Promoting inclusive and sustainable industries and continuing to invest in physical infrastructure, innovation and research are vital to long-term economic development. Investment in research and development (R&D) globally, and financing for economic infrastructure in developing countries has increased. What’s more, the intensity of global CO2 emissions has declined, and impressive progress has been made in mobile connectivity. However, the growth of manufacturing has decelerated and industrialization in LDCs is still too slow. The pandemic has dealt a severe blow to manufacturing and transport industries, causing disruptions in global value chains and the supply of products as well as job losses and declining work hours in these sectors. In developing countries, manufacturing jobs are an essential source of income and are key to poverty reduction. The effects of COVID-19 have been so destabilizing that they threaten to halt or even reverse progress towards SDG 9 and other Goals.