Incentives for Innovation in China

Building an Innovative Economy

Nonfiction, Social & Cultural Studies, Social Science, Cultural Studies, Ethnic Studies, Business & Finance, Economics
Cover of the book Incentives for Innovation in China by Xuedong Ding, Jun Li, Taylor and Francis
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Author: Xuedong Ding, Jun Li ISBN: 9781317537748
Publisher: Taylor and Francis Publication: February 11, 2015
Imprint: Routledge Language: English
Author: Xuedong Ding, Jun Li
ISBN: 9781317537748
Publisher: Taylor and Francis
Publication: February 11, 2015
Imprint: Routledge
Language: English

In the past three decades, China has successfully transformed itself from an extremely poor economy to the world’s second largest economy. The country’s phenomenal economic growth has been sustained primarily by its rapid and continuous industrialization. Currently industry accounts for nearly two-fifths of China’s gross domestic product, and since 2009 China has been the world’s largest exporter of manufactured products. This book explores the question of how far this industrial growth has been the product of government policies. It discusses how government policies and their priorities have developed and evolved, examines how industrial policies are linked to policies in other areas, such as trade, technology and regional development, and assesses how new policy initiatives are encouraging China’s increasing success in new technology-intensive industries. It also demonstrates how China’s industrial policies are linked to development of industrial clusters and regions.

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In the past three decades, China has successfully transformed itself from an extremely poor economy to the world’s second largest economy. The country’s phenomenal economic growth has been sustained primarily by its rapid and continuous industrialization. Currently industry accounts for nearly two-fifths of China’s gross domestic product, and since 2009 China has been the world’s largest exporter of manufactured products. This book explores the question of how far this industrial growth has been the product of government policies. It discusses how government policies and their priorities have developed and evolved, examines how industrial policies are linked to policies in other areas, such as trade, technology and regional development, and assesses how new policy initiatives are encouraging China’s increasing success in new technology-intensive industries. It also demonstrates how China’s industrial policies are linked to development of industrial clusters and regions.

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