China's Chief Products: The World's Factory Floor
What China Makes and Sells
China is the world's largest manufacturing economy and exporter. Its product portfolio spans the entire complexity spectrum.
1. High-Tech & Advanced Manufacturing (Rising Share)
- Electronics: Smartphones (Apple/Foxconn, Xiaomi, Oppo/Vivo), laptops, servers, 5G base stations, ICs (design + packaging/testing), displays, wearables.
- EVs & Batteries: BYD, CATL, NIO, XPeng — world's largest EV producer & battery maker.
- Solar/PV: >80% global supply chain (polysilicon → wafers → cells → modules).
- Robotics/Automation: Industrial robots, service robots, CNC machines.
- Telecom: Huawei, ZTE — 5G core/RAN, fiber, devices.
2. Traditional Manufacturing (Still Massive Base)
- Textiles & Apparel: ~35% global exports. Cotton, synthetic, fast fashion, technical textiles.
- Steel: >1 billion tons/yr (53% world). Rebar, H-beam, sheet, specialty.
- Chemicals: Basic (methanol, ethylene, propylene), fertilizers, plastics, rubber, specialty.
- Machinery: Power equipment, construction, agricultural, machine tools.
- Furniture/Lighting/Toys: Clustered in Guangdong, Zhejiang, Fujian.
3. Primary & Processed Resources
- Agricultural: Rice, wheat, corn, soy (imports dominate soy), pork, vegetables, fruit, tea.
- Minerals: Rare earths (60% mining, 90% processing), tungsten, antimony, graphite, molybdenum.
- Energy: Coal (4.5B tons/yr, 50% world), crude oil (5th producer), growing renewables.
4. Services Exports (Growing)
- Digital services (SaaS, gaming, cloud, AI), tourism (pre-COVID #4 globally), transport/logistics, financial, education.
Structural Shift: "Dual Circulation"
Policy pivot: Domestic demand (consumption, innovation) as main engine; international circulation (exports, FDI, tech access) as complement. Moving up value chain: "Made in China 2025" → high-end, green, digital.
Key Metrics (2023)
- Goods exports: $3.38T (#1 world)
- Manufacturing value added: $4.8T (~30% global)
- High-tech mfg share: ~15% (target 20% by 2025)
- R&D intensity: 2.6% GDP