.S. dollars worth of goods were shipped from China to the rest of the world. As the world’s largest merchandise exporter, China accounted for more than **** percent of global goods exports in 2023. Furthermore, China was the origin of around ** percent of the world’s apparel exports, similar to all 28 EU counties combined. China’s apparel export industry benefited from its cheap labor costs and the lowering of the trade barrier. However, China’s apparel exports faced many uncertainties in recent years, resulting from increasing production costs and fierce global competition. Amid the pandemic The outbreak of coronavirus brought negative effects to China’s apparel exports in 2020. The international demand of clothing plunged due to the ongoing lockdown. In 2020, China’s export value of garments and accessories was worth ***** billion U.S. dollars, representing an *** percent loss compared to the previous year.

Abstract

This research was carried out in China between December 2011 and February 2013. Data was collected from 2,700 privately-owned and 148 state-owned firms.

The objective of Enterprise Surveys is to obtain feedback from businesses on the state of the private sector as well as to help in building a panel of enterprise data that will make it possible to track changes in the business environment over time, thus allowing, for example, impact assessments of reforms. Through interviews with firms in the manufacturing and services sectors, the survey assesses the constraints to private sector growth and creates statistically significant business environment indicators that are comparable across countries.

Usually Enterprise Surveys focus only on private companies, but in China, a special sample of fully state-owned establishments was included as this is an important part of the economy. Data on 148 state-owned enterprises is provided separately from the data of 2,700 private sector firms. To maintain comparability of the China Enterprise Surveys to surveys conducted in other countries, only the dataset of privately sector firms should be used.

Geographic coverage

Twenty-five metro areas: Beijing (municipalities), Chengdu City, Dalian City, Dongguan City, Foshan City, Guangzhou City, Hangzhou City, Hefei City, Jinan City, Luoyang City, Nanjing City, Nantong City, Ningbo City, Qingdao City, Shanghai (municipalities), Shenyang City, Shenzhen City, Shijiazhuang City, Suzhou City, Tangshan City, Wenzhou City, Wuhan City, Wuxi City, Yantai City, Zhengzhou City.

Analysis unit

The primary sampling unit of the study is an establishment.The establishment is a physical location where business is carried out and where industrial operations take place or services are provided. A firm may be composed of one or more establishments. For example, a brewery may have several bottling plants and several establishments for distribution. For the purposes of this survey an establishment must make its own financial decisions and have its own financial statements separate from those of the firm. An establishment must also have its own management and control over its payroll.

Universe

The whole population, or universe of the study, is the non-agricultural economy of firms with at least 5 employees and positive amounts of private ownership. The non-agricultural economy comprises: all manufacturing sectors according to the group classification of ISIC Revision 3.1: (group D), construction sector (group F), services sector (groups G and H), and transport, storage, and communications sector (group I). Note that this definition excludes the following sectors: financial intermediation (group J), real estate and renting activities (group K, except sub-sector 72, IT, which was added to the population under study), and all public or utilities sectors.

Kind of data

Sample survey data [ssd]

Sampling procedure

The sample for China ES was selected using stratified random sampling. Three levels of stratification were used in this country: industry, establishment size, and region.

Industry stratification was designed in the following way: the universe was stratified into 11 manufacturing industries and 7 services industries as defined in the sampling manual. Each manufacturing industry had a target of 150 interviews. Sample sizes were inflated by about 20% to account for potential non-response cases when requesting sensitive financial data and also because of likely attrition in future surveys that would affect the construction of a panel. Note that 100% government owned firms are categorized independently of their industrial classification. The 148 surveyed state-owned enterprises were categorized as a separate sector group to preserve the representativeness of other sector groupings for the private economy.

Size stratification was defined following the standardized definition for the rollout: small (5 to 19 employees), medium (20 to 99 employees), and large (more than 99 employees). For stratification purposes, the number of employees was defined on the basis of reported permanent full-time workers. This seems to be an appropriate definition of the labor force since seasonal/casual/part-time employment is not a common practice, except in the sectors of construction and agriculture.

Regional stratification was defined in twenty-five metro areas: Beijing (municipalities), Chengdu City, Dalian City, Dongguan City, Foshan City, Guangzhou City, Hangzhou City, Hefei City, Jinan City, Luoyang City, Nanjing City, Nantong City, Ningbo City, Qingdao City, Shanghai (municipalities), Shenyang City, Shenzhen City, Shijiazhuang City, Suzhou City, Tangshan City, Wenzhou City, Wuhan City, Wuxi City, Yantai City, Zhengzhou City.

The sample frame was obtained by SunFaith from SinoTrust.

The enumerated establishments were then used as the frame for the selection of a sample with the aim of obtaining interviews at 3,000 establishments with five or more employees. The quality of the frame was assessed at the onset of the project through calls to a random subset of firms and local contractor knowledge. The sample frame was not immune from the typical problems found in establishment surveys: positive rates of non-eligibility, repetition, non-existent units, etc.

