1. Agriculture — Still #1 Employer
~40–50% of workforce (down from 60%+ in 2000). Dominant crops: rice (China, India, Indonesia, Bangladesh, Vietnam), wheat (China, India, Pakistan), maize, soybeans, vegetables, tea, rubber, palm oil. Smallholder farms prevail.
2. Manufacturing — "Factory of the World"
- China: Electronics, textiles, machinery, automotive, steel — global supply chain hub
- India: Pharmaceuticals, textiles, automotive, IT hardware
- Vietnam/Bangladesh: Textiles, footwear, electronics assembly
- Japan/South Korea/Taiwan: High-tech: semiconductors, robotics, precision machinery
- ASEAN: Increasingly integrated production networks
3. Services — Fastest Growing
- Finance/FinTech: Singapore, Hong Kong, Shanghai, Tokyo, Mumbai, Bangalore
- IT/BPO: India (global leader), Philippines, Vietnam, China
- Tourism: Thailand, Bali, Japan, Maldives, Vietnam — pre-COVID 350M+ arrivals
- Retail/E-commerce: Alibaba, JD.com, Shopee, Tokopedia, Flipkart
- Healthcare/Education: Expanding with middle class
4. Construction — Urbanization Engine
Asia adds ~44M urban residents/year. Mega-projects: China's belt/road, India's smart cities, SE Asian transit, Gulf (Asian labor). Employs millions, many migrant/informal.
5. Mining & Resources
- Coal: China #1, India, Indonesia
- Iron ore: China, India, Mongolia
- Rare earths: China (60%+ global)
- Copper: Chile (not Asia), but Mongolia, Indonesia, Philippines
- Gold: China, Indonesia, Uzbekistan
6. Fisheries & Aquaculture
China = #1 global producer (⅓ wild catch, ⅔ aquaculture). India, Indonesia, Vietnam, Bangladesh top 10. South China Sea disputes reflect resource stakes.
7. Forestry
Indonesia, Malaysia: palm oil, pulp/paper, timber. Deforestation concerns. China: massive reforestation (Great Green Wall).
8. Tourism (Revisited)
Cultural (Angkor, Borobudur, Kyoto, Taj Mahal), nature (Himalayas, coral triangle), medical (Thailand, India, Singapore), MICE (Singapore, Hong Kong, Macau).
Structural Shift
Asia is transitioning: agriculture ↓, manufacturing → high-value, services ↑. Demographics vary: aging (Japan, Korea, China) vs. youth bulge (India, Philippines, Indonesia). Automation, climate, and trade policy will reshape the next decade.