大国博弈下中国电子制造业全球竞争力及风险分析

Group 1: Global Competitiveness of China's Electronic Manufacturing Industry - China's electronic manufacturing industry holds a significant global position, with a manufacturing output accounting for approximately 35% of the world's total, far exceeding the second-ranked United States at 12%[2] - In 2023, China's electronic manufacturing output represented about 31% of the total manufacturing output, ranking 6th among 41 major industries[2] - The trade volume of China's electronic manufacturing industry accounts for over 30% of the global total, indicating a strong presence in international markets[2] Group 2: Sector-Specific Analysis - The home appliance manufacturing sector leads globally, with China producing approximately 70% of the world's air conditioners and 87% of refrigerators and washing machines[4] - In the personal mobile device sector, China dominates the midstream assembly and module markets, with around 80% of personal computers and over 65% of smartphones produced in the country[5] - The semiconductor industry in China is still in a catch-up phase, with domestic production unable to meet demand; in 2023, China imported integrated circuits worth approximately $349.4 billion while exporting only about $136 billion[8] Group 3: Risks and Challenges - The home appliance sector shows strong credit quality, but the personal mobile device industry faces risks due to low bargaining power and potential industry relocation[9] - The semiconductor industry, while benefiting from policy and financial support, faces credit risks as production capacity expands and market conditions change[9] - China's telecommunications sector maintains a strong global position, with domestic companies holding a 47% market share in global 5G wireless equipment sales despite facing international restrictions[10]