Given the impact that non-eligible units included in the sample universe may have on the results, adjustments are needed when computing the appropriate weights for individual observations. The percentage of confirmed non-eligible units as a proportion of the total number of sampled establishments contacted for the survey was 31% (6,485 out of 20,616 establishments).

Mode of data collection

Face-to-face [f2f]

Research instrument

The following survey instruments are available: - Services Questionnaire, - Manufacturing Questionnaire, - Screener Questionnaire.

The Services Questionnaire is administered to the establishments in the services sector. The Manufacturing Questionnaire is built upon the Services Questionnaire and adds specific questions relevant to manufacturing.

The standard Enterprise Survey topics include firm characteristics, gender participation, access to finance, annual sales, costs of inputs/labor, workforce composition, bribery, licensing, infrastructure, trade, crime, competition, capacity utilization, land and permits, taxation, informality, business-government relations, innovation and technology, and performance measures. Over 90% of the questions objectively ascertain characteristics of a country’s business environment. The remaining questions assess the survey respondents’ opinions on what are the obstacles to firm growth and performance.

Cleaning operations

Data entry and quality controls are implemented by the contractor and data is delivered to the World Bank in batches (typically 10%, 50% and 100%). These data deliveries are checked for logical consistency, out of range values, skip patterns, and duplicate entries. Problems are flagged by the World Bank and corrected by the implementing contractor through data checks, callbacks, and revisiting establishments.

Response rate

The number of contacted establishments per realized interview was 7.24. This number is the result of two factors: explicit refusals to participate in the survey, as reflected by the rate of rejection (which includes rejections of the screener and the main survey) and the quality of the sample frame, as represented by the presence of ineligible units. The number of rejections per contact was 0.55.

Item non-response was addressed by two strategies: a- For sensitive questions that may generate negative reactions from the respondent, such as corruption or tax evasion, enumerators were instructed to collect the refusal to respond as a different option from don’t know. b- Establishments with incomplete information were re-contacted in order to complete this information, whenever necessary.

Survey non-response was addressed by maximizing efforts to contact establishments that were initially selected for interview. Attempts were made to contact the establishment for interview at different times/days of the week before a replacement establishment (with similar strata characteristics) was suggested for interview. Survey non-response did occur but substitutions were made in order to potentially achieve strata-specific goals.

China GDP: % of Manufacturing: Medium and High Tech Industry data was reported at 41.451 % in 2019. This stayed constant from the previous number of 41.451 % for 2018. China GDP: % of Manufacturing: Medium and High Tech Industry data is updated yearly, averaging 41.451 % from Dec 1990 (Median) to 2019, with 30 observations. The data reached an all-time high of 43.881 % in 2002 and a record low of 35.226 % in 1993. China GDP: % of Manufacturing: Medium and High Tech Industry data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s China – Table CN.World Bank.WDI: Gross Domestic Product: Share of GDP. The proportion of medium and high-tech industry value added in total value added of manufacturing; ; United Nations Industrial Development Organization (UNIDO), Competitive Industrial Performance (CIP) database; ;

The graph shows China's share in global gross domestic product adjusted for purchasing-power-parity until 2024, with a forecast until 2030. In 2024, China's share was about 19.3 percent. China's global GDP share Due to the introduction of capitalist market principles in 1978, China's economic market began to show immense change and growth. China's real GDP growth ranged at 5.0 percent in 2024. China's per capita GDP is also expected to continue to grow, reaching 13,300 U.S. dollars in 2024. Comparatively, Luxembourg and Switzerland have some of the world’s largest GDP per capita with 141,100 U.S. dollars and 111,700 U.S. dollars, respectively, expected for 2025.China is the largest exporter and second largest importer of goods in the world and is also among the largest manufacturing economies. The country also ranges among the world's largest agricultural producers and consumers. It relies heavily on intensive agricultural practices and is the world's largest producer of pigs, chickens, and eggs. Livestock production has been heavily emphasized since the mid-1970s. China’s chemical industry has also seen growth with a heavy focus on fertilizers, plastics, and synthetic fibers. China's use of chemical fertilizers amounted to approximately 50.2 million metric tons in 2023. GDP composition in China Industry and construction account for less than 40 percent of China's GDP. Some of the major industries include mining and ore processing, food processing, coal, machinery, textiles and apparel, and consumer products. Almost half of China's output is dedicated to investment purposes. However, as the country tends to support gross output, innovation, technological advancement, and even quality are often lacking.

