International outsourcing is an important way to realize intra-product division of labor. China's industrial upgrade and policy efforts directed at outsourcing are not entirely endogenous but have a dependent path...International outsourcing is an important way to realize intra-product division of labor. China's industrial upgrade and policy efforts directed at outsourcing are not entirely endogenous but have a dependent path prone to be captured and locked at the low end of the global value chain by developed countries at the chain's high end. In light of the stage and reality of China's economic development, we should not only upgrade manufacturing outsourcing but also grasp service outsourcing opportunities. We should implement a strategy of coordinated development of manufacturing and service outsourcing rather than hastily transforming China from a "factory of the world" into an "office of the world." Balancing services with manufacturing and linking the global value chain with the domestic value chain is the best tool to address the problem of China's uneven regional development and establish a multi-tiered modern industrial system.展开更多
Mathematical models show that the urbanization process is an important factor affecting the transfer of labor among economic sectors.The regression results using time-series data since China’s reform and opening up s...Mathematical models show that the urbanization process is an important factor affecting the transfer of labor among economic sectors.The regression results using time-series data since China’s reform and opening up show that there is significant positive correlation between urbanization and the service industry’s ability to create jobs.However,there is no Granger Causation between them.Therefore,China should shift from focusing on industry park construction to paying more attention to improving urban functions by increasing their employment density of urban services.展开更多
Chunjiang Light & Textile Industry Group Co., Ltd. is among China’s largest cotton yarns production enterprises with multiple interests in spinning, fibre production
文摘International outsourcing is an important way to realize intra-product division of labor. China's industrial upgrade and policy efforts directed at outsourcing are not entirely endogenous but have a dependent path prone to be captured and locked at the low end of the global value chain by developed countries at the chain's high end. In light of the stage and reality of China's economic development, we should not only upgrade manufacturing outsourcing but also grasp service outsourcing opportunities. We should implement a strategy of coordinated development of manufacturing and service outsourcing rather than hastily transforming China from a "factory of the world" into an "office of the world." Balancing services with manufacturing and linking the global value chain with the domestic value chain is the best tool to address the problem of China's uneven regional development and establish a multi-tiered modern industrial system.
文摘Mathematical models show that the urbanization process is an important factor affecting the transfer of labor among economic sectors.The regression results using time-series data since China’s reform and opening up show that there is significant positive correlation between urbanization and the service industry’s ability to create jobs.However,there is no Granger Causation between them.Therefore,China should shift from focusing on industry park construction to paying more attention to improving urban functions by increasing their employment density of urban services.
文摘Chunjiang Light & Textile Industry Group Co., Ltd. is among China’s largest cotton yarns production enterprises with multiple interests in spinning, fibre production
