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Lessons from China's automobile industry

Lessons from China's automobile industry
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摘要 Two controversies have emerged in the development of China’s automobile industry.The first is the role of government approval in economy of scale,industrial concentration and redundant construction.Second is the role of foreign-funded companies in the growth of China’s automobile industry.Correct understanding of these matters offers a unique"intellectual asset"for approaching the institutional and policy matters of China’s automobile industry and other sectors.It also serves as guidance in the selection of growth patterns. Two controversies have emerged in the development of China’s automobile industry.The first is the role of government approval in economy of scale,industrial concentration and redundant construction.Second is the role of foreign-funded companies in the growth of China’s automobile industry.Correct understanding of these matters offers a unique"intellectual asset"for approaching the institutional and policy matters of China’s automobile industry and other sectors.It also serves as guidance in the selection of growth patterns.
作者 刘世锦
出处 《China Economist》 2009年第3期61-66,共6页 中国经济学人(英文版)
关键词 AUTOMOBILE INDUSTRY COMPETITION Foreign-funded COMPANIES Automobile industry Competition Foreign-funded companies
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