Manufacturing PMI: Headline: sa: China data was reported at 50.400 NA in Apr 2025. This records a decrease from the previous number of 51.200 NA for Mar 2025. Manufacturing PMI: Headline: sa: China data is updated monthly, averaging 50.450 NA from May 2022 (Median) to Apr 2025, with 36 observations. The data reached an all-time high of 51.800 NA in Jun 2024 and a record low of 48.100 NA in Sep 2022. Manufacturing PMI: Headline: sa: China data remains active status in CEIC and is reported by S&P Global. The data is categorized under World Trend Plus’s S&P Global Purchasing Managers' Index: Headline – Table CN.OTC: Manufacturing PMI Headline. [COVID-19-IMPACT]

In 2024, China exported approximately 3.58 trillion U.S. dollars worth of goods. This indicated an increase in export value of about 5.9 percent compared to the previous year. Export of goods from ChinaChina’s exports have been growing steadily over the past decade, with the exception of 2009 when financial crisis and global economic downturn slowed down global trade and 2016 witnessing another decrease in global demand. Apart from being the most populous country, China has also become the largest manufacturing economy and the largest exporter in the world. ASEAN, European Union, and United States were China's leading export partners in 2023. Machinery such as computers, broadcasting technology, and telephones as well as transport equipment make up the largest part of Chinese exports. This category amounted to approximately 1.65 trillion U.S. dollars in export value in 2023. When it comes to primary goods, food and live animals used for food are the main export products.

In 2024, the European Union countries imported approximately **** percent of the Chinese export volume. In that year, ASEAN was the largest Chinese merchandise importer. Distribution of Chinese exports In 2024, China exported goods with a total value of around **** trillion yuan and imported goods with a value of **** trillion yuan. That year, China ranked second among the countries with the largest gross domestic product, following the United States.China’s economic prosperity has been closely related to its status as the world’s factory. For about a decade between 2005 and 2015, exports contributed more than ** percent to China’s gross domestic product. However, the share of exports to GDP contribution is currently on the decline. Nonetheless, China maintains a trade surplus of about *** billion U.S. dollars and remains first among countries with the highest trade surplus worldwide as of 2023. While China displays high growth potential for service exports such as tourism, transportation, banking and financial services, as well as insurance and education services, the main focus of China’s export industry remains merchandise. In 2022, Chinese merchandise exports made up **** percent of all global exports, whereas service based exports contributed only *** percent.In terms of most exported merchandise categories, food and live animals used for food were the main primary goods. Among the manufactured goods, automatic data processing machines, integrated circuits, clothing, textiles, and smartphones were the categories with the highest export value in China in 2024.

China GDP: Year to Date: SI: Industry: Manufacturing data was reported at 8,211.440 RMB bn in Mar 2025. This records a decrease from the previous number of 33,550.683 RMB bn for Dec 2024. China GDP: Year to Date: SI: Industry: Manufacturing data is updated quarterly, averaging 15,675.130 RMB bn from Mar 2015 (Median) to Mar 2025, with 41 observations. The data reached an all-time high of 33,550.683 RMB bn in Dec 2024 and a record low of 4,506.660 RMB bn in Mar 2015. China GDP: Year to Date: SI: Industry: Manufacturing data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s National Accounts – Table CN.AA: Gross Domestic Product: Quarterly.

According to a median projection in October 2025, China's GDP was expected to grow by *** percent in 2025. In the first quarter of 2020, the second-largest economy recorded the first contraction in decades due to the epidemic.  A root-to-branch shutdown of factories To curb the spread of the virus, the Chinese government imposed a lockdown in Wuhan, the epicenter, and other cities in Hubei province on January 23, 2020. A strict nationwide lockdown soon followed. Many factories remained closed in February, resulting in a plunge in manufacturing Purchasing Managers' Index (PMI). The shutdown of the “world’s factory” had severely disrupted global supply chains, especially automobile production. In March 2020, very few industrial sectors reported positive production growth.  The pharmaceuticals sector recorded a production increase, which was mainly driven by the global demand for vital medical supplies. China had exported over seven billion yuan worth of face masks. Ripple effects on global tourism Apart from the manufacturing industry, the prolonged closures of business had caused significant losses in various sectors in China. The travel and tourism sector was massively affected by a drastic decline in flight ticket sales  and hotel occupancy rates. The domestic tourism market expects a loss of 20 percent in revenues for 2020. Industry experts predicted that the global travel and tourism industry could lose about *** trillion U.S. dollars in that year. 

In August 2025, approximately *** billion meters of clothing fabric were produced in China. In the previous year, China produced more than ** billion meters of clothing fabric in total. Domestic clothing industry in China Being a major part of the textile industry, clothing manufacturing with its labor-intensive production processes traditionally plays an important role in national employment. Over the past decades, production presence of the apparel industry has diminished in developed countries as companies have adopted a practice of outsourcing their manufacturing needs to low wage economies. Currently, clothing is one of the most globalized sectors worldwide, serving as a large source of employment in developing countries. China’s recent growth momentum is tightly linked to massive local engagement of the international clothing industry. Due to comparably low labor costs, reduced commercial barriers and better information flows, China still presents one of the most attractive destinations for clothing manufacturing. In 2024, approximately ***** billion units of apparel had been produced in China.International trade International trade figures further emphasize China’s current position as the world’s largest textile-exporting country. In 2022, China accounted for over **** percent of the world textile exports, followed by the European Union and India. Despite a stable growth of China’s clothing industry, several challenges for the sector have emerged on the horizon. Rising labor costs and increasingly strict environmental policies are among the most prominent issues for Chinese clothing companies. In order to cope with the changes, an increasing number of Chinese textile enterprises have turned their focus to upgrading their industrial infrastructure and modernizing their production processes.