Beijing should remain “the workshop of the world” in the years to come. A confirmation of the dominant position of the Chinese industrial giant, which accounted for 28% of the global manufacturing sector in 2019 according to the United Nations. This is almost double the share of the United States, and far ahead of European countries such as Italy (2.1%), France (1.9%) and the United Kingdom (1.8%). %).
While China should reaffirm its position as the world’s leading industrial power, the share of industrial employment should on the contrary collapse from 11.4% today to 8.3% in 2050 in Western countries.