According to the Observer Network, on December 13, local time,According to a report released by the ITIF, China's efforts and investments in strategic industries have paid off in recent years。In particular, China's market share is expanding in the seven major fields of computers and electronic products, chemicals, machinery and equipment, motor vehicles, basic metals, metal products, and electrical equipment. Data as of 2020,Of the 10 strategic industries listed by the ITIF, China has a leading position, while the United States has an advantage in only the remaining three
But even in these three industries, China is expected to surpass the United States, which it is now a priority area for development. China is developing in a range of strategic technologies and industries, and the dominance of the United States and the West as a whole may not be sustainable. It is worth noting that this is a conservative think tank that has been critical of China's science and technology innovation policy, which shows that the reality of China's industrial rise has reached a point where Americans cannot ignore it.
The picture shows an electric car made in China).
Specifically, the United States is still the world's leading producer in the three major areas of pharmaceuticals, IT and information technology services, and other transportation, but China has now made biopharmaceuticals and artificial intelligence a key industry for development. The report also highlights the huge return on investment in electric vehicles in China, which produced 24 percent in 2020 alone3, significantly higher than the United States, Germany and Japan. According to a report released by McKinsey at the beginning of this year, China accounts for 43 percent of the world's electric vehicle production, while Germany and Japan produce 23 and 17 respectively.
In fact, this report by an American think tank still uses old data from the past, and at present, the gap is even greaterAccording to data for the first ten months of 2023**, China produced about 65% of the world's electric vehicles this year。And China's electric vehicle industry is leading not because of China's low labor costs, but because it has mastered many key technologies, and even the raw materials used to make electric vehicles.
This year, China became the world's largest exporter of automobiles).
The U.S. maintains a global lead in the "other transportation" category, especially in aerospace manufacturing. The United States accounts for 34 percent of global air traffic5, while China benefited from the expansion of high-speed rail and shipping, followed by the United States at 151％。For example, the United States is still far ahead of China in the manufacture of civilian airliners, and in space launches, because the United States has reusable heavy-lift launch vehicles, this greatly improves launch efficiency and reduces launch costs. But in recent years, China's aerospace industry is also advancing rapidly, at the previous Zhuhai Air Show, the China Aerospace Science and Technology Corporation has exhibited a new reusable heavy rocket, and it is believed that in the future, after the number of space launches catches up with the United States, it will also surpass the United States in terms of carrying weight.
The picture shows the American reusable Falcon family of heavy launch vehicles).
The report further notes that these industries produced more than $10 trillion globally in 2020, and that China already dominates most of the strategically important industries, producing more in absolute terms than any other country. Calculated in terms of economic scaleChina's output value in these top 10 industries is 47 percent higher than the global average, while the United States' output value is 13 percent lower than the average。Not only in the United States, but also in the entire G7 group, the market share is rapidly declining.
The picture shows the statistics released by the U.S. think tank).
Years of deindustrialization have shifted the U.S. economy from real to virtual, and this has even affected the U.S. military industry. At present, the United States is suppressing China in various industries and trying to reindustrialize. But it is difficult to reverse the current situation, such as rising labor costs and long-term protective policies, which will weaken the competitiveness of American companies. In addition, it is worth noting that the United States has repeatedly stated that it will not curb China's development, but it says one thing and does another, and various policies to suppress China's industry are still being introduced.
On the whole, with the upgrading of industries, there will be more and more industries dominated by China, and although the United States is constantly blockading and containing China and trying to restore its industrial capacity, it is difficult to change the trend of decline in the United States manufacturing industry in the face of various problems.