Economy of China - Revision history

Hexatron93: /* Steel industry */

2023-11-03T07:51:05Z

Steel industry

← Older revision		Revision as of 13:21, 3 November 2023
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	The predominant focus of development in the [[chemical industry]] is to expand the output of chemical [[fertilizer]]s, [[plastics]], and [[synthetic fiber]]s. The growth of this industry has placed China among the world's leading producers of [[nitrogenous]] fertilizers. In the [[consumer goods]] sector the main emphasis is on textiles and [[clothing]], which also form an important part of China's exports. Textile manufacturing, a rapidly growing proportion of which consists of synthetics, account for about ten percent of the gross industrial output and continues to be important, but less so than before. The industry tends to be scattered throughout the country, but there are a number of important [[textile industry in China\|textile centers]], including [[Shanghai]], [[Guangzhou]], and [[Harbin]].<ref>{{cite web \|url=http://www.allcountries.org/china_statistics/14_19_output_of_major_industrial_products.html \|title=14–19: Output of Major Industrial Products \|publisher=Allcountries.org \|date=26 April 2006 \|access-date=28 February 2012 \|archive-url=https://web.archive.org/web/20120211212156/http://www.allcountries.org/china_statistics/14_19_output_of_major_industrial_products.html \|archive-date=11 February 2012 \|url-status=live }}</ref><ref name="SHGDPKG">[http://www.china.org.cn/english/2003/Feb/54962.htm Shanghai's GDP Keeps Growing] {{Webarchive\|url=https://web.archive.org/web/20050830103443/http://www.china.org.cn/english/2003/Feb/54962.htm \|date=30 August 2005 }} Xinhua News Agency 1{{spaces}}February 2003.</ref> There is a [[Growing consumer culture of China\|growing consumer culture in China]].		The predominant focus of development in the [[chemical industry]] is to expand the output of chemical [[fertilizer]]s, [[plastics]], and [[synthetic fiber]]s. The growth of this industry has placed China among the world's leading producers of [[nitrogenous]] fertilizers. In the [[consumer goods]] sector the main emphasis is on textiles and [[clothing]], which also form an important part of China's exports. Textile manufacturing, a rapidly growing proportion of which consists of synthetics, account for about ten percent of the gross industrial output and continues to be important, but less so than before. The industry tends to be scattered throughout the country, but there are a number of important [[textile industry in China\|textile centers]], including [[Shanghai]], [[Guangzhou]], and [[Harbin]].<ref>{{cite web \|url=http://www.allcountries.org/china_statistics/14_19_output_of_major_industrial_products.html \|title=14–19: Output of Major Industrial Products \|publisher=Allcountries.org \|date=26 April 2006 \|access-date=28 February 2012 \|archive-url=https://web.archive.org/web/20120211212156/http://www.allcountries.org/china_statistics/14_19_output_of_major_industrial_products.html \|archive-date=11 February 2012 \|url-status=live }}</ref><ref name="SHGDPKG">[http://www.china.org.cn/english/2003/Feb/54962.htm Shanghai's GDP Keeps Growing] {{Webarchive\|url=https://web.archive.org/web/20050830103443/http://www.china.org.cn/english/2003/Feb/54962.htm \|date=30 August 2005 }} Xinhua News Agency 1{{spaces}}February 2003.</ref> There is a [[Growing consumer culture of China\|growing consumer culture in China]].

			====Electronics Manufacturing Services(EMS) industry====

			Virtually all products such as CCTV cameras, automation, access control, entertainment apparatus, PA systems for sound technologies and IT hardware are exported from China. Although certain goods also come from Europe or the US, the raw material required by these manufacturers is mainly sourced from China<ref>https://timesofindia.indiatimes.com/city/mumbai/mumbai-lamington-road-market-sweats-over-deleting-its-dependence-on-china/articleshow/76792345.cms</ref>

			China is home to more than half of the world’s manufacturing capacity for electronics, estimates Henry Yeung of the National University of Singapore.More than half of the world’s mobile phones are made in China, along with almost all of the printed circuit boards, the guts of any device. Chinese factories install two-fifths of the world’s semiconductors. Of the production facilities operated by Apple’s top 200 suppliers, 357 are in China. Just 63 are in America.<ref>https://www.economist.com/business/2018/10/11/chinas-grip-on-electronics-manufacturing-will-be-hard-to-break</ref>

			The SEG Electronics Market (pictured) and similar places in the Huaqiangbei district of Shenzhen, a fast-growing city in southern China, an hour’s drive north of Hong Kong, have been described as sweet shops for hardware geeks. But they are better understood as showcases and sales offices for the thousands of factories in the city’s hinterland and elsewhere in China.<ref>https://www.economist.com/business/2018/10/11/chinas-grip-on-electronics-manufacturing-will-be-hard-to-break</ref>

