Overview

This book explores the challenges China has faced during its economic restructuring, including trade wars, rising costs of labor and land, climate change, recalcitrant state-owned enterprises, an aging population and other problems. Since its historic reform and opening up, China has achieved and sustained remarkable economic growth driven primarily by manufacturing and the real estate industry. As the country continues to move up the supply chain, ""Made in China,"" once synonymous with poor quality, but has come to mean advanced technologies. China’s future economic growth and its success in economic restructure will depend crucially on the dynamic evolution of the country’s comparative advantages.  Contributors examine how the dynamic evolution of China’s comparative advantages can help the country overcome two closely related problems: heavy dependence on low value-added exports and the prospects of falling into the middle-income trap. The book willbe of value to researchers interested in China’s economic development and policies.

Full Product Details

Author:   Xianming Yang ,  Fuyu Chen
Publisher:   Springer Verlag, Singapore
Imprint:   Palgrave Macmillan
Edition:   1st ed. 2023
ISBN:  

9789811944390

ISBN 10:   9811944393
Pages:   309
Publication Date:   09 March 2024
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   Manufactured on demand  
We will order this item for you from a manufactured on demand supplier.

Table of Contents

1. Why the Dynamic Evolution of China’s Comparative Advantages Must Be Accelerated.- 2. Resource Constraints in the Dynamic Evolution of China’s Comparative Advantages.- 3. Factor Substitution, Technological Progress, and the Dynamic Evolution of Chinese Manufacturing’s Comparative Advantages.- 4. Optimization of Human Capital Structure and the Dynamic Evolution of China’s Comparative Advantages.- 5. Industrial Agglomeration and Dynamic Evolution of China’s Comparative Advantages.- 6. Home Market Effect, Spatial Efficiency of Industries, and the Dynamic Evolution of China’s Comparative Advantages.- 7. Market Integration and the Dynamic Evolution of China’s Comparative Advantages.- 8. Interactive Development of Imports and Exports and the  Dynamic Evolution of China’s Comparative Advantages.- 9. Upgrading in Global Value Chains, the Dynamic Evolution of Comparative Advantages, andChina’s Position.- 10. National Absorptive Capacity and the Dynamic Evolution of China’s Comparative Advantages. 

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Author Information

Xianming Yang is a professor and doctoral student supervisor at the Development Institute of Yunnan University and chair of the Yunnan Economic Association.

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