China Emerges as Leading Global Manufacturing Power by 2025
Between 2005 and 2025, China has emerged as the world's largest manufacturing power, surpassing traditional industrial leaders like the U.S. and the European Union. According to data from the Bureau of Economic Analysis and the World Bank, China's share of global manufacturing value added increased from 9% in 2005 to 27% in 2025. This growth is attributed to China's liberalization policies, accession to the World Trade Organization, and a large, low-cost workforce. Meanwhile, the U.S. and EU saw their combined share decline from nearly half of global manufacturing in 2005 to 34% in 2025.