Robots and high technology that are transforming China
According to most indicators, China’s manufacturing sector is the largest in the world and has grown faster than that of any other major economy in the past 25 years. The manufacturing sector has generated a total of about 5 trillion dollars in value added; and in 2024 it employed about 70 million workers in manufacturing enterprises above a certain size. China’s share in the global manufacturing industry has experienced strong increases: it went from 6% in 2000 to 26% in 2015; and, despite the ups and downs of some years, it approached 30% in 2024.