Since the opening up, China made substantial development in Manufacture industry. The total scale of manufacture industry ranks the fourth in the world now with an extraordinary comparative advantage. Currently, as the backbone industry in Chinese national economy, manufacture industry is the leading industry of our economic growth and the base of economy transition; as the key carrier of economic and social development, manufacture industry is the main channel for rural and urban employment and the centralized embodiment of international competitive force; as the important symbol of comprehensive national force improvement in the past 20 years, the overall development and upgrade of manufacture industry have already primarily established China as the “big manufacture country” in the world, and laid solid foundation for the transition to “strong manufacture country”.

In 2005, total product value of Chinese industry reached 7.7 trillion yuan, with 17.9% growth compared with the same period in last year, accounting for 41.8% of GDP. More specifically, the added value in state-owned and state stock-holding enterprises was up to 2.7 trillion yuan with 17% growth compared with last year, and made 652 billion yuan profits with 19.6% growth. The added value in private enterprises was up to 1.3 trillion yuan with 55% growth compared with last year, and made 212 billion yuan profits with 48.3% growth. The added value in foreign invested enterprises was up to 2 trillion yuan with 34.3% growth compared with last year, and made 414billion yuan profits with 6.8% growth.

Main industry product output made rapid growth. Compared with 1978 in the early period of opening up, in 2005, the chemical fiber output reached 16.6 million ton with 57 times growth; Spinning output was 51000 ton with 5 times growth; Weaving output was 0.34 billion meters with 3.4 times growth; ice box output was 29.87 million with 1065 times growth; Air condition output was 67.646 million with 338227.5 times growth; Steel output was 377.711 million ton with 16.1 times growth; concrete output was 1068.848 million ton with 15.4 times growth; ethane output was 7.5554 million ton with 18.9 times growth; car output was 5.704 million with 37.2 times growth;

As to the foreign investment, manufacture industry is the main consumer all the time. In 2005, manufacture industry made use of 28928 foreign invested projects, accounting for 65.74% of the total foreign invested projects; it used 127.4 billion USD contracted foreign investments, accounting for 67.36% of the total contracted foreign investments; it also used 42.5 billion USD real utilized foreign investment, accounting for 70.37% of the total real utilized foreign investment. Till the end of 2005, there were 179949 foreign invested enterprises in manufacture industry, with 895.5 billion USD total investments.

Under the guidance of new industrialization policy, drove by reforming and opening up and scientific progress, China will make great effort to adjust its industry structure by reinforcing independent innovation capacity, encouraging and supporting the development of advanced production capacity, limiting and getting rid of underdeveloped production capacity, eliminating blind investment and low level repetition construction, promoting optimization and upgrade of industry structure. And pursuing economized, environmental-friendly and safe development manner will be the main direction of Chinese manufacture industry development.