Based on the theoretical and empirical research of economists in the past decade,this article intends to address the following issues about the effects of China’s economy on the global economy:What impact does China...Based on the theoretical and empirical research of economists in the past decade,this article intends to address the following issues about the effects of China’s economy on the global economy:What impact does China’s fast-growing economy have on the global trade flow and trade pattern?Does China’s sustained export growth pose a significant competitive threat to some countries and regions(particularly the developing countries in East Asia,Latin America and Africa)?In the midst of fast economic growth driven by its reform and opening,China has become the largest FDI recipient among all developing countries and regions.Does the FDI received by China have"transfer effects"on other countries(especially in terms of FDI inflows into neighboring countries)?展开更多
This paper compares the internal structures of the manufacturing industries in China and the U.S. from 1998 to 2005 and leads to three major discoveries: First, the gaps between China and the U.S.'s manufacturing ...This paper compares the internal structures of the manufacturing industries in China and the U.S. from 1998 to 2005 and leads to three major discoveries: First, the gaps between China and the U.S.'s manufacturing capacity have been narrowing at a high speed in the last seven years, during which the share of added value of China's manufacturing industry to that of the U.S. increased from 13% to 52%, and then reached 76% in 2007. Second, the labor force employed in China's manufacturing industry increased by 50%, of which the increase in capital and technology-intensive production sectors exceeded that in labor-intensive sectors. Meanwhile, the labor force employed in the U.S. manufacturing industry decreased. Third, labor productivity in China's manufacturing industry increased by 2.78 times, and profits increased by 2.21 times, much higher than the U.S. growth rates of 18.2% and 49.5%. Obviously, the narrowing gaps between China and the U.S.'s production capacities mean China's industrial progress and the hierarchy of world industrial powers will be rearranged.展开更多
文摘Based on the theoretical and empirical research of economists in the past decade,this article intends to address the following issues about the effects of China’s economy on the global economy:What impact does China’s fast-growing economy have on the global trade flow and trade pattern?Does China’s sustained export growth pose a significant competitive threat to some countries and regions(particularly the developing countries in East Asia,Latin America and Africa)?In the midst of fast economic growth driven by its reform and opening,China has become the largest FDI recipient among all developing countries and regions.Does the FDI received by China have"transfer effects"on other countries(especially in terms of FDI inflows into neighboring countries)?
基金sponsored by "Empirical Research Project on China's Industrial Innovation Strategies and Policy Options",which is a major project of a key humanities and social sciences research center of the Ministry of Educationfunded by the "regional" sub-project of China's International Economic Competitiveness Research and Innovation Center of Fudan University
文摘This paper compares the internal structures of the manufacturing industries in China and the U.S. from 1998 to 2005 and leads to three major discoveries: First, the gaps between China and the U.S.'s manufacturing capacity have been narrowing at a high speed in the last seven years, during which the share of added value of China's manufacturing industry to that of the U.S. increased from 13% to 52%, and then reached 76% in 2007. Second, the labor force employed in China's manufacturing industry increased by 50%, of which the increase in capital and technology-intensive production sectors exceeded that in labor-intensive sectors. Meanwhile, the labor force employed in the U.S. manufacturing industry decreased. Third, labor productivity in China's manufacturing industry increased by 2.78 times, and profits increased by 2.21 times, much higher than the U.S. growth rates of 18.2% and 49.5%. Obviously, the narrowing gaps between China and the U.S.'s production capacities mean China's industrial progress and the hierarchy of world industrial powers will be rearranged.
