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  • Beijing Review

    Industrial Prowess

    Jun 30, 2022 4 minutes
    By Wang Jun
    Copyedited by G.P. Wilson

    ‘Since the 18th National Congress of the Communist Party of China in 2012, the industry and information technology sector has achieved remarkable growth, with the industrial system and the industrial chain becoming more complete, and the overall strength, quality, innovation capacity, competitiveness and risk-resistance capability being significantly improved,” Xin Guobin, Vice Minister of Industry and Information Technology, said at a press conference on June 14.

    From 2012 to 2021, the country’s industrial value-added output, an important economic indicator, grew from 20.9 trillion yuan ($3.11 trillion) to 37.3 trillion yuan ($5.56 trillion); the resilience and competitiveness of industrial and supply chains have improved; the

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