Report: China's manufacturing sector reaches second global tier

China's manufacturing power index has reached the same level as Germany and Japan, placing China in the second tier of global manufacturing powers, according to the 2025 China Manufacturing Power Development Index Report, released in Beijing on Tuesday.

The report is compiled annually by the Strategic Consulting Center of the Chinese Academy of Engineering (CAE) and other agencies and has been released every year since 2015.

In 2024, China's manufacturing sector advanced steadily under pressure, moving toward innovation and increasing in quality. The report shows that the added value of Chinese manufacturing accounted for 27.71 percent of the world's total in 2024, maintaining the leading global position it has held since becoming the world's largest manufacturing economy in 2010.

China's manufacturing sector has consolidated its scale and upgraded across multiple dimensions, including quality, innovation and green development, with its industrial structure accelerating the shift toward a high-end, intelligent and green orientation.

China has built the world's largest clean-coal power system and the world's largest and most advanced ultra-high-voltage (UHV) alternating current (AC) and direct current (DC) power grid. New energy equipment, as well as energy-saving and energy-storage equipment, are experiencing rapid growth, noted Lyu Junfu, an academician of the CAE.

Building on the advantages of large-scale development, China will advance the coordinated, comprehensive improvement of quality and efficiency, as well as structural optimization, innovative development, and sustainable development capacity, the report said.