scholarly journals RESEARCH ON INNOVATION-DRIVEN DEVELOPMENT STRATEGY , COMPARATIVE ADVANTAGE AND INDUSTRIAL TRANSFORMATION AND UPGRANDING

Author(s):  
Lu Songnan

China is in the midst of a momentous economic transition from one of high-speed to high-quality growth. The industrial transformation and upgrading supported by extensive growth model that focused on ―quantity‖ has encountered bottlenecks. It‘s urgent to find a new model to promote new round of industrial transformation and upgrading. This paper, based on the current unbalanced industrial structure in China, analyzes the development strategy China has implemented since reform and opening up and its influence on industries. Conclusions are as follows: China has implemented an extensive forging ahead growth strategy that transcends comparative advantage. This has generated industrial structure deviations, longstanding factor price distortion, overcapacity and wave phenomenon and constrained industrial transformation and upgrading. Therefore, China should choose an innovation-driven development strategy that could unleash the potential of comparative advantage and drive industrial transformation and upgrading.

2019 ◽  
pp. 149-172 ◽  
Author(s):  
Justin Yifu Lin ◽  
Jun Zhang

China is one of a handful of economies that has successfully achieved rapid long-term growth since the Second World War and is one of the fastest technological learners among latecomers. Its technological progress and economic success is attributable to the grand transformation of its development strategy since 1978. With special economic zones and encouraging inflow of foreign direct investment, China created conditions to help comparative advantage-following industries to grow and integrate with the global supply chain, paving the way for institutional reform and turning a relatively closed economy into a global manufacturing powerhouse. The catching-up strategy proposed by development economics to latecomers fails to take into account the evolutionary nature of industrial structure and downplays the role of initial factor endowments. The New Structural Economics advocated by Justin Yifu Lin underscores the importance of comparative advantage and learning, linking endowment structure and rapid economic growth. Late latecomers following the NSE approach and accumulating physical and human capital through learning are most likely to achieve rapid development and to upgrade from imitation to innovation.


2021 ◽  
Vol 251 ◽  
pp. 01084
Author(s):  
Luo Lisheng

A “Gold town” is a characteristic town featuring gold industry and being operated by leading enterprises. Xintai Group in gold and jewelry industry has launched a “Gold Town” project in Houjie, Dongguan, Guangdong by taking advantage of its own capital and technology, seizing the opportunity of gold and jewelry industry transformation and gathering the strength of traditional gold and jewelry industry in Houjie. “Gold Town” is a key project supported by the local government in response to the national call. When setting up this project, Xintai Group introduced the characteristic development concept of European towns and optimized its own industrial structure, and meanwhile it aimed to build an industrial ecological base of gold and jewelry town and aggregate industrial development resources. This project has been partially completed and the first phase has been transferred to the production and operation stage. Therefore, it is of great significance for both Xintai Group and the local government to explore the appropriate development strategy of the “Gold Town” project.


2019 ◽  
Vol 44 (3) ◽  
pp. 108-111
Author(s):  
Wenwen Wu

To accelerate the development of low-carbon industry in Zhaoqing City, transform the mode of economic growth, and promote industrial transformation and upgrading, the SWOT analysis method was applied. From the four aspects of strengths, weaknesses, opportunities and threats, the feasibility of developing a low-carbon economy in Zhaoqing was systematically analyzed. From the adjustment of industrial structure, the optimization of energy structure, the promotion of low-carbon tourism, the development of circular economy, and the enhancement of carbon sink capacity, the development path of low-carbon economy was explored. Based on the above analysis, a low carbon development plan was prepared. From the implementation of low-carbon development strategy, the choice of low-carbon economy pilot, and the low-carbon economic security system, the implementation steps of Zhaoqing's low-carbon economy were discussed in detail. The results showed that the low-carbon economy concept provided some ideas for Zhaoqing's economic development. Therefore, Zhaoqing is still in its infancy. The city's transportation system is not perfect. To develop a low-carbon economy, governments, enterprises, and individuals need to participate actively.


