Putting China Into Perspective
By Shlomo Maital
Writing in The Atlantic (August issue), Matt Schiavenza (“China’s Dominance in Manufacturing – in One Chart) helps us put China’s massive industrial capacity into perspective. In just over 3 decades after launching free-market reforms, China massively dominates global manufacturing. Here are a few of the numbers:
● China makes 320 m. PC’s every year, 91% of world output!
● China makes 109 m. air conditioners (80% of world output), 320 m. energy-saving lamps (also 80% world market share), 21.8 gigawatts of solar cell production capacity (74% of global market),
● 1.1 b. cell phones, (71%), 12.6 b. pairs of shoes (nearly two pairs for every human being alive on the planet, or 63 % of world output),
● 1.8 b. tons of cement (60% of world output), 51.5 m. tons of pork (half of world output), 1.8 b. tons of coal (half again), and 77 m. metric tons of shipbuilding capacity (also half).
So in virtually all the world’s key manufacturing areas, China produces at least half of world output. And now, China is designing a new jet liner, to be created and produced in China, to compete with Boeing and Airbus.
Rising wages are pricing China out of manufacturing? Don’t hold your breath, Schiavenza counsels. China has many advantages still, and in addition, a huge domestic market, that can replace any export demand that flags.
3 comments
Comments feed for this article
November 18, 2013 at 5:31 pm
sandeepbhuyan
These numbers show China’s strength. This real manufacturing of goods is going to make China number 1 economy in few years. But as I as speaking to some of my class mates, they were worried about the negative consequences on the environment itself. I hope China is doing something for that.
November 18, 2013 at 9:27 pm
Bernardo Javalquinto
They also
80 subways are constructed simultaneously
Daily in China are built 2291 meters square .
They receive $100 million foreign investment to date .
The Chinese economy grew by an average of 9 % a year since 1979 to date.
2003 consumed 40% of the worldwide cement, steel 27%, 25% and 7% aluminum oil .
According to a study by Ernst & Young , of the top 200 U.S. corporations , 57 % consider investing in China. Only 13 % in Mexico , despite NAFTA .
The entry of Chinese products to the United States has increased by 11 since 2002. According to the WTO , next year would have 56% of the American market.
China has the largest army in the world : 2.5 million soldiers.
The 95 % of the population is agnostic.
Between 85 and 95 , invested 18 billion dollars in projects to combat land degradation and environmental pollution .
China has 16 of the 20 most polluting cities in the world.
Despite measures to control population growth , each year 14 million Chinese born .
Each year there are 10 million marriages, which together spend about 25,000 million euros in that great day.For one day consume :
10 million liters of oil.
750 million kilos of grain.
60 million kilos of pork.
60 000 televisions .
120 000 watches .
4.501 million cigars.
They are the largest producers and consumers of cell phones in the world .
50% of digital cameras that are used in the world are produced in China.
Annually they drink 14 billion liters of beer.
November 18, 2013 at 9:36 pm
bjaval
Reblogged this on bjavalquinto and commented:
brillant….who can compete with them