Abstract

As my own country, China has shown, strong growth in the manufacturing industry is a key driver of sustainable development. It has a significant impact on economic and social well-being, as a recent report by the United Nations Industrial Development Organization (UNIDO) demonstrates. The report looks at data across all countries and plots manufacturing value-added per capita, along with competitiveness, against indicators on poverty, inequality, health, education, employment, and human development. The results provide clear statistical evidence on how closely the process of industrialization is connected to improvements in people’s living conditions and their quality of life.

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