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UN report warns of slow industrial growth for 2030 goals

UN report warns of slow industrial growth for 2030 goals

A UN report reveals that progress in global industrial development remains slow and uneven up to 2030. There are significant disparities between regions, with Asia and Oceania leading the recovery, and China's industrial value added surpassing 30% by 2025. Meanwhile, Africa and Latin America are experiencing declines. The slowdown is linked to geopolitical tensions, economic uncertainty, and rapid technological shifts, alongside the sector's weak contribution to GDP and employment, especially in less developed countries. The report emphasizes the importance of adopting modern policies and increasing investment in infrastructure and clean energy to keep pace with the transformations that will shape countries' positions in the global economy. It also highlights an opportunity for developing nations to integrate more deeply into the global economy through appropriate policies.

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