An Analysis of China’s Current Situation of Deindustrialization
Wang, Qiu-shi, Yixin
Abstract
Wang, Qiu-shi, Yixin
Abstract
Since the reform and opening up,China has undergone a rapid economic development;by the end of 2010,China has overtaken Japan to become the world’s second largest economy only after the U.S.As China’s total economic output increases,economic restructuring and economic policy-making become particularly critical.As an inevitable economic phenomenon when the economic development reaches a certain stage,deindustrialization should be analyzed carefully.This article conducts an analysis of China’s present situation of deindustrialization from two levels:gross deindustrialization and regional deindustrialization.Through the re-classification of the regional deindustrialization,we tries to explore the mechanism behind both the positive and negative deindustrialization,as well as the impact on the economic development,so as to provide a theoretical basis for the formulation of our industrial policy and decision-making of economic development.
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Since the reform and opening up,China has undergone a rapid economic development;by the end of 2010,China has overtaken Japan to become the world’s second largest economy only after the U.S.As China’s total economic output increases,economic restructuring and economic policy-making become particularly critical.As an inevitable economic phenomenon when the economic development reaches a certain stage,deindustrialization should be analyzed carefully.This article conducts an analysis of China’s present situation of deindustrialization from two levels:gross deindustrialization and regional deindustrialization.Through the re-classification of the regional deindustrialization,we tries to explore the mechanism behind both the positive and negative deindustrialization,as well as the impact on the economic development,so as to provide a theoretical basis for the formulation of our industrial policy and decision-making of economic development.
Key concepts: Deindustrialization, China, Economics, Restructuring, Economic restructuring, Economic system, Economic growth, Economy