Wang Zhongyu, President of the China Enterprise Confederation, said at the 2010 National Enterprise Management Innovation Conference held in Beijing on the 27th that in 2009, China's manufacturing industry accounted for 15.6% of the global manufacturing value, replacing Japan as the world's second largest industrial manufacturing country after the United States.

The statistical report of the United Nations Industrial Development Organization shows that in 2009, China's share of the world's industrial gross domestic product reached 15.6%, while Japan's was 15.4%. The United States still holds the top spot in China's industrial manufacturing tennis with a 19% share. Data shows that in 2009, China's crude steel production was 568 million tons, accounting for 47% of the world's total; Cement production and sales: 650 million tons in the machinery manufacturing industry, accounting for over 60% of the world's total; The port throughput is 7 billion tons, accounting for over 50% of the world's total.

Wang Zhongyu said that despite this, China's bearing manufacturing industry is large but not strong, and most enterprises are still at the bottom of the industry chain with low added value, with relatively backward productive services.