国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

China is on pace to outrank the United States in manufacturing output by 2020, according one report from Global Insight, a US forecasting company.

Based on the industry value added (VA) measurement, products made in China occupied 4.6 percent of global output in 1995, and increased to 12.1 percent in 2006. Global Insight forecasts China's output will reach 25.9 percent in 2025.

Related readings:  China manufacturing activity grows most in 2 years  GE doubles healthcare manufacturing capacity in Shanghai  China overtakes Germany as world's top electrical producer  Top 100 electronics firms' sales exceed 1 trillion yuan

Meanwhile, the report says anxiety over China's rapid rise in the manufacturing sector stifling the US economy is unfound.

While foreign demand has supported China's manufacturing growth in the recent past, future growth in manufacturing will be increasingly diversified to meet the growing domestic demand instead. That will create opportunities for external producers.

Anand Sharma, CEO and co-founder of TBM Consulting Group, also says that different manufacturing sectors have different expertise. In fact, the US is successful in manufacturing aircraft, heavy capital equipment, and precision scientific and medical equipment, which are all expected to dominate over China. But at the same time, the US loses its share of world output in textiles, basic metals, computers, electrical equipment, and household appliances.

(For more biz stories, please visit Industry Updates)