Paying a heavy price for ignoring the manufacturing sector
The share of manufacturing sector in China's GDP was 34 per cent in 2007, compared with 16.1 per cent for India in 2009-10.
The average share of manufacturing sector in real GDP increased from about 13 per cent during 1970-75 to about 15.1 per cent during 2002-07, that is, by just about 2 percentage points over a period of more than three decades.
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