China’s Ministry of Commerce(MOFCOM)and the Ministry of Industry and Information Technology(MIIT)have designed a stress-test for China’s labor-intensive industries,
Thanks to the intensive empirical studies,a reverse U-shape relationship was established between the diversification ofexport goods and the per-capita level of GDP.According to this framework,this paper analyzes the c...Thanks to the intensive empirical studies,a reverse U-shape relationship was established between the diversification ofexport goods and the per-capita level of GDP.According to this framework,this paper analyzes the case of China,andfinds that in the next 10 years,labor-intensive goods will still be able to maintain their comparative advantages in China.This finding has important implications for China’s future trade strategy and policy.展开更多
文摘China’s Ministry of Commerce(MOFCOM)and the Ministry of Industry and Information Technology(MIIT)have designed a stress-test for China’s labor-intensive industries,
文摘Thanks to the intensive empirical studies,a reverse U-shape relationship was established between the diversification ofexport goods and the per-capita level of GDP.According to this framework,this paper analyzes the case of China,andfinds that in the next 10 years,labor-intensive goods will still be able to maintain their comparative advantages in China.This finding has important implications for China’s future trade strategy and policy.
