China began to development its industry from the 1950s. After the founding of new China in 1949, China's industry started to recover. Before the country opened itself up in 1978, China had built up its own industrial economy system. Fast progress has been achieved in traditional oil industry as well as the new chemical and electronic industries. In particular, the hi-tech nuclear and aviation industries have witnessed great breakthrough in their development. Since the late 1970s, the annual growth rate of China's industrial added value is above 10% from 1979 to 2003.

After 50 years of development, China's major industrial volume has grown by dozens of times or even hundreds of times. Many of its industrial products are exported to the other countries. Since 1996, China's production outputs in steel, coal, cement, agricultural fertilizer, and television set have rank first in the world.

In 2003, China realizes RMB5361.2 billion of industrial added value, increased by 12.6% over last year. Now China can not only produce air plane, ship, and car, but also man-made earth satellite and other modern industrial equipments. China has successfully created a high level and independent industrial system with all kinds of categories. From now on, China will also implement its information-driven industrialization strategy to enhance the accelerating role of industry for China's economy.