China Manufacturing Competitiveness Increases in 2024

China’s Manufacturing Competitiveness Strengthens in 2024

According to CCTV News, China’s manufacturing sector witnessed a boost in competitiveness in 2024. The national manufacturing quality competitiveness index rose to 85.6 this year, surpassing the 85.21 recorded in 2023.

This consistent upward trajectory signifies a steady improvement in the quality and competitiveness of China’s manufacturing sector. The report, citing the national market supervision work conference held on Monday, highlighted that the safety levels of food, pharmaceuticals, key industrial products, and specialized equipment remained generally stable throughout the year.

The national manufacturing quality competitiveness index serves as a crucial benchmark, comprehensively assessing the quality standards, overall quality performance, and developmental capabilities of the manufacturing industry. These advancements not only signify an improved quality landscape but also underscore China’s dedication to ensuring product safety and bolstering its competitive edge in the global market.