2018 ◽  
Vol 63 (04) ◽  
pp. 1037-1058 ◽  
Author(s):  
WEN XIAO ◽  
JIA-DONG PAN ◽  
LI-YUN LIU

This paper measures the index of industrial structure upgrade nationally, regionally and provincially by employing angle cosine method. The results show that China’s industrial structure has upgraded and the East is higher than the Northeast and the Midwest. The paper presents an empirical study to examine the effect of variables including demand-side factors, New Normal as a dummy variable and supply-side factors on industrial structure upgrading. It implies that New Normal is not significant, while consumption, investment, technology improvement and labor supply significantly facilitate the upgrade. It highlights policy suggestions designed to adopt innovation-driven strategy and regional economy development strategy.


Author(s):  
Riri Lestari

Abstract The purpose of this research is to create Economic Development Strategy in Halal Tourism Area in Sembalun of East Lombok Regency and formulate economic development strategy by doing analysis of AHP (Analythical Hierarchy Process). How to take informants in this study using Purposive Sampling. Based on the results of the analysis and discussion that has been done before, the strategy of Economic Development of Halal Tourism Area In Sembalun, East Lombok Regency is still in the low category seen from the income of society and life is still very simple. To overcome these problems then need some strategies that are growth strategy, development strategy and equity, and strategy with insight of space. The criteria for economic development are 1) capital assistance for society (0.863) 2) IT based technology (0.819) 3) Increasing employment opportunities for the community (0.781) 4) Higher education 0.716 5) Reducing Unemployment (0.673).


2019 ◽  
Vol 44 (3) ◽  
pp. 68-71
Author(s):  
Jun Shi ◽  
Ning Liang

Petroleum resource-based city is an important part of urban system in China. Under the background of green growth and economic transition, petroleum resource-based city is facing the problem of sustainable development. This paper takes petroleum resources-based cities in China as the research object, and uses urban ecological planning method to analyze the basic methods of petroleum resources-based urban ecological planning and development from three aspects: establishing multi-level city circle layer, building urban ecotope and promoting urban renewal. The results show that green growth and economic transition of petroleum resources cities in China depend on government planning for urban development, including statutory planning and non-statutory planning. Petroleum resources-based cities should promote the ecological planning and development of petroleum resources-based cities in China from three aspects: optimizing the industrial structure of cities, optimizing the layout of urban functional areas and optimizing the layout of urban ecolandscape in order to adapt to green growth and economic transition.


Author(s):  
Christian Ploberger

China and its population are confronted with fundamental environmental challenges, as both, environmental degeneration and the impact of climate change, exhibit critical social, economic and political implications for their future development. Among the various environmental challenges China faces, pollution issues, soil erosion, acid rain, and sea-level rise are identified. This variety of environmental issues increases the underling complexity of how best to address these challenges, especially as China’s growth strategy has the potential to exacerbate the negative impact on the environment further. The strategic decision which development strategy China will follow – a ‘growth first and clean up later’ or ‘cleaning up while growing’ – carries serious implications not only for the environmental situation in China itself, but for the global community as well.


Author(s):  
Christian Ploberger

China and its population are confronted with fundamental environmental challenges, as both environmental degeneration and the impact of climate change exhibit critical political, economic, and social implications for their future development. Among the various environmental challenges China faces, this chapter identifies pollution issues, soil erosion, acid rain, and sea-level rise. This variety of environmental issues increases the underling complexity of how best to address these challenges, especially as China’s growth strategy has the potential to exacerbate the negative impact on the environment further. Hence the question which development strategy China will follow–a ‘growth first and clean up later’ or ‘cleaning up while growing’–carries serious implications not only for the environmental situation in China itself, but for the international community as well. It is crucial to recognize that China’s multidimensional environmental challenges also carry critical implications for China’s international reputation.


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