China s Shallow Integration: Networked Production and the New Challenges for Late Industrialization
نویسنده
چکیده
— Chinese enterprises have become extensively linked with the global economy, yet in a shallow manner. They remain stuck in commodity manufacturing, undifferentiated activities for which innovation is absent. Competition then revolves around cutthroat cost cutting. This outcome stems from three factors. First, it reflects the new challenges to development posed by globally networked production. Second, it reflects tensions between the political economic imperatives of successful post-socialist transition and the institutional imperatives for upgrading in networked economies. Third, it reflects uncertainty surrounding the adjustment of traditional industrial policy to the new demands of development through participation in global supply chains. 2004 Elsevier Ltd. All rights reserved.
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