China's Evolving Industrial Policies and Economic Restructuring [Kietas viršelis]

"China's recent phenomenal economic growth has been sustained primarily by China's rapid and continuous industrialisation. Currently industry accounts for over two-thirds of China's gross domestic product, and since 2009 China has been the world's largest exporter of manufactured products. This book explores the question of how far this industrial growth has been the product of government policies"--

After 30 years of sustained industrialization and economic growth, Zheng and Tong, with the help of 19 contributors, examine the relationship between industrial growth and government policies. There are 14 chapters divided into three parts: development policies and industrial development; development of China’s mainstay industries; China’s regional industrial development. Chapter 1 highlights existing problems in China’s economy. Chapter 2 provides an overview of six decades of policy evolution. Chapter 3 reviews the impact and evolution of China’s innovation policy. Chapter 4 analyzes recent intensification of investment in research and development. Chapter 5 examines the relationship between openness, productivity and economic growth. Chapter 6 looks at the economic factors for proliferating auto manufacturers. Chapter 7 examines China’s indigenous telecom equipment sector. Chapter 8 studies the development of China’s electronic information industry. Chapter 9 reviews the three segments of China’s information and communication technology (ICT). Chapter 10 explores the recent development of shale gas and the implications on China’s energy policy. Chapter 11 analyzes the nature of transnational corporations’ (TNC) local networks and embeddedness. Chapter 12 examines the growth potential of the Beijing-Tianjin-Hebei region and its impact on the Chinese economy. Chapter 13 reviews government policy initiatives and their impact on the backward western region. Chapter 14 examines the central region’s changing position in China’s overall development and highlights government policies. Annotation ©2014 Ringgold, Inc., Portland, OR (protoview.com)

In the past three decades, China has successfully transformed itself from an extremely poor economy to the world’s second largest economy. The country’s phenomenal economic growth has been sustained primarily by its rapid and continuous industrialisation. Currently industry accounts for nearly two-fifth of China’s gross domestic product, and since 2009 China has been the world’s largest exporter of manufactured products. This book explores the question of how far this industrial growth has been the product of government policies. It discusses how government policies and their priorities have developed and evolved, examines how industrial policies are linked to policies in other areas, such as trade, technology and regional development, and assesses how new policy initiatives are encouraging China’s increasing success in new technology-intensive industries. It also demonstrates how China’s industrial policies are linked to development of industrial clusters and regions.