The Position and Role of High-tech in China's Industrial Development

Under the limited resource and ability, the choice of traditional and high technologies is a strategic issue for developing countries. Industries in west countries transformed into China and their technologies spread over China are main methods to develop China's industry and technology progress in current period. China today as over 20 years of fast growth, various industries including mature and rising industries are all facing task of technology progress. Under the structure of world economic system, the benefit of value-added from high-tech is enlarging; scale competition and decrease of profit-sharing in traditional industries made value-added to be declining; while the trend of high growth and high value-added (monopoly profit) will keep a long period. During the process of China's industrialization, on one hand, it is necessary to develop high-tech in order to expand the space of industries, during the process, breaking down high-tech industrial chain and blending various industries make China be able to obtain a large space for developing in the area of high-tech industries under the condition of low technology in China's comprehensive industry. On the other hand, it is necessary to realize combination with high-tech and traditional industries, pouring high-tech into traditional industries in order to improve competition of traditional industries and make an important role of promoting the development of traditional industries. Therefore, to buy, exchange, learn and develop technology are tremendous force during the process of China's industrialization and high-tech. Currently, the development of high-tech industries is not only to make great efforts to break through but also to do what one is capable. Especially through the reform of allocation system of high-tech resources, China should build market competition order for the development of high-tech industries in order to improve sustainable development of high-tech industries.