https://j.people.com.cn/n3/2026/0511/c95952-20454821.html
The Information Technology and Innovation Foundation (ITIF), a prominent US think tank in the field of science and technology policy, has released a report stating that China holds a leading position in global advanced industries. Of the 10 major advanced industries tracked by the report, China’s total production value already approaches a quarter of the global total, and it leads the world in seven of these sectors.
The report compiles global trade data and analyzes the global production value share of each country in 10 major advanced industries:
- information technology and services,
- computers and electronic products,
- chemical products,
- machinery and equipment,
- base metals, automobiles,
- metal products,
- pharmaceuticals,
- electrical equipment, and
- other transportation equipment.
As of 2022, the total production value of these industries accounted for approximately 11.6% of the global economy.
According to the report, since 1995, China’s share of the production value of the 10 major advanced industries has surged from 3.5% to 24.9%. While China’s average growth rate in production value across all industries reached 2200%, the US’s was only 200%. Since 2018, China’s advanced industry production value has increased by more than 26%, significantly exceeding the global average of 15.6%.
Currently, the US leads in only three sectors: information technology and services, pharmaceuticals, and other transportation equipment. In 2022, their global production value shares were 36.1%, 28.6%, and 37.6%, respectively. Meanwhile, China leads in the remaining seven sectors, particularly in machinery and equipment, where its share exceeds 33%, and in basic metals and electrical equipment, both reaching approximately 40%.
The report analyzes that global advanced industries are shifting to developing countries. Between 1995 and 2022, the share of OECD member countries in global advanced industry production value fell by 28 percentage points, from 86% to 58%, primarily due to China’s expanding share. Even excluding China, the share of non-OECD countries increased by 7 percentage points.
According to the report, China has already become a global leader in some advanced industries, posing a direct challenge to the United States and its Western allies.