Forecast: Contribution to GDP of Manufacturing in China

In 2023, manufacturing contributed approximately 25.5% to China's GDP. The forecasted data from 2024 to 2028 shows a declining trend in this contribution. In 2024, the contribution is expected to be at 25.11%, gradually decreasing to 23.8% by 2028. This consistent downward trajectory reflects an average annual decline (CAGR) over the period of nearly 1.1%.

Future trends to watch for include:

  • The impact of industrial automation and technology advances on manufacturing efficiency.
  • Government policies directed towards innovation in high-tech manufacturing sectors.
  • Global economic shifts and their influence on Chinese export markets.

Top Countries about Manufacturing