Based on recent statistical data, this paper presents an empirical analysis on the current status and evolution of international competitiveness of Chinese industries after China＇s accession a decade ago into the Wor...Based on recent statistical data, this paper presents an empirical analysis on the current status and evolution of international competitiveness of Chinese industries after China＇s accession a decade ago into the World Trade Organization （WTO）. Our findings conclude that international competiveness of Chinese industries has increased during the decade. Although comparative advantage of traditional labor-intensive industries is on the decline and that of technology- and capital-intensive industries is on the rise, labor-intensive industries remain the most advantageous. Competitive advantages of labor-, technology- and capital-intensive industries have all improved. Growing competitive advantage of Chinese manufacturing is a major force behind the international competiveness of Chinese industries, and traditional labor-intensive industries maintain strong international eompetiveness. Meanwhile, rapid developments of some technology- and capital-intensive industries have strengthened the international eompetiveness of Chinese industries. China is now on the eve of a second round of rapid improvement in its industrial international competitiveness. In the short- and medium-term, acquiring ＂market economy status＂ in 2016 will further release advantages of Chinese industries. Further over the next two decades, China will usher in a new era of strategic opportunities which will serve as an additional source of sustainable improvement in its industrial international competiveness.展开更多
文摘Based on recent statistical data, this paper presents an empirical analysis on the current status and evolution of international competitiveness of Chinese industries after China＇s accession a decade ago into the World Trade Organization （WTO）. Our findings conclude that international competiveness of Chinese industries has increased during the decade. Although comparative advantage of traditional labor-intensive industries is on the decline and that of technology- and capital-intensive industries is on the rise, labor-intensive industries remain the most advantageous. Competitive advantages of labor-, technology- and capital-intensive industries have all improved. Growing competitive advantage of Chinese manufacturing is a major force behind the international competiveness of Chinese industries, and traditional labor-intensive industries maintain strong international eompetiveness. Meanwhile, rapid developments of some technology- and capital-intensive industries have strengthened the international eompetiveness of Chinese industries. China is now on the eve of a second round of rapid improvement in its industrial international competitiveness. In the short- and medium-term, acquiring ＂market economy status＂ in 2016 will further release advantages of Chinese industries. Further over the next two decades, China will usher in a new era of strategic opportunities which will serve as an additional source of sustainable improvement in its industrial international competiveness.
