China Edges Up On UNIDO's Rankings Of Industrial Competitiveness

Via China View

BEIJING, April 27 (Xinhua) -- Singapore led the world in industrial competitiveness while China rose five places up from the 31st in 2000 to the 26th in 2005 in the rankings of the competitiveness industrial performance (CIP) index, according to the Industrial Development Report 2009 released here on Monday by the United Nations Industrial Development Organization (UNIDO.

The Industrial Development Report 2009 said China's CIP has overtaken the Philippines and is approaching Thailand. In 2000, China ranked the 31st place by scoring 0.387 points in CIP index value. The value rose to 0.418 points in 2005, when data collection ended.

The UNIDO said the CIP index, which measures the ability of countries to produce and export competitively, was used to help assess national industrial performance in the global economy.

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