Industrial Upgrading in China in the Era of New Industrial Revolution

This book delves into China's transition to mid-to-high-end industries amid a new wave of global industrial revolution. It explores the fundamental principles and current dynamics of industrial upgrading, addressing topics such as industrial policies, managing overcapacity, and the removal of inefficient enterprises, all viewed through historical experiences, objective analyses, and systemic considerations. Based on the in-depth analysis of China's advantages, challenges and strategic choices, the book concludes that upgrading is a must way-to go for China, involving pivotal areas such as structural upgrading, value chain optimization, product space expanding, quality enhancing, platform economy and sharing economy developing, as well as the intersection of finance with industrial upgrading.

Provides a comprehensive overview of the effects of the new round of industrial revolution in China Illustrates the process of upgrading for China industry Identifies the challenges and opportunities for the upgrading of China industry

Autorentext

Dr. Zhao Changwen currently serves as Chair Professor of Lingnan College, Sun Yat-sen University and President of Institute of National Development. He used to serve as President of Centre for International Knowledge on Development (CIKD), Director General of Industrial Economy Research Department, Development Research Centre of the State Council(DRC), Director General of Enterprises Research Institute of DRC, Professor and Vice President of Sichuan University. He was Fulbright Scholar at University of Michigan in Ann Arbor (2002-2003), Visiting Scholar at University of Oxford (1999), Chinese University of Hong Kong (2000), University of Cambridge (2011). His research interest covers industrial policy, financial reform, SOEs reform and economic growth. Dr. Zhao holds a Doctor Degree in Economics from South-West University of Finance and Economics, Master Degree in Global Public Policy from the University of Southern California and Hong Kong University, Master Degree in Economics from South-West University.

Dr. Xu Zhaoyuan has a Ph.D. in Economics from Guanghua School of Management, Peking University. He is currently a researcher and deputy director general of the Industrial Economy Research Department of the Development Research Centre of the State Council (DRC), where he has worked since 2007. He has published dozens of research reports and more than 30 academic papers in top journals such as Economic Research, Quarterly Journal of Economics, Management World, Quantitative and Technical Economics Research, China Economic Review. His research achievements have earned one China Development Award Special Prize (provincial and ministerial awards) and three China Development Awards First Prize and also won the 2010 National Business Development Research Achievement Award-Special Achievement Award First Prize and the 2013 Sun Yefang Book Award

Inhalt

Opportunities and challenges brought by the NIR for industrial upgrading in China.- Industrial policy and overcapacity: empirical research of China.- Zombie firms and industrial upgrading.- Industrial structure and global value chain.- Product Space and quality upgrade.- Platform economy: the essence and policy implications.- Sharing economy: a new take on an old growth driver.- Financial mechanism in China's industrial development: Success stories and weak links.