Emerging Industries: Hold The Key To China’s Economy

China’s economy is thriving. Growth has slowed, yet growth rates are still higher than the majority of Western nations. The large population enables China to create powerful economic output. Manufacturing, agriculture and services have traditionally been major industries driving China’s economy. However, the transitioning economic environment is seeing a shift towards a heavier service reliant than present.

The traditional industries will not go away, but they will need to adapt. Manufacturing is losing focus on low cost goods to more specialised ones. Services are starting to become a more key area, and agriculture still employs over 300 million workers. These core areas will continue to be vital to China’s economy, but embracing new emerging industries will be key to propelling further growth.

Emerging Industries Fueling China’s Economy

Attention has started to focus on industries that utilize knowledge, innovation, technology and intricate design. Currently one industry that holds great potential is aerospace engineering. Presently, only a fraction of China’s manufacturing output comes from aerospace. Though the government has identified aerospace as a high priority, hoping to make it a global player.

Energy is another vital sector that should see further growth across China. The ability of the country should not be understated. Recent news emerged announcing a partnership between the French and Chinese to finance a British power plant. The Chinese investment is in the form through CGN, an already established major player in the domestic market. Clean energy is creating new opportunities. Air pollution is a major problem in certain cities such as Beijing. Reducing pollution and improving air quality should become a target for the government, and many companies may look to benefit.

Over the course of the last few years, education has become a crucial government priority. A transitioning economy includes a skilled workforce. Education will be fundamental in delivering this transition as smoothly as possible. Private universities are emerging, creating an option for companies to invest in their employees directly. The government has also committed to providing $250billion to the sector every year.

The ageing population has become a problem for China. Resulting in the healthcare industry becoming an interesting market. Healthcare will receive an investment of 7% of the nation’s GDP by the government. The available funds will go towards constructing urban hospitals and rural health centres. Private healthcare should also see a boom of sorts. A multi-billion-pound industry exists in private healthcare within the UK despite a tax funded NHS being freely accessible by all citizens. Though in China, healthcare isn’t completely free, creating a much greater opportunity for private companies to profit.


Only a few emerging industries were covered in this article, but many more exist. Snippets were highlighted to display the sheer diversity where potential waits. Select industries such as healthcare are already well-established, but future trends are expected to fuel even further growth. With China’s economy in the midst of a transitioning period, the uncertainty is creating plenty of excitement for new innovative industries to emerge.

We are using cookies to give you the best experience. You can find out more about which cookies we are using or switch them off in privacy settings.
AcceptPrivacy Settings


  • We use cookies

We use cookies

What Are Cookies

As is common practice with almost all professional websites this site uses cookies, which are tiny files that are downloaded to your computer, to improve your experience. This page describes what information they gather, how we use it and why we sometimes need to store these cookies. We will also share how you can prevent these cookies from being stored however this may downgrade or ‘break’ certain elements of the sites functionality.

For more general information on cookies see the Wikipedia article on HTTP Cookies.

How We Use Cookies

We use cookies for a variety of reasons detailed below. Unfortunately in most cases there are no industry standard options for disabling cookies without completely disabling the functionality and features they add to this site. It is recommended that you leave on all cookies if you are not sure whether you need them or not in case they are used to provide a service that you use.

Disabling Cookies

You can prevent the setting of cookies by adjusting the settings on your browser (see your browser Help for how to do this). Be aware that disabling cookies will affect the functionality of this and many other websites that you visit. Disabling cookies will usually result in also disabling certain functionality and features of the this site. Therefore it is recommended that you do not disable cookies.

The Cookies We Set

If you create an account with us then we will use cookies for the management of the signup process and general administration. These cookies will usually be deleted when you log out however in some cases they may remain afterwards to remember your site preferences when logged out.

We use cookies when you are logged in so that we can remember this fact. This prevents you from having to log in every single time you visit a new page. These cookies are typically removed or cleared when you log out to ensure that you can only access restricted features and areas when logged in.

This site offers newsletter or email subscription services and cookies may be used to remember if you are already registered and whether to show certain notifications which might only be valid to subscribed/unsubscribed users.

This site offers e-commerce or payment facilities and some cookies are essential to ensure that your order is remembered between pages so that we can process it properly.

From time to time we offer user surveys and questionnaires to provide you with interesting insights, helpful tools, or to understand our user base more accurately. These surveys may use cookies to remember who has already taken part in a survey or to provide you with accurate results after you change pages.

When you submit data to through a form such as those found on contact pages or comment forms cookies may be set to remember your user details for future correspondence.

Third Party Cookies

In some special cases we also use cookies provided by trusted third parties. The following section details which third party cookies you might encounter through this site.

This site uses Google Analytics which is one of the most widespread and trusted analytics solution on the web for helping us to understand how you use the site and ways that we can improve your experience. These cookies may track things such as how long you spend on the site and the pages that you visit so we can continue to produce engaging content.

For more information on Google Analytics cookies, see the official Google Analytics page.

Third party analytics are used to track and measure usage of this site so that we can continue to produce engaging content. These cookies may track things such as how long you spend on the site or pages you visit which helps us to understand how we can improve the site for you.

From time to time we test new features and make subtle changes to the way that the site is delivered. When we are still testing new features these cookies may be used to ensure that you receive a consistent experience whilst on the site whilst ensuring we understand which optimisations our users appreciate the most.

As we sell products it’s important for us to understand statistics about how many of the visitors to our site actually make a purchase and as such this is the kind of data that these cookies will track. This is important to you as it means that we can accurately make business predictions that allow us to monitor our advertising and product costs to ensure the best possible price.

The Google AdSense service we use to serve advertising uses a DoubleClick cookie to serve more relevant ads across the web and limit the number of times that a given ad is shown to you.

For more information on Google AdSense see the official Google AdSense privacy FAQ.

More Information

Hopefully that has clarified things for you and as was previously mentioned if there is something that you aren’t sure whether you need or not it’s usually safer to leave cookies enabled in case it does interact with one of the features you use on our site.

However if you are still looking for more information then you can contact us through one of our preferred contact methods. This Cookies Policy was created with the help of the CookiePolicyGenerator.com

Email: info@intrepidsourcing.com