20 Most Industrialized Countries in Asia

1. China

Manufacturing (Output) Rank: 1

Employment % by Industry Rank: 5

Weighted Average Rank: 1.3

With a weighted average rank of 1.3, China is the most industrialized country in Asia. As of 2022, around 32% of the Chinese workforce is employed in the industrial sector. Moreover, the value-added manufacturing output for China for the year 2023 was $4,658,781, making it the country with the highest manufacturing output in the world. Moreover, China has prioritized manufacturing as a key driver for its economy by allocating 10.4 billion yuan ($1.45 billion) from the central government to rebuild industrial foundations and promote high-quality development.

In 2024, China’s industrial sector showed a massive recovery as production increased by 7% year-on-year in January and February. This rebound provided a much-needed boost within the ongoing challenges in the property sector, which has seen substantial declines in investment and new construction. Despite a 9% year-on-year drop in property investment, the government’s focus on stability and incremental support measures has fostered cautious optimism.

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Disclosure: None. This article is originally published at Insider Monkey.