New Industrialization: Characteristics, System Development and Implementation Pathway

New industrialization in China, different from its past economic development pattern or patterns in developed nations, is the country’s theoretical innovation based on the positive and negative experiences of industrialization at home and worldwide. New industrialization has various novel characteristics, including new sources of efficiency, new factors of production, new organizational forms, and new constraints. In addition, it has certain particularities arising from modernization with Chinese characteristics. This article summarizes the characteristics of new industrialization from the perspectives of people-centered approach, quality-first concept, independent innovation, green low-carbon economics, digital-real integration, and open circulation. There are four systems for promoting new industrialization: A self-sustained scientific and technological system, a high-end advanced manufacturing system, a green low-carbon circular system, and a division of labor system with domestic and international circulation. The Chinese new industrialization proposes the pathway and policy measures considering the new global situation and the requirements of new goals of strengthening organization and leadership, reducing factor cost, accelerating independent technological innovation, smoothing domestic and international circulation, and optimizing competition environment.

Rationale and Pathway for New Industrialization in the Context of Chinese Modernization

The concepts of modernization and industrialization have different connotations that are specific to their historical backgrounds,and their theoretical innovation and development may benefit from China’s experiences.Industrialization is the cornerstone of modernization,and holds the key to its success.China’s experiences in blazing a new trail of industrialization are challenging the traditional Western theory of industrialization and deepening the connotations of Chinese modernization.New industrialization is a key entry point for steering China’s modernization drive and theoretical innovations.This paper offers an overview of the theory of Chinese modernization and its evolving trend along China’s socialist industrialization path,as well as the rationale and pathway for new industrialization in the context of Chinese modernization.As our findings suggest,the new industrialization concept has taken hold in every key aspect of Chinese modernization.When combined with the theory of Chinese modernization,the theoretical implications of new industrialization play a crucial role in propelling Chinese modernization forward along a new journey in the new era.

China’s Manufacturing amid New Industrialization in the 14th Five-Year Plan Period

Driven by a new round of technological and industrial revolution,China’s manufacturing industry is heading towards green,intelligent,service-based and customized development.In light of the new technological revolution and evolving industrial development model,we need to revise and breathe new life into the traditional industrialization theory.When assessing a country’s industrial development,we should use the level of industrial technology,instead of the proportion of primary,secondary and tertiary industries,as the key criterion.In addition,the level of modern industrial development should be determined according to the degree of digital,network-based,and smart features.The new industrialization theory should employ knowledge-intensive complex labor to replace simple labor as the labor factor input in the production function,and include data as a new factor of production in the analytical framework.We should also define natural resources and the environment and greenhouse gas emissions as hard constraints of the production function.In the comparison of smart,service-based and green development levels of China’s,the US’and Japan’s manufacturing sectors,our results suggest that China lags far behind developed countries in terms of the level of industrial development.During the 14th Five-Year Plan period,China’s manufacturing industry should shift from quantitative expansion to digital and smart innovations and applications,modernize the industrial system,promote industrial integration,and broaden its horizon from domestic regional planning to the global value chain.

Re-measuring Productivity, Energy and Environmental Factors of China＇s New Industrialization

This paper identifies low-carbon, energy-efficient, and green economic growth as the primary goals of China＇s new industrialization and defines productivity under new industrialization which; unlike conventional productivity, simultaneously satisfies these goals. In contrast to conventional methods for measuring productivity, this paper employs a non-radial, non-angular SBM directional distance function to estimate new industrialization productivity of industrial sectors across 30 Chinese provinces, municipalities and autonomous regions between 1998 and 2008. Our research shows that conventional measurements of productivity overestimate industrial growth in China＇s central and western regions. On the whole, prospects for growth performance of China＇s industrial sectors are not optimistic. The degree of new industrialization is higher in eastern region than in central and western regions, where balancing industrial growth with resources and the environment is a daunting task. This paper＇s conclusions support ＂environmental Kuznets curve＂ and ＂Porter hypothesis＂ but reject ＂pollution asylum hypothesis ＂.

New Industrialization Path： The Strategic Choice of Chinese Iron and Steel Industry

The fact-developing iron and steel industry provides the base for China economy to grow continually, stably and healthily for many years. This paper analyzes the situation and the disparity, which the iron and steel industry faces, and attests that the new industrialization path is the strategic choice for the Chinese iron and steel industry to develop continuously, and carries on the thorough discussion to the connotation of this choice.

