This is enough to illustrate the power of Made in China. China surpassed the United States to become the world's largest manufacturing country in 2010. Since then, China's manufacturing strength has continued to increase.
Chinese mobile phone brands were first led by Xiaomi in 2014 and defeated foreign brands in the domestic market for the first time. Later, Xiaomi and Shenzhen mobile phone companies went abroad. Xiaomi was undoubtedly the leader. Xiaomi took the lead in defeating Samsung in the Indian market in 2017, Shenzhen Mobile phone companies defeated Apple in the European market. Today, Xiaomi has become the domestic mobile phone brand with the largest overseas shipments and the highest proportion of overseas shipments. In addition, Chinese panel companies BOE and TCL CSOT have defeated Samsung and LGD in the LCD panel market. Now these two Chinese panel companies are competing with Korean panel companies in the OLED panel market. There are also TV companies, communication equipment, port machinery, etc. The global market occupies a large market.
Of course, there are also the neglected low-end manufacturing industries such as clothing and assembly. These low-end manufacturing industries can be said to be the backbone of China's exports. However, they are not looked upon by others, but they have saved China's exports for two consecutive years. In 2021, the global demand for masks and other medical supplies surged, and the exports of the textile industry also surged. The trade surplus contributed by the textile industry increased from 40% in 2018 to 50% in 2021. It also promoted the export of the textile industry. China has become the only country in the world to achieve export growth in 2021.
In the past two years, due to well-known reasons, global demand for high-end products has declined, but demand for China's low-end products has increased. Products such as clothes are in urgent demand, which has in turn boosted the growth of China's exports. Chinese officials recently introduced the import and export situation in 2021, showing that the foreign trade scale of the world's second largest economy exceeded US$6 trillion for the first time. This scale is terrifying. Obviously, although the global epidemic is raging, all walks of life in China have not slackened at all. With our huge production capacity, we have become the most effective guarantee for global economic stability and material supply.