	====Steel industry====		====Steel industry====

Hexatron93: /* Electric vehicle industry */

2023-11-03T07:41:21Z

Electric vehicle industry

← Older revision		Revision as of 13:11, 3 November 2023
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	Plug-in electric vehicle (BEV and PHEV) sales was 15% of the overall automotive sales in China in 2021.<ref>{{cite web \| url=https://cleantechnica.com/2022/01/22/plugin-electric-vehicles-get-21-share-of-auto-market-in-another-record-month-in-china/ \| title=Plugin Electric Vehicles Get 21% Share of Auto Market in Another Record Month in China \| date=22 January 2022 }}</ref> NEV adoption rapidly increased to a record 28% in March 2022, and according to BYD chairman Wang Chuanfu could reach 35% by end of 2022, exceeding the government goal of 20% by 2025.<ref>{{cite web \| url=http://www.aastocks.com/en/stocks/news/aafn-news/NOW.1172328/2 \| title=No related news }}</ref> The plug-in market in China was dominated by Chinese companies, with [[BYD Auto]] and [[SAIC Motor]] occupying the top two spots, and 5 out of the top 7 spots.<ref>{{cite web \| url=https://insideevs.com/news/563375/china-plugin-car-sales-december2021/ \| title=China Sets Massive Record: 500,000 Plug-In Cars Sold in December 2021 }}</ref>		Plug-in electric vehicle (BEV and PHEV) sales was 15% of the overall automotive sales in China in 2021.<ref>{{cite web \| url=https://cleantechnica.com/2022/01/22/plugin-electric-vehicles-get-21-share-of-auto-market-in-another-record-month-in-china/ \| title=Plugin Electric Vehicles Get 21% Share of Auto Market in Another Record Month in China \| date=22 January 2022 }}</ref> NEV adoption rapidly increased to a record 28% in March 2022, and according to BYD chairman Wang Chuanfu could reach 35% by end of 2022, exceeding the government goal of 20% by 2025.<ref>{{cite web \| url=http://www.aastocks.com/en/stocks/news/aafn-news/NOW.1172328/2 \| title=No related news }}</ref> The plug-in market in China was dominated by Chinese companies, with [[BYD Auto]] and [[SAIC Motor]] occupying the top two spots, and 5 out of the top 7 spots.<ref>{{cite web \| url=https://insideevs.com/news/563375/china-plugin-car-sales-december2021/ \| title=China Sets Massive Record: 500,000 Plug-In Cars Sold in December 2021 }}</ref>

			====Battery industry====

	The battery industry is closely related to the EV industry as batteries constitute around 1/3 of the cost of EVs<ref>{{cite web \| url=https://asia.nikkei.com/Business/Materials/Japan-battery-material-producers-lose-spark-as-China-races-ahead2#selection-2549.353-2557.282 \| title=Japan battery material producers lose spark as China races ahead }}</ref> and around 80% of lithium-ion batteries in the world are used in EVs.<ref>{{cite news \| url=https://www.woodmac.com/press-releases/global-lithium-ion-battery-capacity-to-rise-five-fold-by-2030/ \| title=Global lithium-ion battery capacity to rise five-fold by 2030 \| date=22 March 2022 }}</ref> The industry also has significant Chinese presence, with major players including world's largest [[CATL]], [[BYD Company\|BYD]], CALB, Gotion, SVOLT and WeLion.<ref>{{cite web \| url=https://www.electrive.com/2022/02/08/catl-outgrows-the-battery-competition/ \| title=CATL outgrows the battery competition \| date=8 February 2022 }}</ref>		The battery industry is closely related to the EV industry as batteries constitute around 1/3 of the cost of EVs<ref>{{cite web \| url=https://asia.nikkei.com/Business/Materials/Japan-battery-material-producers-lose-spark-as-China-races-ahead2#selection-2549.353-2557.282 \| title=Japan battery material producers lose spark as China races ahead }}</ref> and around 80% of lithium-ion batteries in the world are used in EVs.<ref>{{cite news \| url=https://www.woodmac.com/press-releases/global-lithium-ion-battery-capacity-to-rise-five-fold-by-2030/ \| title=Global lithium-ion battery capacity to rise five-fold by 2030 \| date=22 March 2022 }}</ref> The industry also has significant Chinese presence, with major players including world's largest [[CATL]], [[BYD Company\|BYD]], CALB, Gotion, SVOLT and WeLion.<ref>{{cite web \| url=https://www.electrive.com/2022/02/08/catl-outgrows-the-battery-competition/ \| title=CATL outgrows the battery competition \| date=8 February 2022 }}</ref>

Hexatron93: Created page with "{{Short description|Economy of the People's Republic of China}} {{about|the economy of the People's Republic of China|the economy of the Republic of China|Economy of Taiwan|other uses}} {{use American English|date=August 2019}} {{Use dmy dates|date=October 2021}} {{very long|date=June 2023}}{{Infobox economy | country = China | image = Shanghai skyline 2018(cropped).jpg | caption = Shanghai, the financial center of China | currency = Renminbi (CNY, Yen and yuan..."

2023-11-03T07:38:13Z

Created page with "{{Short description|Economy of the People's Republic of China}} {{about|the economy of the People's Republic of China|the economy of the Republic of China|Economy of Taiwan|other uses}} {{use American English|date=August 2019}} {{Use dmy dates|date=October 2021}} {{very long|date=June 2023}}{{Infobox economy | country = China | image = Shanghai skyline 2018(cropped).jpg | caption = Shanghai, the financial center of China | currency = Renminbi (CNY, Yen and yuan..."

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