Measurement and Strategy Research on the Green Development Level for the New Energy Vehicle Industry in Chongqing City

This article takes 2016-2022 as the inspection period to construct an evaluation index system for the green development level of the new energy vehicle industry.The entropy method and comprehensive index are used to measure the green development level of the new energy vehicle industry in Chongqing,and compared with neighboring provinces such as Yunnan,Guizhou,and Sichuan.Policy recommendations are proposed to promote the development of the new energy vehicle industry in Chongqing City.

Research on the Mechanism and Strategy of Equity Investment Driving the Transformation of New Material Innovation Achievements

Under the wave of global technological revolution,the new materials industry is facing difficulties in innovation and transformation.Equity investment has become a key driving force due to its flexible mechanism,risk sharing,and deep participation.Based on introducing the current development status of China’s new materials industry,this article reveals the mechanism of equity investment in financial support,risk management,incentive constraints,and resource integration.The article proposes optimization strategies,such as building an information-sharing mechanism and a diversified investment fund system,to promote the high-quality development of the new materials industry driven by innovation and provide strategic guidance for policymakers,investors,and enterprises.

The new industrial revolution and industrial upgrading in China:achievements and challenges

One recent development in the area of manufacturing is the New Industrial Revolution(NIR).This paper examines the contours shaping the NIR,and analyses the challenges facing China in its pursuit to achieve technological parity with advanced nations.China’s economic rise is strongly associated with its ascending the technology ladder.The country is now the world’s workshop.As the labourintensive strategy based on cheap labour has run up against its limits,policy makers have devised plans that focus on industrial upgrading,promote indigenous innovations and establish national brands.This way China would avoid the middle-income trap and eventually become an innovative powerhouse.

New Industrial Revolution and Environmental Protection

Serious environmental problems have appeared in China since the rapid economic growth 30 years ago, which affect human’s health and become a limiting factor for further development. It has brought about the rethinking of traditional ways for economy development and environmental protection, and realized that the change in the model of development and environment protection is of significance. A new industrial revolution is needed for protecting the environment and promoting sustainable development. This paper discusses the characteristics of the new industrial revolution for sustainable development including cleaner production, circular economy, and industrial ecology. Lessons from China and abroad will be introduced to prove that new strategies for environment protection and economic development are needed.

The Capital Market in the Process of Taking a New Road of Industrialization

The page expounds the new situation in the process of taking a new road of industrialization, analyses the function of the capital market, discusses the measures of perfecting the capital market system, accelerating the capital formation and promoting the development of industrialization.

New Energy Automobile is Drawing Industrial“Roadmap"

According to the White Paper on Development of 2016New Energy Automobile Electronic Industry released recently by the Electronic Science 8c Technology Intelligence Research Institute of Industry and Information Technology Ministry,China’s new energy automobile electronic industrial scale achieved nearly RMB 4.5 billion in 2015 and it is expected to reach RMB 23.7 billion by 2020 with

Laiwu——A New Emerging Industrial City in Shandong

Laiwu,a developingindustrial city in the middle eastof Shandong Province,is situatedat the eastern foot of Mount Taiand is known for its steel andcoal production.Covering an areaof 2,239 square kilometres,ithas two districts, Laicheng andGangcheng, and 30 towns underits jurisdiction with a populationtotalling 1.2 million.

A New Round of Global Industrial Restructuring

A new round of global industrial restructuring has been rapidly under way as eco-nomic globalization and revolutionary advances in information technology pickup momentum. Such strategic option geared to the digital economy in preparationfor the arrival of the knowledge economy will exert profound and far-reaching im-pact on the world economics and global competition in the new century. For this,the world major economies are making readjustments in their development strategies and working out new industrial policies in pursuit of commanding heights inthe world economic configuration or an invincible position in the 21st century.

