Chinese Experience in Industrial Development During the Forty Years of reform and opening-up
Over the past forty years of reform and opening-up, China’s industry has sustained rapid and sound development and generated impressive achievements. Industrialization has entered the second half of its final stage. This experience of successful industrialization with Chinese characteristics cons...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Editorial Department of Contemporary Social Sciences
2018-09-01
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| Series: | Contemporary Social Sciences |
| Subjects: | |
| Online Access: | https://css.researchcommons.org/cgi/viewcontent.cgi?article=1148&context=journal |
| Summary: | Over the past forty years of reform and opening-up, China’s industry has
sustained rapid and sound development and generated impressive achievements.
Industrialization has entered the second half of its final stage. This experience
of successful industrialization with Chinese characteristics constitutes an
important component Chinese wisdom and Chinese approaches, and serves
as a reference for other developing countries and countries in transition. The
Chinese experience in industrial development during this period includes:
progressively promoting industrial and economic system reform adapted to local
circumstances; seizing the right moment to firmly integrate into the global system
of labor division; pursuing the new path of industrialization featuring coordinated
development of the “Five Pillars” in keeping up with the times; and developing
an industrialization model with Chinese characteristics with concerted efforts of
effective market and enabling government |
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| ISSN: | 2096-0212 |