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10 Ways Chinese Manufacturing Makes The Rest Of The World Look Tiny

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chinese factory workers

China has quickly grown to become the world's second largest economy with $7.3 trillion in gross domestic product.

Much of this growth was driven by its offering of cheap labor and production to the rest of the world.

Bank of America's David Cui recently published his Not So Trivial Facts report on China.

In it were some stunning facts about China's massive productive activities.

We highlighted 10 key production details from the report and compared the penetration or prevalence of each in China with the rest of the world.

China produces nearly 17 times as many air conditioners per person than the rest of the world.

Chinese air conditioner production:
109.0 million units

China as a percent of global total:
80.0 percent

China produces 81.1 air conditioner units per 1000 people, compared with 4.8 air conditioner units in the rest of the world.

Source: BAML



China manufactures more than 40 times as many personal computers per person than the rest of the world.

Chinese PC production:
320.4 million units

China as a percent of global total:
90.6 percent

China produces 238.3 PC units per 1,000 people compared with 5.9 units in the rest of the world.

Source: BAML



China makes more than 16 times as many energy saving lamps per person than the rest of the world.

Chinese energy saving lamps production:
4.3 billion

China as a percent of global total:
80.0 percent

China's got 3.2 lamps per capita, compared to 0.2 in per capita in the rest of the world.

Source: BAML



See the rest of the story at Business Insider

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