Hengshui New and Hi-tech Industrial Park

After years of construction and improvement, the Hengshui New and Hitech Industrial Park of Hebei Province has achieved a rather large scale and won great popularity with both Chinese and foreign businessmen. So far, it has approved the establishment of 146 projects in the park. and 44 industrial enterprises, of which 10 are joint ventures. The fixed assets of the park have amounted to RMB370 million. The Hengshui New and

New Drivers of China＇s Industrial Growth in Its Late-Stage Industrialization and ＂New Normal＂

According to our analysis of variations in Chinas＇ industrial growth rate. industrial demand, industrial structure, regional structure and the performance of industrial firms, China ＇s＇ industrial economv is moving towards＇ a ＂new normal＂ of slower growth and structural improvement. This process coincides with the late stage of China＇s industrialization, which international experience suggests is often frauht with twists and challenges. Among these challenges, great attention must be paid to overcapacity industrial restructuring and upgrades, and the ＂reindustrialization＂ of developed countries. As China enters the late stage of its industrialization, particularly during the 13th Five-Year Plan period from 2016 to 2020, the promotion of industrial development is of strategic significance for China to successfully complete industrialization and its economy to adapt to the ＂new normal ＂. In the face of these new challenges regarding industrial development, policymakers must strive to increase the dynamism of growth for industrial economy. In this new era, the momentum of industrial growth derives from the integration of the supply impetus of industrialization and the pull of demand caused by urbanization, while, the comprehensive deepening of refom provides the key source of momentum.

LIRR "R&D and Industrialization of High PerformanceFunctional Refractories for Metallurgy New Technology" Project Gained Fund Support

Checked by Henan Province Development and Relbrm Commission and Henan Province MunicipalFinance （）ffice, the “R ＆ I） and Industrialization of High Performance Functional Refractories for Metallurgy New Technology” project declared by 1,1RR gained a special fund support on self-renovation and products structure adjustment. The project will realize the technology integration and industriali-zation of key refractories including purging component, metering nozzle and toil and belt continuous casting nozzle, etc. through building high performance functional refractories production lines for metallurgy new technology.

Research on the Development of Housing Industrialization under the New Urbanization

Based on the national strategy of"new urbanization",from the perspective of urban and rural integration,industrial interaction,economy and intensification,this paper proposes to vigorously promote the industrialization planning of urban and rural housing based on SI system,do a good job in the production of building structural parts from the perspective of building industrialization,extend to the internal filling parts,and do a good job in the internal filling system from the perspective of housing industrialization.At the moment of"Rural Revitalization"strategy,we should first develop the SI system multi-storey industrialized housing to meet the needs of rural areas.At the same time,we put forward the development path of China's urban and rural housing industrialization.

New LNK302 Addresses Lower Power Home Appliance and Industrial Applications

SAN JOSE,Calif.-September 9,2004-Power Integrations,Inc.(NASDAQ:POWI),the leading supplier of high-voltageanalog integrated circuits used in power conversion, todayintroduced LNK302,a new member of the company'sLinkSwitch-TN family of AC- DC power conversion ICs.Designed as a cost-effective replacement for bulky,energy-wasting capacitive droppers and linear transformers,the LinkSwitch-TN family is ideal for use in home applianceand industrial control applications.The addition of

Chinese Experience in Industrial Development During the Forty Years of reform and opening-up

Over the past forty years of reform and opening-up,China's industry has sustained rapid and sound development and generated impressive achievements.Industrialization has entered the second half of its final stage.This experience of successful industrialization with Chinese characteristics constitutes an important component Chinese wisdom and Chinese approaches,and serves as a reference for other developing countries and countries in transition.The Chinese experience in industrial development during this period includes: progressively promoting industrial and economic system reform adapted to local circumstances; seizing the right moment to firmly integrate into the global system of labor division; pursuing the new path of industrialization featuring coordinated development of the "Five Pillars" in keeping up with the times; and developing an industrialization model with Chinese characteristics with concerted efforts of effective market and enabling government.

The basic theory of industrial ecological economics

There is a great difference between the new type industrialization road in China and the road of industrialization first, then informatization and at last ecologization in western developed countries. Industrial eco-economics is one of the critical branches of eco-economics. It is a subject of objective law of structural upgrading, functional optimization and highly efficient running of industrial eco-economic system, which is combined with industrial economic system and eco-system under the condition of intellectual economy and circular economy combinations. Meanwhile, it is a relatively weak subject in the research field of eco-economics in China for the time being. Taking the practice road of new type industrialization needs the guidance of industrial eco-economics. The modern industrial eco-economics in the 21st century must be adapted to the need of new type road of industrialization in China. The paper analyzes the status quo of research and the main contents of industrial eco-economics and tries to study some key theories of the branch subject.